RETAIL’S BIG ISSUES COMPREHENSIVE TAX REFORM Retailers benefit from few of the tax credits and deductions that ease other industries’ tax burdens. NRF supports efforts to “broaden the base” by eliminating such provisions and using the revenue that would be generated to lower tax rates for all businesses. Doing so would make U.S. businesses more competitive and help create U.S. jobs. http://www.retailmeansjobs.com/taxreform CREDIT AND DEBIT CARD SECURITY NRF is leading the retail industry’s efforts to block criminal attacks in which consumers’ credit and debit card numbers are stolen in order to commit fraud. NRF is asking banks to require use of a Personal Identification Number with new chip-based cards that will be issued soon, saying a signature is no longer sufficient to authenticate that a card is being used by the actual owner. Beyond PIN and Chip, NRF is seeking federal legislation making it easier to share information about data crimes to ensure that they are thoroughly investigated and prosecuted, and passage of a uniform federal data breach notification law. http://www.retailmeansjobs.com/datasecurity SALES TAX FAIRNESS NRF has led the fight for a level playing field where all retailers operate by the same tax rules. Legislation that would allow states to require online sellers to collect sales tax the same as local stores passed the Senate in 2013 after more than a decade of lobbying led by NRF. NRF is now working to move similar legislation through the House and get it to President Obama for his signature. www.retailmeansjobs.com/salestaxfairness HEALTH CARE REFORM NRF has helped convince the Obama Administration to delay the implementation of the “employer mandate” requirements of the Affordable Care Act until 2015. In the meantime, NRF is seeking passage of legislation that would define “full-time” as 40 hours a week rather than the current 30-hour threshold for ACA requirements. http://www.retailmeansjobs.com/healthcare PATENT ABUSE NRF believes retailers should be protected against frivolous lawsuits brought by “patent trolls.” NRF helped win passage of a patent reform bill in the House and is seeking stronger provisions in the Senate before legislation is made final. http://www.retailmeansjobs.com/patentlawsuits LABOR REGULATIONS NRF is working to block a renewed National Labor Relations Board proposal that would allow union organizing elections to be held in less than two weeks after a petition is filed. The “ambush” election would let unions quietly lobby workers for months or longer while giving employers little time to respond. www.retailmeansjobs.com/cardcheck IMMIGRATION Many aspects of immigration reform would affect retailers, including proposed new requirements for how employers verify the legal status of employees and the ability to obtain visas for guest workers and high-tech workers. NRF supports practical, comprehensive immigration reform that addresses the needs of both employers and today’s transient workforce. www.retailmeansjobs.com/immigration
Transcript
RETAIL’S BIG ISSUES
COMPREHENSIVE TAX REFORM
Retailers benefit from few of the tax credits and
deductions that ease other industries’ tax burdens.
NRF supports efforts to “broaden the base” by
eliminating such provisions and using the revenue
that would be generated to lower tax rates for all
businesses. Doing so would make U.S. businesses
more competitive and help create U.S. jobs. http://www.retailmeansjobs.com/taxreform
CREDIT AND DEBIT CARD SECURITY
NRF is leading the retail industry’s efforts to block
criminal attacks in which consumers’ credit and debit
card numbers are stolen in order to commit fraud.
NRF is asking banks to require use of a Personal
Identification Number with new chip-based cards that
will be issued soon, saying a signature is no longer
sufficient to authenticate that a card is being used by
the actual owner. Beyond PIN and Chip, NRF is
seeking federal legislation making it easier to share
information about data crimes to ensure that they are
thoroughly investigated and prosecuted, and passage
of a uniform federal data breach notification law.
http://www.retailmeansjobs.com/datasecurity
SALES TAX FAIRNESS
NRF has led the fight for a level playing field where all
retailers operate by the same tax rules. Legislation
that would allow states to require online sellers to
collect sales tax the same as local stores passed the
Senate in 2013 after more than a decade of lobbying
led by NRF. NRF is now working to move similar
legislation through the House and get it to President
Obama for his signature.
www.retailmeansjobs.com/salestaxfairness
HEALTH CARE REFORM
NRF has helped convince the Obama Administration
to delay the implementation of the “employer
mandate” requirements of the Affordable Care Act
until 2015. In the meantime, NRF is seeking
passage of legislation that would define “full-time” as
40 hours a week rather than the current 30-hour
threshold for ACA requirements.
