Yesterday President Bush signed into law HR 3678, the Internet Tax Freedom Act Amendments Act of 2007. Thus the law now provides that “[n]o State or political subdivision thereof may impose any of the following taxes during the period beginning November 1, 2003, and ending November 1, 2014: (1) Taxes on Internet access and (2) Multiple or discriminatory taxes on electronic commerce.” Certain grandfathering provisions applicable to states that tax Internet access were similarly extended until November 1, 2014.
Read more about the amendment at webpronews.com and TechCrunch.
