The National Grocers Association (NGA), the trade association representing the independent supermarket industry, released a statement from NGA President and CEO Greg Ferrara on the U.S. Senate including a fix to the retail glitch—a drafting error in the Tax Cuts and Jobs Act (TCJA) of 2017 that harms retailers—in the Coronavirus Aid, Relief and Economic […]
Tag: Tax Cuts and Jobs Act
Posted inNational, Association News
NGA, FMI Disappointed About Exclusion Of Fix To Retail Glitch
Legislation to fund the federal government beyond December 20 came to a conclusion on Dec. 17 when the U.S. House of Representatives voted on a set of tax provisions in the Omnibus Appropriations package and missed a chance to fix a technical error in the Tax Cuts and Jobs Act, also known as “the retail glitch.” […]