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Copyright 2000 The New York Times Company: Abstracts  
Information Bank Abstracts  
WALL STREET JOURNAL

February 9, 2000, Wednesday

SECTION: Section B; Page 8, Column 1

LENGTH: 172 words

HEADLINE: BOOKS, RECORDS WOULD ESCAPE SALES TAX IN STORES, ON WEB IN PROPOSAL TO PANE

BYLINE: BY GLENN R SIMPSON

JOURNAL-CODE: WSJ

ABSTRACT:

Sales of books, music, records and other information and entertainment products would be exempt from taxation both in stores and on the Internet, under a proposal offered to a federal advisory commission on Internet taxation; in exchange for agreeing to exempt these products from sales taxes plus a new tax break for telecommunications companies, state governments would gain new authority to collect other sales taxes on Internet and mail-order commerce across state lin es (M)

LOAD-DATE: February 9, 2000




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