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Bush makes it official: Net tax ban extended
From E-Commerce Times
President Bush has signed the extension of the ban on new taxes on Internet access services. The earlier ban lapsed October 21st and the new ban was not signed into law until this week - however, no new Internet taxes were passed during that time. The ban does not include sales taxes. However, a 1992 Supreme Court decision bars states from taxing cross-border sales unless the seller has a physical presence in a state. States are complaining about lost revenue, but as the story points out online retail sales account for less than 1 percent of all retail activity, so any tax revenue losses because of online shopping have been trivial.