President Obama today signed into law legislation that extends the Internet Tax Freedom Act (ITFA).
“CenturyLink commends Congress for passing and the president for signing legislation that protects consumers and businesses from new taxes on Internet access through Oct. 1, 2015,” said CenturyLink, Inc. (NYSE: CTL) Vice President for Federal Legislative Affairs David Bartlett. “And, we encourage lawmakers to continue working toward a permanent extension of the Internet Tax Freedom Act, which would provide lasting protection from the hundreds of individual tax jurisdictions around the country that are poised to levy new taxes on Internet use. Permanent extension of the ITFA would help create the kind of marketplace certainty that encourages broadband adoption and network investment. We look forward to working with lawmakers on both sides of the aisle to pass a permanent fix in the next Congress.”
ITFA is a temporary tax moratorium that has been extended several times since it was first signed into law in 1998. Legislation that would permanently extend ITFA was introduced in the 113th Congress by U.S. Reps. Bob Goodlatte (R-Va.) and Anna Eshoo (D-Calif.) and U.S. Sens. Ron Wyden (D-Ore.) and John Thune (R-S.D.).
For more information, please see a previous public policy blog post on ITFA entitled, CenturyLink Joins Coalition To Prevent Government From Taxing Internet Access.