Mar 16, 2015 6:28 PM
NH company says proposed internet tax would cost them 'thousands'
SOMERSWORTH - A New Hampshire company said a newly proposed internet tax bill would cost them thousands of dollars additionally per month and cause a decrease in staff productivity time.
TradePort, an online electronic refurbishing/repair/reuse company that sets to give older or damaged electronics a new life to be reused through websites like Amazon and eBay, said the Marketplace Fairness Act of 2015 would add about $2,000 per month in expenses, and nearly double the workload for their current secretary.
"It will put undo pressure on us," said TradePort president David Lahme.
Lahme said the tax would also bring no return for the company.
TradePort, who currently employees about 14 people, is just one of hundreds of small businesses across the state that Sen. Jeanne Shaheen (D-New Hampshire) says she's concerned about.
Shaheen is opposed to the bill, and has proposed an amendment that would exempt the state from applying the tax.
"It would have a real impact on small businesses like this because so much of their sales are through the internet partnering with other companies," Shaheen said. "And if they had to enforce this legislation, they would have to deal with 9,600 different taxing entities."
Only 5 states - including New Hampshire - do not currently have a sales tax.
"It flies in the face of what New Hampshire is all about," Lahme said.