Today, the U.S. Supreme Court issued a landmark decision in the state and local tax world which overturns precedent going back to 1992. The decision, South Dakota v. Wayfair, No.17-494 (June 21, 2018), means that state and local taxing jurisdictions throughout the country can now compel online sellers to collect sales tax for sales made to customers in that particular state or local jurisdiction, even if the seller does not have a presence there. Continue Reading U.S. Supreme Court Overturns Quill: Online Sellers Can Now be Compelled to Collect Sales Tax

On December 8 approximately 50 ICSC members attended an ICSC PAC reception at the offices of Sills Cummis & Gross at Rockefeller Center in New York City. The special guest of the evening was Congressman Joseph Crowley (D-NY), who spent the evening discussing issues facing the shopping center industry with members. The event was co-chaired by David LaRue (President & CEO of Forest City Enterprises), Adam Ifshin (President & CEO of DLC Management Corp.), and ICSC PAC Co-Chairmen, Gary Rappaport (President/CEO of The Rappaport Companies) and Brad Hutensky (Partner, Hutensky Capital Partners).  The Host Committee included Ted Zangari, Co-Chair of the Real Estate Department at Sills Cummis & Gross), who serves as North American Chair of ICSC’s Government Relations Advisory Committee, and fellow Real Estate Department Co-Chair Jeffrey Newman.Continue Reading “Top of the Rock” Holiday ICSC PAC Reception