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Entries tagged with: Taxes


Online sales tax ruling: How people are reacting

Thursday’s monumental ruling by the U.S. Supreme Court in the case of South Dakota v. Wayfair will have lasting effects on e-commerce going forward. The ruling, a narrow 5-4 decision, effectively makes online retailers subject to the same sales tax laws as brick-and-mortar retailers. It’s important to know that the lawsuit the Supreme Court ruled on only called for sales tax remittance from businesses with more than $100,000 in annual sales or 200 transactions in…  » Read more

Supreme Court rules online retailers are subject to state, local sales tax laws

In a landmark decision for retailers and consumers around the country, the U.S. Supreme Court ruled Thursday, June 21 that states can require online retailers to collect sales tax. The vote in the case of South Dakota v. Wayfair was close, 5-4, with Justices Alito, Ginsberg, Gorsuch, Kennedy and Thomas voting in favor of South Dakota, which sued Wayfair Inc. and two other online-only retailers. Chief Justice Roberts and Justices Breyer, Kagan and Sotomayor dissented.…  » Read more

Party & Halloween Retailer poll: Readers pretty split in online sales tax debate

U.S. Supreme Court justices are currently mulling the case of South Dakota v. Wayfair Inc., a suit that could drastically affect online retailing not only in South Dakota, but the rest of the country. The state of South Dakota is suing Wayfair and two other prominent online-only retailers for the purpose of forcing them to collect sales tax on purchases made to state residents and then submit the monies to government officials, the same way…  » Read more

Opinion: Yes, online retailers should collect sales tax, but it’s a complicated situation

Should online retailers have to collect sales tax just like their brick-and-mortar counterparts? The answer to that question seems so simple. Of course they should! To what sales tax laws online retailers should to be subject to and how they would pay is where it gets complicated, which is at least partly why congress hasn’t addressed what’s become a long overdue issue. (Like everything else congress debates, everyone has their own opinion and agenda, so…  » Read more

SCOTUS seems split on intervening in online sales tax law after opening arguments

The U.S. Supreme Court heard arguments Tuesday, April 17 in the South Dakota v. Wayfair Inc. case that could significantly change online sales tax laws. Feedback from the justices suggested the vote could be close. In reports by the Associated Press and Reuters, several of the nine justices spoke following one hour of arguments from attorneys. Some expressed apprehension about overturning the current precedent, which does not require merchants without a physical presence in the…  » Read more

The case for online sales tax: SCOTUS to begin hearing arguments

On April 17, the U.S. Supreme Court is scheduled to begin hearing arguments in a case that could change the landscape of online retailing. The case of South Dakota vs. Wayfair Inc. 17-494 requests that online retailers be subject to sales tax the way their brick-and-mortar counterparts are, which would overturn a 1992 case that states retailers are not required to collect sales tax if they do not have a physical presence in the locality…  » Read more

Retail giants to Trump: Tariffs would wipe out tax reform benefits

Some of the largest brands in retail have sent a letter to President Trump outlining their concerns about the detrimental impact broadly applied tariffs could have on American families. The National Retail Federation, Retail Industry Leaders Association, American Apparel & Footwear Association and their membership fought long and hard to help pass tax reform. The industry is concerned that any benefits from reform for retailers and families will be wiped out by broadly applied tariffs on every day…  » Read more

Trump administration to SCOTUS: Make online retailers pay sales tax

The Trump administration is pushing for online retailers to pay sales tax, which could be a step in leveling the playing field with their brick-and-mortar competitors. That decision is ultimately up to the U.S. Supreme Court, but the White House made it known on March 5 which way it thinks the high court should rule in the case of South Dakota v. Wayfair, 17-494, reported Bloomberg. If SCOTUS sides with the new South Dakota law,…  » Read more

Tax reform package welcomed by National Retail Federation

The National Retail Federation welcomed Senate passage of landmark tax reform legislation on Dec. 2, saying congressional action on the pro-growth plan is helping boost consumer confidence and that savings from reform could be enough to pay for many families’ holiday shopping. “This vote couldn’t come at a better time,” NRF President and CEO Matthew Shay said. “Holiday shopping was strong throughout the Thanksgiving weekend, and a good part of the reason was optimism about the work…  » Read more

NRF urges Supreme Court to deal with ‘out of date’ online sales tax stance

The National Retail Federation has filed a brief urging the U.S. Supreme Court to take up a South Dakota case on whether online sellers can be required to collect sales tax the same as local stores, saying the court’s landmark 1992 ruling on the issue is out of date and that collection is no longer the burden it might once have been. “One of NRF’s top priorities is to ensure that all of our members…  » Read more

