Dive Summary:
- The Marketplace Fairness Act of 2013 has passed in the U.S. Senate and now moves on to the House where it is expected to encounter stiff challenges,
- “Retailers compete for customers on many different levels, distribution channels and fronts, including service and selection, but they cannot compete on sales tax. Retailers of all shapes, sizes and channels deserve a level playing field,” said Steve Sadove, NRF board chairman.
- Large retailers like Best Buy, Bed, Bath & Beyond and office supply chains are expected to potentially benefit the most from the bill if it is passed into law.
From the article:
“The Senate’s overwhelmingly bipartisan passage of this legislation foreshadows the end of the special treatment of big online businesses at the expense of retailers on Main Street,” said Bill Hughes, RILA’s senior vice president for government affairs. “