Wyden urges SBA to help small biz collect online sales taxes

Senator Ron Wyden on Friday called on the Small Business Administration to develop a plan for small businesses that will be hurt by the recent Supreme Court decision to allow states to collect internet sales taxes.

The court’s decision will require Oregon businesses to comply with more than 12,000 state, county and city tax jurisdictions across the United States. Wyden, along with Senator Jeanne Shaheen, D-N.H., asked in a letter to SBA Administrator Linda McMahon that the SBA provide a comprehensive plan to help those harmed by the ruling.

“Small businesses already face enough red tape that gets in the way of what they do best – growing their businesses and creating jobs,” the senators wrote. “I urge you to develop a comprehensive plan to help small businesses comply with these new tax collection burdens, including ways the SBA’s resource partners can mitigate the many types of costs on small businesses…In addition, I urge you to work with the SBA’s Office of Advocacy and other federal agencies to determine the best way to provide financial support to small businesses affected by this decision.”

You can read the full letter to Administrator McMahon here.