Gov. Rick Perry has nixed a bill that would have taxed online retailers doing business in Texas, saying it would have prompted ?unintended consequences.? Texas legislators passed House Bill 2403 earlier this month, seeking to clarify state sales tax rules for Internet retailers. The bill ? authored by State Rep. John Otto, R-Dayton ? would have specifically defined a ?nexus? for collecting taxes as online retailers with a warehouse or distribution center in Texas. The law came after a public tiff this year between the state comptroller and Internet sales giant?
Read this article:
Perry vetoes Internet sales tax bill (Dallas Business Journal)
Source: http://commercial-roofing-dallas.org/perry-vetoes-internet-sales-tax-bill-dallas-business-journal/
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