>>
Home / Knowledge / News / Apparel/Garments / 'Sales tax on e-tailers may balance US apparel businesses'
'Sales tax on e-tailers may balance US apparel businesses'
31
May '13
As the US Senate has passed the Marketplace Fairness Act on e-commerce retailers earlier this month, the brick and mortar apparel retailers are expecting a relief from the increasing competition with online retailers since the act will balance the apparel business.
 
Currently, only companies with brick-and-mortar stores in the US have to pay online sales tax. However, retailers with physical presence would not immediately get “a level-playing field” with Internet retailers, as the bill would now be sent to the House of Representatives.
 
In a conversation with fibre2fashion, vice-president of American Apparel and Footwear Association (AAFA), Mr. Steve Lamar said, “The US apparel and footwear industry stretches across the brick and mortar as well as online realms, with an undeniably increasing shift to e-commerce. As this shift continues to accelerate, it is important that everyone is receiving the same taxation treatment—to do otherwise is to essentially pick winners and losers.”
 
“The Marketplace Fairness Act updates and simplifies state sales taxation processes. If a state agrees to streamline their sales taxation framework, apparel and footwear Internet retailers would collect the same sales tax as their brick-and-mortar counterparts, and everyone would be participating in the same level-playing field,” he mentions.
 
According to him, a small business exemption contained in the Act ensures that small-time Internet retailers of clothing and shoes with less than US$ 1million in annual revenue would not be affected by any collection requirements.
 
With the implementation of the Act, the new law would make online retailers like Amazon, eBay and others to pay sales tax, even in those states where they do not have offices or distribution centres, thus ensuring a level-playing field with normal retail stores that have to pay sales tax.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 20th May 2022

China reiterates call for tariffs cut after US official’s statement

After US treasury secretary Janet Yellen called for tariffs cuts on...

Pic: Shutterstock

Textiles | On 20th May 2022

World economy projected to grow by 3.1% in 2022: UN

The world economy is projected to grow by 3.1 per cent in 2022,...

Pic: Shutterstock

Textiles | On 20th May 2022

Lowering logistics costs key to Vietnam’s export competitiveness

Reducing logistics costs is crucial to raising competitiveness of...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Manuel Martos,

Manuel Martos

Nextil Group is one of the world’s largest knitted and elastic fashion...

Melissa McDermott,

Melissa McDermott

<span style="font-size: 12px;">Blue Bite was created to deliver the best...

Dr. A Sakthivel,

Dr. A Sakthivel

Incorporated in 1978, the Apparel Export Promotion Council (AEPC) is the...

Claudio Fracasso, FARÈ

Claudio Fracasso
FARÈ

Since 1970, Italy-based company FARÈ has been designing and manufacturing...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Meghana Goyal, Label - Summer Somewhere

