Senators Seek Permanent Extension Of Internet Tax Ban
Congress is looking to keep popular Internet-only services, such as email and social networks, permanently free of taxes. Sen. Kelly Ayotte and Sen. Dean Heller are seeking a permanent extension of the original 1998 Internet Tax Free Act, which is set to expire in November 2014. “E-commerce is thriving largely because the Internet is free from burdensome tax restrictions. Unfortunately, tax collectors see it as a new revenue source, and they must be stopped,” said Ayotte, in a statement.
AppDirect Acquires Open Source Billing Company jBilling
Today cloud app store company AppDirect announced its acquisition of open source billing company jBilling. Terms of the deal were not disclosed. AppDirect co-CEO Daniel Saks says existing jBilling won’t be affected and AppDirect will continue to sell and support jBilling products. AppDirect makes “white label” software-as-a-service app stores. Saks says its customers are mostly local IT consulting companies who want to be able to sell SaaS applications like Google Apps, DocuSign, New Relic, and SendGrid. The company was founded in 2009 by Saks, co-CEO Nicolas Desmarais (previouslyof Bain Capital) and technical co-founder Andy Sen (who worked at Salesforce.com on its enterprise app store AppExchange). Saks was an investment banker at in the SaaS market at Viant Capital and saw that many had trouble reaching businesses users. “Businesses don’t know where to find and purchase software. They mostly go through local consultants or buy boxed software through companies like Office Depot.” ...