NRF pushes for tax fairness in customs bill

The National Retail Federation is leading a group of retailers that want lawmakers to reject a customs bill unless it includes a change to online taxes. Currently e-commerce has an advantage, and the NRF wants to ensure the same tax policies are applied to the Internet as they are to brick-and-mortar retailers.

"As more and more Main Street retailers close their doors because they cannot compete, it is time for Congress to remove the sales tax advantage for Internet sellers that is harming our communities," David French, NRF's senior VP, wrote in a letter sent to Congress, reported The Hill. "We need a level playing field so retailers can compete without the government advantaging one sector of the industry over the other."

More consumers shopped online than in physical stores over the Black Friday/Cyber Monday weekend—103 million consumers shopped online, versus 102 million in stores—signifying the shifting retail environment.

The measure in Congress also makes permanent a federal ban on Internet access taxes, which expired last week.

The U.S. Chamber of Commerce and the National Association of Manufacturers are also in support to the long-awaited customs measure.

For more:
-Read this The Hill article

Related stories:
Mobile accounts for more than 50% of Black Friday traffic
23% of shoppers by on mobile in stores
51% of holiday shoppers will buy on Amazon
Amazon captured 35% of Black Friday sales
Cyber Monday heaviest online sales day in U.S. history

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