Internet Tax Extension On Its Way to President

By October 30, 2007Taxation

Just in time. From IGD News Service:

October 30, 2007 (IDG News Service) — The U.S. House of Representatives today approved a bill that would extend the soon-to-expire moratorium on Internet taxes by seven years, the final step before the legislation heads to President Bush for his signature.

The House voted 402-0 to accept a version of the moratorium extension bill that was passed by the Senate last Thursday. The Senate proposed the seven-year extension, amending an earlier iteration of the bill that the House had approved with a four-year extension.

Seven years is a good compromise upward.

NAM news release here.

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