Timeshare Company Alerts Consumers to Real Threat of Internet Tax

SellMyTimeshareNow warns consumers that Internet taxation will do more than hit them in the wallet.

Dover, NH (October 24, 2007) -- Merely extending the moratorium on Internet taxation won't solve the problem, according to SellMyTimeshareNow (SMTN), a successful dot-com that helps people rent or sell timeshare through Internet advertising. As SMTN's founder, 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."

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.

SellMyTimeshareNow 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 and taxed differently than the same items sold in physical stores.

Steve Luba, SellMyTimeshareNow'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. SellMyTimeshareNow is a perfect example of an Internet-based business that would be seriously impacted by Internet taxation.

By using SellMyTimeshareNow'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 SellMyTimeshareNow
SellMyTimeshareNow is an industry leader in providing advertising and marketing for timeshare owners who want to sell timeshare or rent timeshare. For 2007, SellMyTimeshareNOW is on track to present to its customers $282,900,000 in offers to buy or rent timeshares.