Retailers, Platforms Seek Sales-Tax Exemptions to Bolster Resale Market
A coalition of global fashion brands and digital marketplaces is mounting a campaign to eliminate sales taxes on secondhand clothing, according to a report June 30 from Retail Brew . The group argues that taxing items at the point of resale constitutes “double taxation,” as the government already collected sales tax when the garments were originally sold as new. The initiative, spearheaded by the U.K.-based Ellen MacArthur Foundation , includes major industry players such as H&M, Primark, Lacost