Of the following, which is harmed MOST by current regulations governing the collection of sales taxes on Internet purchases?
A)online companies such as 1-800-FLOWERS
B)people who purchase items over the Internet
C)state governments that charge sales taxes
D)the federal (national)government

Question

Quizplus · Accepted Answer

State governments that charge sales taxes are harmed the most by current regulations governing the collection of sales taxes on internet purchases. Without clear guidelines, states are losing out on billions of dollars in tax revenue each year. The rise of e-commerce has led to an increasingly complex landscape for sales tax collection, with many consumers opting to purchase goods from out-of-state retailers who may not collect sales taxes. This creates an uneven playing field for local businesses and deprives state governments of much-needed revenue.

Of the Following, Which Is Harmed MOST by Current Regulations