Meghana Goyal
Label - Summer Somewhere

Summer Somewhere is a conscious clothing brand designed for every girl in...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Newtech Textile Technology Development (Shanghai) Company Limited
Applied DNA Sciences Inc
Grasim Industries Limited
VNU Exhibitions Asia
Nihalani Events Management
Recron Polyester from Reliance Industries Limited
Decathlon
Performance Days
LC Waikiki
Color Service s.r.l.
MAS Active / MAS Kreeda / MAS Bodyline
Pt. Peraga Nusantara Jaya Sakti
Kern – Liebers Textile
Woolmark Services India Pvt. Ltd.
Messe Frankfurt Exhibition GmbH
Indofil Industries Limited - Specialty & Performance Chemicals Division
Nandan Denim Limited
Tory Burch Hong Kong Ltd
Page Industries Limited (Bangalore)
Sportswear Company Spa
Zünd Systemtechnik AG
Etam Group Strategy Hong Kong Limited
DyStar India Pvt. Ltd
Puma
Green Fibre
Sportmaster Ltd.
Sateri (Jiujiang) Fiber Co.,Ltd
Alix Partners
Splash
GERBER TECHNOLOGY LTD.
DuPont de Nemours, Inc.,
Comasia Limited
GHCL LIMITED
BTSR International S.P.A.
Babyshop
Saurer Textile Solutions Pvt. Ltd.
Flainox S.r.l.
GIOVANNI BOZZETTO S.p.A.
Messe Duesseldorf
The Top Form Brassiere Manufacturing Company Limited
Hela Clothing Pvt Ltd
Benetton Group
Bluesign Technologies Ag
Asos
USTER
T.T. Limited
Target Corporation (MN)
Sainsbury's Argos Asia Limited
Tuyap Tum Fuarcilik Yapim A.S.
Lisa S.P.A.
Amazon China
Zydex Industries
TEXVALLEY MARKET LIMITED
Aleph Srl
International Textile Manufacturers Federation
Tchibo GmbH
Savio Macchine Tessili S.P.A.
Officina Meccanica Dora Enrico Srl
Datacolor AG Europe
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Abit
UBM China (Shanghai)
KIABI
Aquarelle Clothing Limited
Gatsby Africa
Chico’ FAS
Stahl Holdings B.V.,
OVS Hong Kong Sourcing Ltd.
IDH – The Sustainable Trade Initiative
Loris Bellini S.r.l.
Truetzschler India Private Limited
ITMA Services Pte Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
H;&M Hennes ;& Mauritz (Far East) Ltd
Meera Dyestuff Industries
Datatex Consulting Srl
Midas Clothing Limited
Jindal Worldwide Limited
Groz-Beckert East Asia LLP
Guess Europe Sagl,
Weitmann & Konrad GmbH & Co. KG
Gokaldas Exports Limited
The LYCRA Company Singapore  Pte. Ltd
Istanbul Fuarcilik A.S.
BRINKMANN GMBH
Xtema - Thomas Lebherz Textilmaschinen
NV Michel Van de Wiele
Seasalt Limited
Esprit Europe Services GmbH
EPCH
X-Rite Asia Pacific Limited (HK)
Tradewind International Servicing
IFF Media Ag - International Media Services
APLF Limited
Phong Phu international JSC (PPJ)
Eastman Chemical Company
Boardriders Asia Sourcing Limited
Lottmann Communications
CGS Inc.
Bluestem Global Sourcing Limited
Italian Trade Commission
Recron Polyester from Reliance Industries Limited
Lacoste (Wanchai)
Eurofins BLC Leather Technology Centre Ltd
The LYCRA Company Singapore  Pte. Ltd
FESPA (Reigate)
ZAITEX spa
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Kornit Digital Asia Pacific Ltd
COTTON COUNCIL INTERNATIONAL
Desigual - ABASIC, S.A.
H. Stoll AG & Company KG
Helly Hansen Far East Ltd
JES MEDIA, INC
Restoque S.A.
KAS Direct Sourcing
Inter Expo Center Ltd.
TESTEX AG, Swiss Textile Testing Institute
Gap International Sourcing Limited
Under Armour Global Sourcing Ltd
China World International Exhibition Company Limited
Rayonese Textile Inc., Division de Culp Inc.
Lenzing Aktiengesellschaft - India
Vardhman Textile Ltd
Mesdan SPA
Tommy Hilfiger
SYNERGIES HONG KONG LIMITED
Varner AS Retail
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Infor (Hong Kong) Limited
Haelixa AG
Lectra Technologies India Pvt Ltd.
Lifestyle
Huntsman (Singapore) Pte Ltd
G-Star Raw C.V.
International Sourcing Expo Australia
PVH Corporation
Calvin Klein
Copenhagen Fashion Summit
Brandix Lanka Limited
Mayer & Cie. GmbH & Co. KG
Groz-Beckert KG
G.A.S. unternehmenskommunikation gmbh
Rieter India Private Limited
TÜYAP IHTISAS FUARLARI A.S.
Walmart
NITI Aayog
Colours India Inc
Shima Seiki Mfg. Ltd.
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Thermore (Far East) Ltd.
BIMBA ;& LOLA SL
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Alison Hayes Romania
BTC Textiles LLC
SHAHI Exports Pvt Ltd
Cat Tuong Real Estate Group Joint Stock Company
BIANCA
Hirdaramani International Export Private Limited
Thai Trade Center
Centric Software
Itema Weaving (India) Private Limited
Permoda(Koaj/Armi/Pronto/Bkul)
K AND D ITMACH EXPOSITIONS LLP
Gloria Jeans
Dow Silicones Corporation
Indo Tex
Jiangsu Yingyang Nonwoven Machinery Company Limited
EMBEE CORPORATION
Karl Mayer Textilmaschinenfabrik GmbH
IKEA of Sweden AB
Equinox Impex India
TESCO INTERNATIONAL SOURCING LIMITED
Rosset ;& Cia Limited
Lululemon Athletica Inc
Landmark Group
CSGIA(China Screen Printing & Graphic Imaging Association)
Chori Company Limited
Taiwan Textile Federation (TTF)
EUROVET ASIA LTD
Thai Acrylic Fibre Company Limited
Maceton Limited
Palexpo SA
FULGAR SpA
Aramark Uniform ;& Career Apparel, LLC
Arvind Limited
Vianney Textil Hogar S.A. De C.V.
Brückner Trockentechnik GmbH & Co. KG
Marzoli Machines Textile s.r.l.
IIGM Private Limited
Lenzing Aktiengesellschaft
C;&A Sourcing International Ltd
Reiter India Private Limited
Coats Digital Limited
N9 World Technologies Private Limited
J ;& P Coats
John Varvatos
Shanghai  Aige Exhibition Service Co., Ltd

May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search