Sales tax reform may have new life, as a new bill has been introduced in the House of Representatives that would level the playing field between brick-and-mortar stores and on-line sellers related to sales tax collection.
Utah Representative Jason Chaffetz (R-UT) introduced the Remote Transaction Parity Act of 2015, HR 2775, in mid-June. He is seeking Congressional co-sponsors as well as overall support. His move is considered to be significant because he is a conservative Republican who realizes that this is not a new tax, but instead a fairness issue related to small business. As of last week, he had 22 Republican and 18 Democrat co-sponsors. The goal is at least 10 more co-sponsors so the House leadership will move on the bill.
Bicycle dealers are urged to contact their members of Congress asking them to both sign on as co-sponsors and support the legislation to finally put an end to a seriously flawed sales tax system that requires retailers with physical stores to collect sales taxes (in states where it is required) while many on-line sellers do not.
Retailers from many industries with brick-and-mortar retailers attended a recent lobbying event Continue reading “New Congressional Bill Tackles Sales Tax Reform”