Thursday, March 21, 2013

Wal-Mart Pushes Senate to Tax Online Retailers

Brick-and-mortar retailers like Wal-Mart Stores Inc. (WMT) see an opportunity to claim victory in a lobbying duel against online companies that don’t collect sales tax from their customers.
Retailers are urging U.S. senators to take a non-binding vote this week to demonstrate support for allowing states to impose sales taxes on out-of-state online sellers. Opponents including EBay Inc. (EBAY) have prevented House or Senate action so far in a decade-long dispute.