Real Estate to benefit as Internet access taxes end

Real Estate

Real EstateBy Robert Freedman | National Association of Realtors

Ten states today levy what are known as Internet access taxes. That might come as a surprise to many people, since the taxes are largely invisible. They’re levied on companies such as Verizon and Comcast, the Internet service providers (ISP) that manage the infrastructure through which Internet traffic flows. These companies pass the taxes on to consumers in the form of higher fees.

In 1998, Congress limited the taxes to just the 10 states—Hawaii, New Hampshire, New Mexico, North Dakota, Ohio, South Dakota, Tennessee, Texas, Washington, and Wisconsin—by passing the Internet Tax Freedom Act.

Continued:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories