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Organized Retail Crime
The Organized Retail Crime Act of 2009 introduced by Representative Brad Ellsworth (D-Indiana) would amend title 18, United States Code, to combat, deter, and punish individuals and enterprises engaged nationally and internationally in organized crime involving theft and interstate fencing of stolen retail merchandise, and for other purposes.
The Combating Organized Retail Crime Act of 2009 is a bill introduced by Senator Richard Durbin (D-Illinois) to combat organized crime involving the illegal acquisition of retail goods for the purpose of selling those illegally obtained goods through physical and online retail marketplaces.
Pharmacy
Taxes
Approximately 60% of the Texas state budget is funded by sales taxes. Retailers collect (from the customer) and remit (to the Comptroller) the lion's share of that money. It is imperative for retailers to be knowledgable of all laws and regulations related to the handling of sales tax. Taxation is one of the major legislative and regulatory focuses of the Association. Our tax committee is comprise of retail tax executives, retail store owners and government affairs representatives alike. If you would like to serve on the TRA Tax Committee, please contact Ronnie Volkening at rvolkening@txretailers.org.
Under the direction of our Tax Committee, TRA works closely with the Comptroller to craft regulations that are clear and concise to reduce compliance errors. Below are some links to assist retailers in complying with sales tax laws:
General Sales Tax Information
IRS Tax Center - Links to information for businesses including a start up
checklist, tax filing and resources for small operations
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