Earlier today, the Federal Communications Commission (FCC) released the full text of its new Open Internet order, commonly known as net neutrality order. The FCC voted on the long awaited net neutrality rules last month with a final vote of 3-2. Although the rules passed last month, the full text of the order hasn't been available until today.
Yesterday, a group of bipartisan Senators introduced the Marketplace Fairness Act of 2015 (MFA) in the U.S. Senate. The bill is modeled after the legislation, also entitled the Marketplace Fairness Act, that failed to pass in the 113th Congress. The current iteration of the bill would require small business owners to collect sales tax based on 9,600 different jurisdictions across the country. It would also open businesses to audits from every state, regardless of where they are physically located.
Yesterday, PayPal was honored to host Congressman Brad Ashford (D-NE) at the Omaha, Nebraska campus. During his visit, Congressman Ashford not only received a tour of the campus, but visited with a number of the employees whom were pleased to share with the Congressman the vision of PayPal and future of digital payments. The Congressman also had the opportunity to chat about some of the major policy issues he is working on in Congress, including trade, cybersecurity and enabling businesses in Nebraska to grow.
Earlier this week, the Supreme Court issued an opinion on a Colorado Internet sales tax reporting law that could ultimately have an effect on internet-enabled businesses. The Colorado law at issue requires sellers outside the state of Colorado - including many that use the Internet to sell - to report the value of each purchase made by a Colorado resident to Colorado’s revenue agency. While the intent of this law was to assist this Colorado agency in collecting use taxes from its residents, sellers with no physical presence in Colorado objected to the new reporting requ
Last week, Utah eBay sellers went to the Utah State Capitol to meet with their legislators on issues affecting Internet-enabled small businesses throughout the state. The legislators heard firsthand how eBay Inc. and its community of sellers – like Jester’s Jerseys, MDG Sales, LLC, and Stitchery Xpress - are creating jobs and investing in their communities, and why it is important to preserve this environment in support of the state’s continued economic growth.