Friday, June 21, 2013

Best Reading of the Day - Entry 0002 The Marketplace Fairness Act

The legislation working its way through Congress certainly has many people watching and waiting, and a little company called Amazon.com is no small player in that group.

It appears that after working state by state for the last 10 years or so on taxes for its distribution centers and sales Amazon.com views this legislation as the final ruling it has been waiting for.  No more questions, no more negotiating state by state, this will be the law of the land and anything Amazon.com has been holding off of will finally have a clear direction and a clear understanding of viability.

Will the law pass?  What will it look like?  What impact will it have on retail both traditional B&M and eCommerce?

Here is just a bit from the article:

...Daryl Logullo, director of ecommerce for Kellyco Metal Detectors said that the Marketplace Fairness Act is going to face a big challenge especially when it gets to the House of Representatives.
“Some people would argue that it is unconstitutional because it’s a tax issue across multiple states,” said Logullo.
Logullo said he thought it would over-complicate things for retailers online, creating mass chaos and confusion.
“I’d be surprised if it does get through and becomes law,” said Logullo.
Logullo said if it does go into effect, it’s going to ask retailers to take a hard look at their pricing structure.  He added that constitutionally, the Marketplace Fairness Act is questionable.
“We’re kind of waiting to see what happens,” said Logullo.
And the entire article:
http://multichannelmerchant.com/retail/retailers-open-up-about-the-marketplace-fairness-act-21062013/

Hope you have a fine summer weekend.

Regards,

J.W. Gant

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