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