Internet Tax Freedom Act
TABLE OF CONTENTS:
Title I: Moratorium on Certain Taxes
Title II: Other Provisions
Internet Tax Freedom Act - Title I: Moratorium on Certain Taxes - Prohibits a State or political subdivision thereof from imposing the following taxes on Internet transactions occurring during the period beginning on July 29, 1998, and ending two years after the date of enactment of this Act: (1) taxes on Internet access; (2) bit taxes; or (3) multiple or discriminatory taxes on electronic commerce. Provides an exception from such moratorium for Internet access offered as part of a package of other services, unless the service provider separately states the portion of the user's bill that applies to Internet access.
(Sec. 102) Establishes the Advisory Commission on Electronic Commerce to study and report to the Congress on Federal, State, local, and international taxation and tariff treatment of transactions using the Internet and Internet access and other comparable interstate or international sales activities.
Title II: Other Provisions - Expresses the sense of the Congress that no new Federal taxes similar to the taxes described above should be enacted with respect to the Internet and Internet access during the moratorium period.
(Sec. 202) Amends the Trade Act of 1974 to direct the U.S. Trade Representative to identify and analyze foreign acts, policies, or practices which constitute significant barriers to U.S. electronic commerce, as well as to estimate the value of additional U.S. electronic commerce that would have been exported into, or invested in, such country except for such acts, policies, or practices.
(Sec. 203) Expresses the sense of the Congress that the President should seek bilateral, regional, and multilateral agreements to remove barriers to global electronic commerce through specified international organizations and other appropriate venues. Includes as negotiating objectives under such agreements: (1) to assure that electronic commerce is free from tariff and nontariff barriers, burdensome and discriminatory regulation, and discriminatory taxation; and (2) to accelerate the growth of electronic commerce by expanding market access opportunities for the development of telecommunications infrastructure, the procurement of telecommunications equipment, the provision of Internet access and telecommunications services, and the exchange of goods, services, and digitalized information.
Referred to the Subcommittee on Telecommunications, Trade, and Consumer Protection, for a period to be subsequently determined by the Chairman.
- Commercial and Administrative Law Subcommittee
- Education and Workforce Committee
- Energy and Commerce Committee
- Judiciary Committee
- Oversight and Government Reform Committee
- Telecommunications, Trade, and Consumer Protection Subcommittee
- Ways and Means Committee
- Commerce, Science, and Transportation Committee
- Communications Subcommittee
- Finance Committee