New Government Study Confirms the Need for Congressional Action on Lost Excise Tax Revenue
In response to the U.S. Government Accountability Office’s report, Excise Taxes: Action Needed to Improve Compliance for Sport Fishing and Archery Imports, the American Sportfishing Association’s Vice President of Government Affairs, Mike Leonard, released the following statement:
“The sportfishing industry is thrilled to see the long-awaited GAO study on excise tax slippage resulting from direct-to-consumer sales of foreign manufactured fishing equipment through online marketplace facilitators…However, this system needs to be modernized to capture the growing number of sales through online marketplace facilitators of foreign-manufactured equipment direct to U.S. consumers. We fully agree with GAO’s findings that the solution lies in enactment of legislation that shifts imposition of the tax in these transactions to the online marketplace facilitator, similar to how state sales taxes are collected.”
Click below to read the full statement.
Mid-Year Review: How has Sportfishing Fared in the First Half of 2024?
With the U.S. House of Representatives having already gotten a head start on the August recess, and the Senate scheduled to start its summer break at the end of this week, it’s a perfect moment to reflect on our progress thus far in 2024 and look ahead at what still can be done before the close of the 118th Congress.
Click below to read the full recap on our Sportfishing Advocate Blog.
ASA President Joins Your Saltwater Guide Show
ASA President, Glenn Hughes, joined Captain Dave Hansen on the Your Saltwater Guide Show last week to talk about the current state of the sportfishing industry and ASA’s policy initiatives. Click below to check out the full show.
ICAST Conservation Summit Focuses on Shark Depredation, Offshore Wind
During the annual sportfishing trade show, TRCP moderated two panels to inform attendees about high-profile saltwater fisheries conservation issues. This year, the two panels covered issues of top concern to saltwater anglers: an increase in shark depredation and the expansion of offshore wind farms. Click below to read the highlights from TRCP’s blog.
About
The American Sportfishing Association (ASA) is the sportfishing industry’s trade association committed to representing the interests of the sportfishing and boating industries as well as the entire sportfishing community. We give the industry and anglers a unified voice when emerging laws and policies could significantly affect sportfishing business or sportfishing itself. ASA invests in long-term ventures to ensure the industry will remain strong and prosperous, as well as safeguard and promote the enduring economic, conservation and social values of sportfishing in America. ASA also gives America’s 55 million anglers a voice in policy decisions that affect their ability to sustainably fish on our nation’s waterways through Keep America Fishing, our national angler advocacy campaign. America’s anglers generate nearly $50 billion in retail sales with a $125 billion impact on the nation’s economy creating employment for 800,000 people.
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