Massachusetts Discusses Possible Expiration of the Internet Tax Freedom Act

Monday, September 14th, 2015

 
 
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The Massachusetts Department of Revenue (DOR) has issued an information release discussing the potential expiration of the federal Internet Tax Freedom Act (ITFA) on October 1, 2015. The ITFA currently bans the taxation of Internet access at both the federal and state levels. Due to the possibility that Congress may allow ITFA to expire and later enact a retroactive extension, the DOR is advising Internet access vendors to continue to rely on current guidance on taxable and non-taxable transactions.

This information release does not relieve purchasers of potential use tax liability if ITFA expires and no extension is enacted. However, this liability does not need to be reported until further notice from the DOR, and there will be no penalties for reporting or paying the use tax late.

The DOR will issue further guidance if neither Congress nor the state legislature has acted on this issue by December 31, 2015.

http://www.mass.gov/dor/businesses/help-and-resources/legal-library/tirs/tirs-by-years/2015-releases/tir-15-8.html


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