Fact: eBay is opposed to the current definition of a small business in the legislation, which is exponentially less than any other relevant federal standard for defining a small business.
Last week, PayPal met with representatives from the Consumer Financial Protection Bureau (CFPB), the newly created federal agency tasked with regulating consumer protection with regards to financial products and services in the U.S. The meeting was an opportunity to showcase PayPal’s products and services and to continue to build strong relationships and goodwill with CFPB, a current and future regulator.
Last week Sharon McBride, Director of External Affairs & Operations for eBay’s Global Government Relations team, visited the local Dallas eBaybes & eMales eBay seller meet-up group to inform and activate local Texas sellers on the issue of Internet sales tax.
Last week eBay Inc. Federal Govt. Relations representative Ali Gabel attended the 37th annual NACHA Conference in San Diego. The three day conference focused on the future of electronic payments and offered the opportunity to reach a wide audience of financial institutions, corporate, government and electronic technology provider decision-makers.
Gwen Ifill looks at the Internet sales tax debate with Brian Bieron of eBay Inc. and the National Retail Federation's Rachelle Bernstein.
Last week, on the floor of the U.S. Senate, Senate Minority Leader Mitch McConnell (R-KY) rose in opposition to the Internet sales tax bill that is currently being considered by the Senate. During his remarks, Leader McConnell explained that this legislation would create a new tax regime that would give states new powers to force small online retailers to comply with their laws, even if they don’t have any connection or presence in that state.