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NRF backs expanded Internet sales tax
The National Retail Federation (NRF) is publicly supporting what it calls “e-fairness” legislation that would extend the reach of state sales taxes to online transactions.
Under present regulations, a state can only charge a sales tax on an Internet sale conducted by an entity that has some type of physical presence in that state.
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NRF issues optimistic forecast for 2016 retail sales growth
Retail industry sales will grow an estimated 3.1% in 2016, outpacing the 10 year industry average, as economic headwinds diminish, according to a forecast released by the National Retail Federation.
The NRF sales forecast of 3.1% excludes automobiles, gas stations and restaurants and exceeds the 10 year growth rate of 2.7%. Non-store retail sales are forecast to growth between 6% and 9%.

