<?xml version="1.0" encoding="UTF-8" ?>

      <rss version="2.0">		
        <channel>
          <title>WashingtonWatch.com - H.R. 5267, The Business Activity Tax Simplification Act of 2008</title>
          <link>http://www.washingtonwatch.com/bills</link>
          <description></description>
          <managingEditor>info@washingtonwatch.com</managingEditor>
          <generator>http://www.pjdoland.com/chai/?v=0.1</generator>
          
<item>
<title>Comment by Marge M (August 19, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/show/110_HR_5267.html#40559</link>
<description>Streamlined sales &amp; use tax and common nexus standards for all 50 states will make compliance much easier for both sides while helping taxing authorities collect the revenue they are currently denied by internet sales by companies without nexus....</description>
<guid isPermaLink="false">40559@http://www.washingtonwatch.com</guid>
<pubDate>Tue, 19 Aug 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Comment by Jim Monteros (July 15, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/show/110_HR_5267.html#39042</link>
<description>Our company sells products to customers across the country. We only have 11 employees. We currently have to file 356 tax returns witht he associated quarterly reports in 26 states. It's not the taxes but the burden of all the paperwork required by the cities, counties, sales tax boards, state income tax authorities that is killing our business. Congress needs to pass a law forbiding any government from taxing a foreign corporation that has no employees or offices in their location. Just selling product to their residents should not be enough of a reason to require a coporation to file a tax return and pay taxes in that location. Small companies like ours can not handle the paperwork burden of every city, county and state asking for a return....</description>
<guid isPermaLink="false">39042@http://www.washingtonwatch.com</guid>
<pubDate>Tue, 15 Jul 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Comment by Bob Baker (July 15, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/show/110_HR_5267.html#39043</link>
<description>There are 20,000 cities in the country. If this bill does not pass every business that sells nationally may be required to file 20,000 tax returns per year.

The US economy will be seriously damaged as cities seek more ways to increase revenue as conditions get tougher. If we don't pass this bill our economy will tank....</description>
<guid isPermaLink="false">39043@http://www.washingtonwatch.com</guid>
<pubDate>Tue, 15 Jul 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (June 13, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_5267.html?rev=25628</link>
<description>&lt;p&gt;H.R. 5267 would regulate certain State taxation of interstate commerce.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Business Activity Tax Simplification Act of 2008- Expands the federal prohibition against state taxation of interstate commerce to: (1) include taxation of out-of-state transactions involving all forms of property, including intangible personal property and services (currently, only sales of tangible personal property are protected); and (2) prohibit state taxation of an out-of-state entity unless such entity has a physical presence in the taxing state. Sets forth criteria for determining that a person has a physical presence in a state.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 6/11/2008: House committee/subcommittee actions. Status: Subcommittee Hearings Held.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">25628@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 13 Jun 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Status as of June 11, 2008</title>
<link>http://www.washingtonwatch.com/bills/show/110_HR_5267.html</link>
<description>6/11/2008: House committee/subcommittee actions. Status: Subcommittee Hearings Held.</description>
<guid isPermaLink="false">36610@http://www.washingtonwatch.com</guid>
<pubDate>Wed, 11 Jun 2008 00:00:00 EDT</pubDate>
</item>
<item>
<title>Revision by webmaster (February 17, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_5267.html?rev=18653</link>
<description>&lt;p&gt;H.R. 5267 would regulate certain State taxation of interstate commerce.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;Business Activity Tax Simplification Act of 2008- Expands the federal prohibition against state taxation of interstate commerce to: (1) include taxation of out-of-state transactions involving all forms of property, including intangible personal property and services (currently, only sales of tangible personal property are protected); and (2) prohibit state taxation of an out-of-state entity unless such entity has a physical presence in the taxing state. Sets forth criteria for determining that a person has a physical presence in a state.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 2/7/2008: Referred to House committee. Status: Referred to the House Committee on the Judiciary.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">18653@http://www.washingtonwatch.com</guid>
<pubDate>Sun, 17 Feb 2008 00:00:00 EST</pubDate>
</item>
<item>
<title>Revision by webmaster (February 8, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_5267.html?rev=18165</link>
<description>&lt;p&gt;H.R. 5267 would regulate certain State taxation of interstate commerce.&lt;/p&gt;


&lt;h2 id=&quot;toc8&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc9&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to update the status of the bill!)&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc10&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc11&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">18165@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 08 Feb 2008 00:00:00 EST</pubDate>
</item>
<item>
<title>Revision by webmaster (February 8, 2008, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_HR_5267.html?rev=18166</link>
<description>&lt;p&gt;H.R. 5267 would regulate certain State taxation of interstate commerce.&lt;/p&gt;


&lt;h2 id=&quot;toc12&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc13&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 2/7/2008: Referred to House committee. Status: Referred to the House Committee on the Judiciary.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc14&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc15&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

</description>
<guid isPermaLink="false">18166@http://www.washingtonwatch.com</guid>
<pubDate>Fri, 08 Feb 2008 00:00:00 EST</pubDate>
</item>
<item>
<title>Status as of February 7, 2008</title>
<link>http://www.washingtonwatch.com/bills/show/110_HR_5267.html</link>
<description>2/7/2008: Referred to House committee. Status: Referred to the House Committee on the Judiciary.</description>
<guid isPermaLink="false">32909@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 07 Feb 2008 00:00:00 EST</pubDate>
</item>
        </channel>
      </rss>
  		