St. Louis, MO (PRWEB) September 26, 2013
National Association of Electrical Distributors (NAED) applauds House Committee on the Judiciary Chairman Bob Goodlatte (R-VA6) on his commitment to achieving fairness for brick-and-mortar businesses in online sales taxes.
Goodlatte released a set of “principles” well aligned with NAED’s principles for collecting sales tax from remote sellers as part of the Marketplace Fairness Act, which was introduced earlier this year.
“Chairman Goodlatte has outlined principles our members can certainly support in the Marketplace Fairness Act,” said NAED President Tom Naber. “Our members’ top priority for this bill is very simple: eliminate the existing unfair advantage online sellers can leverage by not collecting legally-owed sales tax at the time of the sale. We’re certainly flexible on how we get there.”
The need for e-fairness was an important topic at NAED members’ meetings on Capitol Hill at the NAED Congressional Fly-In on September 11.
“Our members pushed hard for support of the Marketplace Fairness Act last week in D.C.,” said NAED Chair Sandy Rosecrans. “It’s good to see that our efforts and the efforts of our Coalition partners are making a difference. We applaud the work of Chairman Goodlatte and Congressman Steve Womack on this issue and strongly urge the House to mark up a bill and keep the process moving.”
The Senate passed its version of the bill, S. 743, in May. Once the House passes its version, the two houses will need to reconcile differences in their bills before sending a compromise to the president for his signature.
The principles released by the House Judiciary Committee can be found here.
The NAED is the trade association for the $70+ billion electrical distribution industry. Through networking, education, research, and benchmarking, NAED helps electrical distributors increase profitability and improve the channel. The NAED’s membership operates in approximately 4,400 locations internationally.