H.R. 3179: Marketplace Equity Act of 2011
112th Congress:
2011-2012
To improve the States' rights to enforce the collection of State sales and use tax laws, and for other
purposes.
10/13/2011--Introduced.
Marketplace Equity Act of 2011 - Authorizes states to require all sellers
making remote sales to collect and remit sales and use taxes with respect to such sales into the state, without regard to
the location of the seller, if such states implement a simplified system for administration of sales and use tax collection
for remote sellers. Requires such a system to include, at a minimum: (1) an exception for remote sellers with gross annual
receipts in the preceding calendar year from remote sales not exceeding $1 million in the United States or not exceeding $100,000
in the state, (2) a single sales and use tax return for use by remote sellers and a single revenue authority within the state
with which remote sellers are required to file a tax return, and (3) a uniform tax base throughout the state. Defines "remote
sale" as a sale of goods or services attributed to a state with respect to which a seller does not have adequate physical
presence to establish a nexus so as to allow such state to require such seller to collect and remit taxes.
You can
find the full text bill and more information on this bill at the following link: http://www.govtrack.us/congress/bill.xpd?bill=h112-3179
Arkansas Usury
Arkansas Retailers are now able to charge up to 17% interest on in-house loans.
This is up from 5.5%. This change is due to the fact that we won a constitutional ammendment vote that made
this change permanent.
Health Notice, Used and Second Hand Mattresses
Please follow the link below for information on this State Act
Used or second hand mattresses
Transient Merchants
For information on the Transient
Merchant Law, please click...
Transient Merchants Law
