US: retailers advocate abrogation of special tax treatments for Alibaba

Tuesday 2 December 2014 13:24 CET | News

A number of US retailers, such as Best Buy, Target or J.C. Penney, warned that the Congress should abrogate special tax regulation that Alibaba Group and other online giants currently benefit from.

The companies, part of the Alliance for Main Street Fairness, claim that, with the current tax regulation, local businesses are at disadvantage, reports.

US retailers and industry analysts expect Alibaba to soon launch a service targeted at local consumers. However, the company has said it remains primarily focused on the Chinese market, from which it gets most of its revenue.

Alibaba sells to US consumers through its global retail service AliExpress.

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Keywords: US, retailer, e-tailer, online sales, storefront sales, Alibaba, tax, treatment, abrogation
Categories: Payments & Commerce
Countries: World
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