Tax Committee
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Overview
RILA’s Tax Committee is composed of tax executives of varying levels that focus on federal legislative and regulatory tax issues impacting leading retailers. In order to provide input, feedback, and leadership on the tax issues of the day, the RILA Tax Committee works with the Internal Revenue Service, the Treasury Department, and the tax-writing Committees of Congress on a routine basis.
In 2017, the Committee was actively engaged in defeating the border adjustable tax (BAT) that would have been devastating to the retail sector and was instrumental in helping achieve the retail industry’s long-standing goal of significantly reducing the corporate tax rate from 35 to 21 percent.
The Committee continues to be engaged in regulatory and technical corrections issues related to the implementation of tax reform.
Tax executives participating on the Tax Committee benefit from:
- Building relationships with other leaders of the industry
- Forums where members can discuss operational practices and concerns, and pragmatic solutions to challenges
- The opportunity via in-person meetings and monthly conference calls to identify and respond to the challenges posed by tax legislation and regulation
The RILA Tax Committee meets biannually for a spring and fall committee meeting. We are currently in the process of confirming a date for the 2019 fall meeting. Information from the 2019 spring meeting can be found below.
If you are interested in more information about the Tax Committee, please contact Dave Koenig, vice president, tax at david.koenig@rila.org.
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