NRF lauds congressional budget resolution, which sets stage for tax reform

The National Retail Federation praised today’s passage of the final version of a fiscal year 2018 budget resolution, which sets the stage for the introduction of a tax reform bill as early as next week. “By quickly passing the budget resolution without further delay, Congress has signaled that they’re truly serious about tackling tax reform this year,” NRF Senior Vice President for Government Relations David French said. “Lowering the corporate tax rate and cutting middle-class…  » Read more

New corporate tax proposal could be major boost for retailers

The National Retail Federation welcomed a tax reform proposal released Sept. 27 by the Trump administration and congressional leadership, saying the measure could provide a major boost for the nation’s economy. “We look forward to hearing more details but this is a very positive step forward to achieving the kind of comprehensive tax reform that is needed to keep our nation’s economy competitive in the global environment,” NRF President and CEO Matthew Shay said. “This…  » Read more

Retail federation urges lawmakers to lower corporate tax rate

The National Retail Federation told Congress that lawmakers need to lower the nation’s corporate tax rate in order to remain competitive in the global economy and to keep high taxes from hampering job creation. “The U.S. economy cannot thrive when we have the highest corporate tax rate in the industrialized world,” NRF Senior Vice President for Government Relations David French said. “Americans cannot sit by any longer and watch other nations continue to reduce corporate…  » Read more

SCOTUS needs to act now to enforce online sales tax, says NRF

The National Retail Federation said a ruling issued Sept. 14 by the South Dakota Supreme Court sets the stage for the U.S. Supreme Court to revisit a long-out-of-date ruling on ecommerce. But NRF called on Congress to quickly pass legislation allowing states to require online sellers to collect sales tax the same as local stores rather than continuing to leave the issue in the hands of the courts. “It’s time for Congress to pass a law that…  » Read more

NRF continues efforts for 21st century tax reform

By David French | National Retail Federation As you know, the NRF has been fully engaged in a campaign to stop consideration of the border adjustment taxas part of comprehensive tax reform. On July 27, Republican leaders in the House, Senate and administration announced their intentions to continue to work on comprehensive tax reform without moving to a consumption tax system. Most importantly, in a joint statement the leaders recognized the concerns with a border adjustment tax and have decided to…  » Read more

Sales tax holiday season coming up; is your state offering?

Sixteen of the 45 U.S. states that collect sales tax will offer a tax holidays this year, with many of them coming up the first weekend of August. The sales tax holidays are designed to help consumers with back-to-school purchases, with many limited to things like clothing, shoes and school supplies. Virginia offers a break on hurricane-readiness supplies, while Louisiana and Mississippi offers tax-free purchases on firearms and hunting supplies. Check out this story by…  » Read more

Michigan Retailers Association offers downloadable sign opposing BAT

The Michigan Retailers Association is among the many partnering with the Americans for Affordable Products coalition in an attempt to stop the proposed Border Adjustment Tax (BAT). Amy Drumm, the VP of Government Affairs for the MRA, penned an editorial encouraging retailers to write their congressperson to voice their opposition to the BAT. In it, she wrote, “The BAT is just fancy government lingo for a new tax on imported products that retailers — and ultimately…  » Read more

Labor Department withdraws joint employer liability guidelines set under Obama

The National Retail Federation welcomed the announcement from the Labor Department that it would withdraw burdensome guidance issued under the Obama Administration significantly broadening the definition of a joint employer and creating seemingly limitless liability in business to business relationships. “Today’s announcement from the Labor Department is an important first step in reversing one of the most onerous regulations imposed by the previous administration on businesses,” NRF President and CEO Matthew Shay said. “Drastically expanding…  » Read more

Editorial: Card fee ruling a good thing for retailers, but be careful

On March 29, the U.S. Supreme Court ruled that merchants have the choice to let their customers know how much banks and credit card companies are making every time a credit or debit card transaction occurs. The ruling stems from a New York case involving Expressions Hair Design, which wanted to implement a surcharge to its customers who pay by credit card to offset the fees the business is charged by banks and other credit…  » Read more

NRF: Tax reform could set retailers back for years

The National Retail Federation is urging Congress to focus on updating the existing federal income tax system through comprehensive reform rather than moving toward a consumption tax. Under either approach, Congress should reject a proposed $1 trillion border adjustment tax that would drive up prices for consumers and cost the economy jobs, NRF said. “The most important aspect of any tax reform measure is its impact on the economy, jobs and the consumer,” NRF Senior Vice President…  » Read more

Survey: Most party, costume retailers want Congress to enforce online sales tax

The majority of Party & Paper Retailers who voted in a recent survey are in favor of Congress enacting legislation to enforce sales tax for online purchases. In our online survey, 64.3% voted yes for federal legislation, while 35.7% said no. With more and more states passing online sales tax enforcement laws, pressure is mounting on Congress to enact a more wide-sweeping bill to do the same. The National Retail Federation has issued support for…  » Read more