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BizReport : White Papers : Finance
Back in the Hopper: The Marketplace Fairness Act
After nearly two years on the Congressional bench, the Marketplace Fairness Act (MFA) is again making the rounds. First introduced in 2011 and again in 2013, the MFA is an attempt by federal lawmakers to level the playing field for brick-and-mortar stores going up against ecommerce businesses. If the bill passes, states that meet tax code simplification requirements can opt-in to require out-of-state sellers to collect sales tax on purchases made online.
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