Current Version of HR 1956 and S 2721 Hurt Interstate Commerce How you can help prevent unfair Business Taxes Congress is working on legislation (HR 1956 and S 2721) that would establish a clear national standard governing state taxation of businesses operating in interstate commerce. However, the Business Activity Tax Simplification Act, as currently written, contains an onerous provision that creates the very real potential of double taxation. The legislation could create a state and local tax liability for any company that uses the services of a public warehouse for more than 21 days in a year. Therefore, the customer of a public warehouse could become liable for state inventory, franchise and income taxes if its goods are stored in a public warehouse for more than 21 days – even if the company has no business operations or employees in that state. IWLA – The International Warehouse Logistics Association – is working to amend the legislation to avoid this result. Specifically, it is urging that the bill be changed to exempt goods “warehoused in accordance with Article 7 of the UCC for distribution in interstate commerce.” Active involvement by all parties adversely impacted by HR 1956 and S 2721 is urgently needed. Below are links to several documents IWLA has created to help its member companies and others educate and lobby lawmakers about the drawbacks of the bill in its current form and the need for change. For more information, contact IWLA President and CEO Joel Anderson at 847-813-4699 or IWLA’s Washington Counsel Pat O’Connor at 202-223-6222. The Business Activity Tax Simplification Act IWLA Talking Points Write Your Representative and Senators Write Your Customers IWLA Memo (attach to letters sent to Congress) HR 1956 and S 2721: Implications for Product Moving Through the Supply Chain Key Congressional Contacts Read HR 1956 and S 2721