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eBay Opposes Legislation Imposing New Taxes and Regulatory Burdens on Small Businesses
Jul 02, 2010 (12:07 PM EDT)
WASHINGTON, July 2 /PRNewswire-FirstCall/ -- Tod Cohen, Vice President for Government Relations and Deputy General Counsel at eBay Inc., made the following statement upon the introduction of legislation to expand sales tax collection on the Internet, H.R. 5660 by Congressman Bill Delahunt (D-MA).
"Year after year supporters of increased Internet sales taxes recommend legislation that would impose significant new costs on hundreds of thousands of online small businesses and ecommerce entrepreneurs, which is sure to harm the economy and kill small business jobs.
"At a time when unemployment rates are high and small businesses across the country are closing shop, we are confident that Congress will protect small internet retailers and the consumers they serve from another Internet tax scheme."
About eBay Inc.
Founded in 1995 in San Jose, Calif., eBay Inc. (Nasdaq: EBAY) connects millions of buyers and sellers globally on a daily basis through eBay, the world's largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit www.ebayinc.com.