Jun 18, 2015

JA Welcomes Introduction of Sales Tax Fairness Bill in the US House of Representatives

Jewelers of America (JA), the national US trade association for businesses serving the fine jewellery marketplace, put out a statement expressing its appreciation for Congressman Jason Chaffetz’s introduction of the Remote Transactions Parity Act (RTPA) in the U.S. House of Representatives. It said it “supports ongoing bipartisan efforts in the House and Senate to pass e-fairness legislation”.

The introduction came even as “representatives of JA headed to Washington D.C to discuss sales tax fairness and other key issues with lawmakers during the JA Political Action Committee (JAPAC) annual Capitol Hill fly-in”, the organisation said. 

The JA, which has spearheaded the fight for sales tax fairness in the jewellery industry, said that the legislation, if passed “would close an Internet sales tax loophole that has hurt traditional jewellery businesses”. 

“Like the Marketplace Fairness Act (MFA), introduced by the Senate in March, the RTPA would give states the option to require the collection of sales and use taxes already owed under state law by out-of-state businesses, rather than rely on consumers to remit those taxes to the states,” JA explained. “Currently, brick-and-mortar businesses collect sales and use taxes from customers who make purchases in their stores, but many online and remote retailers do not. If passed by both chambers of Congress and enacted into law, the measure would give states the option to require the collection of these taxes by out-of-state sellers if the state simplifies their sales and use tax systems.”

JA's president and CEO, David J. Bonaparte, commented, “The introduction of sales tax fairness legislation in the House is a key moment in the fight to level the playing field for brick-and-mortar jewellers. We applaud the leadership shown by Rep. Jason Chaffetz and his colleagues in getting the bipartisan support needed to introduce this critical legislation.”