Update on State and Local Revenue Loss From Internet Sales
Abstract
The GAO has examined the Census Bureau's estimates of e-commerce in 1999 to determine whether they would provide a basis for us to revise any of the results we presented in our 2000 report on sales tax losses from e-commerce. In that report, we used a range of available private-sector forecasts of Internet and total remote sales as the basis for several scenarios illustrating the impact of such sales on state and local sales and use tax revenues. The scenarios showed that there is considerable uncertainty about the size of the impacts and how various assumptions about sales, compliance, and other factors contribute to that uncertainty. The purpose of this letter is to present our conclusions from a review of the Census estimates.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 01, 2001
- Accession Number
- ADA397069
Entities
People
- James R. White
Organizations
- United States Government Accountability Office