The U.S. House of Representatives took the heat off the Internet industry today by deciding to pass a bill that will indefinitely extend the moratorium on Internet taxation and remove a grandfather clause that exempts certain states from the ban.
In what could create a dramatic shift for many facets of online industry reliant on untaxed e-commerce transactions, The U.S. House of Representatives will decide whether to amend the Internet Tax Freedom Act (ITFA) of 1998 that expires Nov. 1.
