PRESS CALL: TruST to Release Study on Cost of Complying with New Internet Tax System for Small and Mid-Sized Retailers

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TruST

Sep 23, 2013, 05:26 ET

Speakers will Discuss Real-World Challenges and Financial Burdens of Untested, New Tax System

WASHINGTON, Sept. 23, 2013 /PRNewswire-USNewswire/ -- As the issue of Internet sales tax heats up in Congress, there has been much speculation about the costs that online and catalog retailers will face in integrating so-called "free" software under the Marketplace Fairness Act.

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The notion that free software, from providers like Avalara and others, will keep costs low for businesses is untrue and ignores the significant costs of integrating and running "free" software. For example, the most conservative research findings put these costs at $80,000 to $290,000 in setup and integration fees.

The True Simplification of Taxation (TruST) coalition will release a study that examines these software integration costs and provides a breakdown of other burdens that businesses will face in order to comply with MFA. Hear about these figures and how they are impacted by Chairman Goodlatte's new principles guiding action in the House of Representatives, and ask questions during a press call on September 25, 2013 from 12-12:30 p.m. ET. Speakers include:

  • Larry Kavanagh, expert on mid-market eCommerce, manager at Kalio
  • Al Bessin, principal, Bessin Consulting
  • Steve DelBianco, executive director, NetChoice
  • McKane Davis, president, Scrapbook.com

When: Wednesday, September 25, 2013

12:00 p.m. ET

Where: Conference Call

Who: Hosted by TruST (True Simplification of Taxation) www.truesimplification.org

About TruST

The True Simplification of Taxation (TruST) Coalition represents American businesses in the fight to keep interstate commerce and competition free from unfair tax burdens imposed by states where our businesses have no operations or representation. TruST believes that Congress should not overturn the physical presence standard in Quill without first requiring by statute the simplification of sales and use taxes within the States as well as simplification of the administrative requirements for collection and auditing of those taxes. (www.truesimplification.org)

SOURCE TruST

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