http://www.retailmeansjobs.com/healthcare
PATENT ABUSE
NRF believes retailers should be protected against
frivolous lawsuits brought by “patent trolls.” NRF
helped win passage of a patent reform bill in the
House and is seeking stronger provisions in the
Senate before legislation is made final.
http://www.retailmeansjobs.com/patentlawsuits
LABOR REGULATIONS
NRF is working to block a renewed National Labor
Relations Board proposal that would allow union
organizing elections to be held in less than two weeks
after a petition is filed. The “ambush” election would
let unions quietly lobby workers for months or longer
while giving employers little time to respond.
www.retailmeansjobs.com/cardcheck
IMMIGRATION
Many aspects of immigration reform would affect
retailers, including proposed new requirements for
how employers verify the legal status of employees
and the ability to obtain visas for guest workers and
high-tech workers. NRF supports practical,
comprehensive immigration reform that addresses the
____________________________________________________________________________________________ COMPANY ____________________________________________________________________________________________ PARENT COMPANY (IF APPLICABLE)
____________________________________________________________________________________________ NUMBER OF RETAIL UNITS
____________________________________________________________________________________________ ANNUAL SALES VOLUME ____________________________________________________________________________________________ CONTACT NAME JOB TITLE ____________________________________________________________________________________________ SIGNATURE DATE
METHOD OF PAYMENT (NRF EIN# 13-5582627)
□ CHECK ENCLOSED
□ VISA □ DINERS CLUB □ MASTERCARD
□ DISCOVER □ CARTE BLANCHE □ AMERICAN EXPRESS
____________________________________________________________________________________________ CREDIT CARD NUMBER EXPIRATION DATE ____________________________________________________________________________________________ CREDIT CARD BILLING ADDRESS ____________________________________________________________________________________________ CITY STATE ZIP CODE ____________________________________________________________________________________________ CARDHOLDER’S NAME (PLEASE PRINT) ____________________________________________________________________________________________ SIGNATURE
Companies principally engaged in retailing are eligible for membership in the Federation. Under NRF’s bylaws, each member must pay dues based on total annual sales volume as reported in the most recent fiscal year. Total Sales must include sales received from all retail operations including stores, catalogs, online stores and franchise fees. Dues are payable in advance (in U.S. currency). NRF dues are not deductible as charitable contributions for U.S. federal income tax purposes; however, a portion of your dues may be deductible for NRF members as an “ordinary and necessary” business expense.
RETAIL MEMBERSHIP DUES:
COMPANIES THAT FOCUS ON THE SALE OF CONSUMER PRODUCTS AND/OR SERVICES TO THE
PUBLIC WITH RETAIL OPERATIONS LOCATED WITHIN THE UNITED STATES.
UNDER NRF’S BYLAWS, EACH MEMBER MUST PAY DUES BASED ON TOTAL SALES VOLUME AS
REPORTED IN THE MOST RECENT FISCAL YEAR.
1 up to$1,000,000 $175
2 $1,000,001 to $2,000,000 $232
3 $2,000,001 to $4,000,000 $351
4 $4,000,001 to $6,000,000 $470
5 $6,000,001 to $8,000,000 $589
6 $8,000,001 to $10,000,000 $708
7 $10,000,001 to $15,000,000 $946
8 $15,000,001 to $20,000,000 $1,184
9 $20,000,001 to $25,000,000 $1,422
10 $25,000,001 to $30,000,000 $1,541
11 $30,000,001 to $35,000,000 $1,660
12 $35,000,001 to $50,000,000 $1,779
13 $50,000,001 to $60,000,000 $2,017
14 $60,000,001 to $70,000,000 $2,374
15 $70,000,001 to $80,000,000 $2,612
16 $80,000,001 to $100,000,000 $2,970
17 $100,000,001 and up (see below)
RETAILERS WITH ANNUAL SALES GREATER THAN $100 MILLION:
Ret
ENTER YOUR COMPANY’S
TOTAL ANNUAL SALES:
USE THE FOLLOWING FORMULA TO CALCULATE YOUR ANNUAL DUES: THE FIRST $100 MILLION= $2,970
$11 PER MILLION FOR EACH MILLION OF SALES FROM $101 MILLION UP TO $2 BILLION
$11 X _____ = $______
$4 PER MILLION FOR EACH MILLION OF SALES OVER $2 BILLION UP TO $10 BILLION
$4 X _____ = $______
$1 PER MILLION FOR EACH MILLION OF SALES OVER $10 BILLION UP TO $20 BILLION
$1X_____=_______
$.50 PER MILLION FOR EACH MILLION OF SALES OVER $20 BILLION
