The taxman is coming for iTunes and ringtones.
The legislature's joint Revenue Laws committee approved a bill Tuesday morning that would tax ringtones, music downloads, software and other material delivered electronically, Mark Johnson reports.
The bill is intended to equally tax the electronic version of products that are taxed when sold in a tangible form, such as a compact disc.
Brooks Raiford, president of the N.C. Technology Association, cautioned against singling out the tech sector for new taxes during a downturn.
Raiford, whose group represents primarily high-tech businesses, emphasized that digital products avoid packaging and other byproducts that affect the environment.




Re: A ringtone tax?
I do think they should consider the green value of not having a bunch of packaging etc that would end up in a landfill (at local, not state, cost). In fact if they HAVE to raise taxes, I like the idea of doing it on less-green things to encourage us all to do more.