Shopping Centers Today

AUG 2018

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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Page 3 of 59 Editor in Chief EDMUND MANDER +1 646 728 3487 EDITORIAL Executive Editor BRANNON BOSWELL +1 646 728 3488 Art Director PENNY BLATT Copy Chief DAVID S. ORTIZ Copy Editor VALERIE DAVID Contributing Editors MARÍA BIRD PICÓ JOE GOSE JOEL GROOVER BEN JOHNSON BETH MATTSON-TEIG MISTY MILIOTO STEVE M c LINDEN REBECCA MEISER ANNA ROBATON SPENCER RUMSEY ADVERTISING & MARKETING MICHAEL BELLI +1 714 313 1942 SHEILA CHARTON +1 646 728 3545 TERRI KELLY +1 781 709 2412 AMIE LEIBOVITZ +1 773 360 1179 SALLY STEPHENSON +1 847 835 1617 Production Manager DA VID STACKHOUSE +1 646 728 3482 ICSC OFFICERS Chair man VALERIE RICHARDSON, CRX, CLS President and CEO TOM M c GEE Vice Chairman DANIEL B. HURWITZ Past Chairman KENNETH F. BERNSTEIN Treasurer STEFAN FREIBERG For article reprints, call (866) 879-9144 or contact S H O P P I N G C E N T E R S T O D A Y SCT (ISSN 0885-9841) is pub lished monthly. VOLUME 39 ISSUE 8 © 2018, International Coun cil of Shop ping Cen - ters, 1221 Avenue of the Americas, New York, NY 10020- 1099; phone, +1 (646) 728 3800; fax, +1 732 694 1730. All rights reserved. Periodicals postage paid at New York, N.Y., and ad di tion al mailing offices. Sub scrip tions $70 per year; Canada and other foreign $99. Single-copy price $10 (May issue $20). For subscription information call +1 727 784 2000. POST MAS TER: Send address changes to Shopping Cen ters Today, 1221 Avenue of the Americas, New York, NY 10020-1099. Publications mail agreement No. 41482022, return undeliverable Canadian addresses to PO Box 503, RPO West Beaver Creek, Richmond Hill ON L4B 4R6. T he U.S. Supreme Court's decision to allow states to require online retailers to collect and remit state taxes is a historic and important victory for our industry and our communities. e ruling is also a victory for free-market principles, because it allows online and offline to compete on a level playing field. e decision helps states, cities and towns collect the revenue required to support schools, emergency services and other critical infrastructure needs. This win is the result of decades of hard work and collaboration by our members and the ICSC team, who have consistently lobbied Congress on a succession of bills. ICSC's Global Public Policy team worked diligently to build a coalition of business groups that included the Retail Industry Leaders Association and the National Retail Federation. Eventually, the Senate passed the Marketplace Fairness Act, in 2013, but the measure died after the House declined to act. Undeterred, e-fairness proponents took up the issue in the courts. ICSC and the industry got behind the South Dakota v. Wayfair Supreme Court case to challenge the 1992 Quill ruling that only those retailers with a physical presence in a state need to collect and remit sales taxes. The court ruled that the state has the right to collect sales taxes regardless of whether retailers have a physical presence there or not. This decision represents a critical turning point in a long process, restor- ing states' rights and allowing them to collect the taxes they depend on. The next step is for states across our nation to follow South Dakota's lead and create formal tax policy that supports fairness, and ICSC will continue to be involved in this process. We will also look for opportunities to partner with our members to ensure everyone's voice is heard throughout this next phase. In the meantime, we are pleased with the High Court's ruling, knowing that the free-market principles that are central to America's economic system can once again be applied fairly to all retailers. Tom McGee ICSC President and CEO A M E S S A G E F R O M T H E P R E S I D E N T Building on the e-fairness victory

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