US Congress Scrambles to Extend Net Tax Ban as Deadline Looms
Posted in: Government & Policy at 28/10/2007 08:53
The United States Senate has agreed upon a bill that would extend the ban on taxes on Internet services. So has the House of Representatives. However, they have not agreed on the same bill -- one extends the ban for seven years, the other for four. The current ban expires Nov. 1, and President Bush appears eager to sign an extension into law. Congress has until Thursday to hammer out their differences.
Senate proposes seven-year extension of Internet tax moratorium [IDG]
The U.S. Senate last night passed legislation that would extend a moratorium on Internet access taxes for seven years, giving the bill's supporters hope that an extension will be signed into law before the current moratorium expires next Thursday.