Tax

News & Analysis

US Retailers Boost Lobbying Spend Amid Border-Tax Battle

21 April 2017 • By Bloomberg

21 April 2017 • By Bloomberg

Target, Best Buy and Gap almost quadrupled their combined spending on lobbying in Washington as they work to defeat a corporate-tax proposal that some have said threatens their industry.

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News & Analysis

US Retailers Boost Lobbying Spend Amid Border-Tax Battle

Target, Best Buy and Gap almost quadrupled their combined spending on lobbying in Washington as they work to defeat a corporate-tax proposal that some have said threatens their industry.

News & Analysis

Why Vetements is Moving to Zürich

17 March 2017 • By Chantal Fernandez

17 March 2017 • By Chantal Fernandez

The cult fashion collective is leaving Paris for a ‘clean slate’ — and a favourable tax regime — in Switzerland’s largest city.

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Why Vetements is Moving to Zürich

The cult fashion collective is leaving Paris for a ‘clean slate’ — and a favourable tax regime — in Switzerland’s largest city.

A Swinging Birkin Bag Can Swat Away US Border Tax Plan

17 February 2017 • By Bloomberg Gadfly

17 February 2017 • By Bloomberg Gadfly

The mooted US Border Adjustment Tax would penalise companies that manufacture overseas and is intended to promote American jobs.

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A Swinging Birkin Bag Can Swat Away US Border Tax Plan

The mooted US Border Adjustment Tax would penalise companies that manufacture overseas and is intended to promote American jobs.

News & Analysis

Trump Tells Retail Executives Tax Overhaul Plan Is Coming Soon

15 February 2017 • By Bloomberg

15 February 2017 • By Bloomberg

The proposed overhaul of the corporate tax code would reward companies that sell products outside the US while punishing ones that rely on low-cost overseas suppliers.

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Trump Tells Retail Executives Tax Overhaul Plan Is Coming Soon

The proposed overhaul of the corporate tax code would reward companies that sell products outside the US while punishing ones that rely on low-cost overseas suppliers.

News & Analysis

Report: Retail CEOs Head to Washington to Try to Kill US Border Tax

14 February 2017 • By Reuters

14 February 2017 • By Reuters

Their input has more urgency as US President Donald Trump is finalising his own tax plan that he plans to unveil in the coming weeks.

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Report: Retail CEOs Head to Washington to Try to Kill US Border Tax

Their input has more urgency as US President Donald Trump is finalising his own tax plan that he plans to unveil in the coming weeks.

The Real Dangers of Border Adjusted Tax for Fashion

8 February 2017 • By Edwin Jiang

8 February 2017 • By Edwin Jiang

The proposed reforms could cripple any American fashion brand reliant upon importing goods and services from abroad.

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The Real Dangers of Border Adjusted Tax for Fashion

The proposed reforms could cripple any American fashion brand reliant upon importing goods and services from abroad.

News & Analysis

Italian Fashion Industry Hopes to Avert Additional US Tax

7 February 2017 • By Associated Press

7 February 2017 • By Associated Press

Carlo Capasa said that Italian luxury imports to the United States are currently taxed at an average rate of 20 percent.

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Italian Fashion Industry Hopes to Avert Additional US Tax

Carlo Capasa said that Italian luxury imports to the United States are currently taxed at an average rate of 20 percent.

News & Analysis

Ferragamo Undeterred by US Import Tax Proposal

3 February 2017 • By Associated Press

3 February 2017 • By Associated Press

Ferragamo chief executive Eraldo Poletti said any tax on imports, as floated by President Donald Trump, could be balanced by other factors, including currency fluctuations.

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Ferragamo Undeterred by US Import Tax Proposal

Ferragamo chief executive Eraldo Poletti said any tax on imports, as floated by President Donald Trump, could be balanced by other factors, including currency fluctuations.

News & Analysis

Amazon to Start Collecting State Sales Tax in Oklahoma

2 February 2017 • By Associated Press

2 February 2017 • By Associated Press

The e-commerce giant has been slow in collecting sales taxes in small and sparsely populated states where it doesn't have any distribution centers or corporate offices.

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Amazon to Start Collecting State Sales Tax in Oklahoma

The e-commerce giant has been slow in collecting sales taxes in small and sparsely populated states where it doesn't have any distribution centers or corporate offices.

News & Analysis

In US, Retailers Up Fight Against Republican Tax Proposal

1 February 2017 • By Associated Press

1 February 2017 • By Associated Press

More than 100 companies including LVMH, Nike and Target, as well as the National Retail Federation, are launching a new coalition to fight a Republican Party proposal on how imports to the US get taxed.

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In US, Retailers Up Fight Against Republican Tax Proposal

More than 100 companies including LVMH, Nike and Target, as well as the National Retail Federation, are launching a new coalition to fight a Republican Party proposal on how imports to the US get taxed.