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Online-only retailers begin Texas sales tax collection on July 1

BY Marianne Wilson

Arlington, Va. –Texas joins eight other states in taking legislative action requiring online-only retailers, notably Amazon.com, to collect sales tax. Online retailers will have to collect sales tax in Texas beginning July 1.

“A true free market is devoid of government preferences and special treatment," said Sandy Kennedy, president, Retail Industry Leaders Association. "Texas has made a powerful statement that its time to end special treatment for online retailers and close the sales-tax loophole that gives companies like Amazon an artificial leg up on Main Street retailers."

Eight states have followed Texas’ lead and passed legislation or taken administrative action in the past year to help level the retail playing field by requiring online retailers like Amazon to collect sales tax. California and Pennsylvania are next up, with both states requiring Amazon to collect sales tax in September.

Also, New Jersey Governor Chris Christie and Virginia Governor Bob McDonnell recently struck agreements with Amazon in their respective states, with Amazon beginning sales tax collection next year.

"States are leading the charge to level the playing field, but can only go so far to close the sales tax loophole on their own — it’s time for Congress to act," said Kennedy. "Congress should act this year to pass the Marketplace Equity Act in the House, and the Marketplace Fairness Act in the Senate."

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R.Rickypointingw says:
Oct-19-2012 09:21 am

I would like to thank you for the efforts you have made while writing this post. I am hoping for the best work of the same from you in future Share It

R.Rickypointingw says:
Oct-19-2012 09:21 am

I would like to thank you for the efforts you have made while writing this post. I am hoping for the best work of the same from you in future Share It

M.Manu says:
Jul-03-2012 01:16 pm

informative article. I work for McGladrey and there's a white paper on E commerce on the website ( http://bit.ly/HJbEFy ), with good information on online retail and advice from industry experts you may find useful.

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RILA voices concern over Affordable Care Act ruling

BY Staff Writer

Arlington, Va. — The Retail Industry Leaders Association (RILA) gave voice to concerns after Thursday’s Supreme Court ruling that upheld the individual-mandate within the Affordable Care Act.

“With the Supreme Court decision now behind us, the focus must turn to the employer-mandate and the effect that impending changes to employer-sponsored coverage will have on the nearly 170 million Americans who receive health care through their employer,” said RILA president Sandy Kennedy.

“While retailers are committed to continuing to provide health coverage to their employees, overregulation jeopardizes their ability to do so,” Kennedy continued.

“RILA continues to urge the Administration to protect retailers’ ability to offer quality, affordable coverage that fits the unique needs of their workforce and not to undermine the flexible, voluntary system that provides coverage to millions of employees and their families.”

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New York & Co. names COO

BY Staff Writer

New York — New York & Co. has named former Ann Taylor executive Laura Weil as its new COO.

Weil, who has served as a consultant at the company since February, was Ann Taylor COO from 2008 to 2011.

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