On February 22, a federal appeals court overturned a lower court ruling that blocked Colorado from enforcing a law requiring out-of-state retailers to report use tax information to consumers and the Colorado Department of Revenue.
At last week’s Winter Institute, Civic Economics and ABA released a groundbreaking new study, “Amazon and Empty Storefronts,” which details the overall negative impact that Amazon has had on Main Street retailers and jobs, and the communities in which they are located, across the country.
A recently updated study by Ohio State University’s Fisher College of Business drives home the point that the competitive advantage Amazon gained from not charging sales tax was as significant as Main Street retailers claimed — if not more so.
A fact sheet released by Advocates for Independent Business and the Institute for Local Self-Reliance provides eye-opening data that reveals how tax incentives and other assistance provided by local governments to Amazon does more harm than good to local economies.
Independent bookstores in the nation’s capital are urging Mayor Muriel Bowser to level the playing field for Main Street retailers by requiring remote sellers such as Amazon to collect and remit sales tax.
Advocates for Independent Business, a coalition of trade associations and other organizations representing locally owned, independent businesses, is cheering a new accounting rule requiring local and state governments to annually disclose the amount of tax breaks they give to corporations in the name of economic development.
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On June 19, Louisiana Gov. Bobby Jindal vetoed a bill that would have leveled the playing field for the state’s Main Street retailers. H.B. 555 required remote retailers with a broad network of affiliates in the state to collect and remit sales tax in the state.
On Monday, June 29, at 6:30 p.m. ET, the Alliance for Main Street Fairness, a coalition of small business owners, local retailers, and Main Street supporters, will be hosting a conference call to discuss the Remote Transaction Parity Act.
On Monday, June 15, Reps. Jason Chaffetz (R-UT) and Steve Womack (R-AR) joined with a bipartisan group of legislators to introduce the Remote Transactions Parity Act, a bill that gives states the authority to require remote sellers doing $10 million or more in gross annual receipts to collect and remit sales tax to the states.
On June 8, the U.S. House of Representatives passed the Permanent Internet Tax Freedom Act, a bill that would both permanently prohibit states from taxing access to the Internet and prohibit taxes on bandwidth and e-mail, according to media reports.
The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book retailers, and to assist in expanding the community of the book.
Independent bookstores act as community anchors; they serve a unique role in promoting the open exchange of ideas, enriching the cultural life of communities, and creating economically vibrant neighborhoods.