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Business Honors Program
Innovation and Entrepreneurship

Bob Robicheaux, chair of the Marketing, Industrial Distribution and Economics Department, appeared on FOX 6's Good Day Alabama to discuss the implications of the Marketplace Fairness Act on Alabama coffers (Dr. Robicheaux appears at 1:45 after a news report on the U.S. Senate vote). 

On May 6, the U.S. Senate passed the federal legislation, which would allow states that currently charge sales taxes (like Alabama) to require large online retailers to collect tax on purchases made by their residents. Currently, online retailers are not required to collect the sales tax that is owed. That responsibility is left to the buyer, who is required by state law to track the sales tax from online purchases themselves and remit them with their taxes each year.

The law would only apply to online sellers that have sales of at least $1 million outside of states where they have physical operations, like a store or a warehouse. 

Dr. Robicheaux conducted research in 2012 that calculated the costs to Alabama of not requiring large online retailers to collect tax on Alabama purchases. The research has been cited by Gov. Robert Bently as reason why the act is needed

Latest News

 

Dr. Yates Receives 2017 A.G. Gaston Community Service Award

Stephanie Yates, Ph.D., was honored this week as one of three 2017 A.G. Gaston Community Service Award recipients. Dr. Yates, director of the UAB Collat School of Business’s Regions Institute for Financial Education, was honored at the 13th Annual A.G. Gaston Conference luncheon Wednesday at the BJCC.

Alumnus Names Finance Lab in Collat’s New Building

Senior Vice President and Regional Manager for Capital One Multifamily Finance in Birmingham, Chad Thomas Hagwood, has made a substantial gift to name the Finance Lab in the new Collat School of Business building.

The Chad Thomas Hagwood Finance Lab will serve as a 40-seat, advanced teaching space designed to provide finance and real estate finance students with hands-on experience performing business transactions and valuable business scenarios that reflect the marketplace. The lab will also house the Green and Gold Fund, an award-winning, student-managed investment portfolio.

UAB Graduate Names Classroom to Support Collat School of Business

Ron McAbee grew up watching the hard work his grandfather put into his work as a cotton farmer and the dedication his father put into his work as a battalion chief of the Birmingham Fire Department. Their examples motivated him as he took another path – one not taken before by a member of his family – and became the first person in his family to graduate from college.

Collat Entrepreneur Spotlight: Cookie Creation Turned Business

Everyone can agree that cookies are the universal currency of happiness, but this isn’t your grandmother’s baking. Reagan Lyle, owner of ReaBakes, wants to flip the script on the traditional sugar cookie. And at 24, she’s off to a tasty start.

A recent Collat graduate (MK ’16), Reagan is one of the many Collat entrepreneurs that have used UAB’s cutting-edge education to propel their business forward, marrying in-class education with real-life application.

Management Professor Appointed Interim Chair of MISQ Department

Jack Howard, Ph.D., has been appointed interim chair of the Management, Information Systems and Quantitative Methods department, effective Jan. 1, 2017.


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