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To: ~digs who wrote (676)9/11/2003 9:33:52 PM
From: ~digs  Respond to of 6763
 
Calif. legislature passes Internet cigarette bill




Thursday September 11, 4:13 PM EDT

SACRAMENTO, Calif., Sept 11 (Reuters) - California's legislature passed a bill on Thursday banning Internet cigarette sales unless retailers provide the buyer's name and address so the state can collect tobacco and sales taxes.

California law now requires retailers to either collect the state taxes or print a notice on the shipment informing buyers they are responsible for the taxes -- a loophole the bill's sponsor says cost the nation's most populous state $54 million a year in lost tobacco levies.

"Internet and mail order cigarette retailers are making a fortune by thumbing their noses at the federal law and misleading California buyers into thinking they can duck nearly $9 in state tobacco taxes on every carton of cigarettes they order," said the bill's sponsor, Democratic Sen. Debra Bowen.



The legislation, which the Senate approved on a bipartisan 24-11 vote, now moves to Democratic Gov. Gray Davis, who has not yet indicated whether he would sign the bill. The measure was modeled on a 2000 New York law that, with a limited exception, banned mail-order tobacco sales.

California, one of the world's largest economies, could use new revenue. Lawmakers recently closed a $38 billion budget gap in a state forecast to have more big deficits in coming years as a weak economy crimps revenues.

The Senate has not yet taken action on another Internet tax bill that would require the state to join a group of 38 states and the District of Columbia seeking to tax remote sellers, including those that operate online and via mail-order.

Members of that group, known as the Streamlined Sales Tax Project, were key players in a February deal in which eight major online retailers agreed to begin collecting taxes on behalf of about three dozen states. As part of that deal, the vendors were granted amnesty for any prior uncollected taxes.

finance.myway.com



To: ~digs who wrote (676)10/16/2003 3:09:11 AM
From: ~digs  Read Replies (2) | Respond to of 6763
 
Microsoft Warns of 4 New Windows Flaws
apnews.myway.com

WASHINGTON (AP) - Microsoft Corp. (MSFT) warned consumers Wednesday about four critical new flaws in its popular Windows software as the company shifted to monthly alerts for serious problems that could let hackers break into computers.

In particularly embarrassing disclosures, Microsoft acknowledged problems in its technology to authenticate software publishers over the Web and in its Windows help and support system. Microsoft also announced a fifth, less serious Windows vulnerability.

The company said it did not believe hackers were yet exploiting any of the vulnerabilities it announced.

Microsoft said last week it will begin issuing monthly warnings and software patches, responding to frustration from technology managers who must apply sporadic patches each week across hundreds of computers inside corporations.

The company said it expects to release future warnings on the second Tuesday or Wednesday of each month. It has promised to rush out an emergency patch midmonth if it determines hackers are actively breaking into computers using a flaw it can repair immediately.

Separately, Microsoft began offering Windows XP users a single, convenient patch that combines 22 previous updates. It was aimed at customers who haven't diligently applied every software patch or who recently bought a new computer or recently installed Windows from scratch.

All four of the most dangerous new vulnerabilities affect versions of Windows 2000, which is commonly used by corporations and government agencies. Three of them also affect other Windows versions, including Microsoft's flagship Windows XP software, popular among home users, and Windows Server 2003 for businesses.

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