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All Press Releases for October 24, 2007 Subscribe to this News Feed  
 

Timeshare Company Alerts Consumers to Real Threat of Internet Tax

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Sell My Timeshare NOW, a leading timeshare resale and timeshare rental advertising and marketing company, warns consumers that Internet taxation will do more than hit them in the wallet. If legislators fail to make the ban on Internet taxation permanent, many people could be priced out of Internet access entirely, stymieing the growth of the Internet as a powerful tool for education and communication.

Dover, NH (PRWEB) October 24, 2007 -- Merely extending the moratorium on Internet taxation won't solve the problem, according to Sell My Timeshare NOW, a successful dot-com that helps people rent or sell timeshare through Internet advertising. As Sell My Timeshare NOW's founder and CEO, Jason Tremblay explains, "Taxing Internet access is not only bad for businesses, it is worse for the individual consumer. If the Internet tax moratorium is not made permanent, we all face the potential for state and local taxes to be levied on Internet access, whether we are using cable modems, telephone lines, or a wireless transmission, like the BlackBerry."

Jason Tremblay, CEO Sell My Timeshare NOW
Jason Tremblay, CEO Sell My Timeshare NOW

Taxing Internet access is not only bad for businesses, it is worse for the individual consumer. If the Internet tax moratorium is not made permanent, we all face the potential for state and local taxes to be levied on Internet access, whether we are using cable modems, telephone lines, or a wireless transmission, like the BlackBerry.
With less than two weeks to go until the Internet Tax Freedom Act of 1998 expires, the future of Internet taxation is still uncertain. On October 16, the House of Representatives approved H.R.3678 to extend the current expiration date of the Internet tax ban from November 1, 2007 to November 2011. The bill has been sent to the Senate for action, but the Senate has yet to vote on the measure.

Sell My Timeshare NOW has worked aggressively to bring the real issues of Internet taxation to the forefront and calls for the Senate to act to ensure that all aspects of the Internet remain tax-free . If the moratorium expires, local and state governments would be able to tax Internet access, as well as impose multiple taxes on goods sold online. Goods and services sold via the Internet could be treated differently, and taxed differently, than the same items sold in physical stores.

Steve Luba, Sell My Timeshare NOW's Director of Communications explains, "If given the opportunity, there are more than 7,000 separate entities in the US that could, and probably would, levy discretionary taxation on the Internet. Action on the part of the Senate is needed to, at the very least, amend the legislation to continue the current ban on Internet sales taxes."

New Hampshire's Senator John Sununu, who has fought hard to make the Internet tax moratorium permanent, has described the problem as setting up the Internet---a global communications and business network---to be taxed by every state, city and county in the US.

The Washington Post's blog quotes the National Small Business Association as saying that the policy of not permitting taxes on Internet access or taxes that discriminate against Internet transactions is key in enabling many small businesses to develop and grow. Sell My Timeshare NOW is a perfect example of an Internet based business that would be seriously impacted by Internet taxation.

By using Sell My Timeshare NOW's online advertising services, individuals can use by-owner transactions to sell timeshare they do not use or can no longer afford. Yet this type of person-to-person direct commerce could quickly become unaffordable with Internet taxation on both the company that provides the service and the individual consumers who use the Internet to access it.

As Jason Tremblay explains, "Today's Internet makes education, health information, financial services, business, and personal communication instantly available to millions of people. To do anything that makes it harder for people to access the Internet moves communication and productivity drastically backward in our country. Both as a businessperson and as an individual, I am truly appreciative of the work by New Hampshire's representatives to Congress, Carol Shea-Porter and Paul Hodes to pass HR 3678, and by New Hampshire Senator Sununu for working to make the Internet tax moratorium permanent. "

About Sell My Timeshare NOW, LLC:
Sell My Timeshare NOW is an industry leader in providing advertising and marketing for timeshare owners who want to sell timeshare or rent timeshare. For 2007, SellMyTimeshareNOW.com is on track to present to its customers $282,900,000 in offers to buy or rent timeshares. Jason Tremblay, CEO, is available for interview at 603-516-0649.

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Steve Luba
Sell My Timeshare NOW
877-815-4227
Email us Here
Steve Luba
Visit Our Site
877-815-4227
Email us Here

Sell My Timeshare NOW, Third Quarter Report
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Uploaded: Oct 9, 2007
File Name: thirdquarterreport2007.pdf

Jason Tremblay, CEO Sell My Timeshare NOW
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Uploaded: Jul 30, 2007
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