The BAT Is Dead, Long Live Tax Reform
On July 27, the Congressional and administration leaders responsible for crafting the top level principles that will guide tax reform this fall announced that they will not include the TGA-opposed Border Adjustment Tax (BAT) in any tax plan moving forward. This announcement could not have happened without the efforts of many of you, so thank you. TGA will now work with Congress and the Trump administration on permanent tax reform that simplifies the tax code, lowers burdens for U.S. travel goods companies, supports U.S. jobs, grows the economy, and makes our nation more globally competitive. If health care is any indication, the tax reform talks will be difficult and complicated, and a final tax reform package that can pass Congress and be signed into law by the President is by no means assured. TGA will provide updates as tax reform moves forward.
More California Proposition 65 Notices Issued
New “60-day” notices have been issued alleging that brands and retailers sold handbags (Notice 1, Notice 2), travel bags, and wallets in California that contained di (2-ethylhexyl) phthalate (DEHP) and di-isononyl phthalate (DINP) in violation of a California law known as Proposition 65 (Prop 65). The notices serve as intent to bring lawsuits against the recipients that sold these products. For more information on Prop 65, please go to the Prop 65 page on the TGA website or contact TGA’s Nate Herman, firstname.lastname@example.org, 202-853-9351.
ICYMI – TGA Applauds GSP Travel Goods Decision
As of July 1, thanks to a five-year-long effort by TGA and others, President Trump proclaimed that U.S. travel goods imports from all GSP-eligible countries (see page 12), including the Philippines, Thailand, India, Pakistan, Cambodia, and Sri Lanka (but NOT China or Vietnam), are now duty-free under the U.S. Generalized System of Preferences (GSP) program. Please contact TGA’s Nate Herman at 202-853-9351 or email@example.com if you have questions or would like additional information.