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JUNE 21, 2018

States can collect sales taxes from online retailers thanks to a U.S. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. billion in tax revenue in 2017,” according to the report. retail sales.

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SEPTEMBER 3, 2019

A tax dispute between Intel and the Internal Revenue Service could cost large technology companies billions of dollars, according to a report by The Wall Street Journal. billion tax expense due to the case, and Alphabet turned around on a $418 million benefit. Facebook disclosed a $1.1

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APRIL 5, 2018

Filing taxes is hardly a walk in the park. Fortunately, online tax filing solutions have helped cut through the mounds of paperwork that go into preparation and filing — and consumers seem to be rejoicing. percent uptick from the same period in 2017. million individual returns have been filed electronically, a slight 0.7

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FEBRUARY 13, 2019

In addition, taxes generated by the industry grew by nearly 8 percent last year. And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 million in 2018 — up nearly 8 percent from $247 million in 2017. million in 2018 — up nearly 8 percent from $247 million in 2017.

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JULY 19, 2018

In 2017, Americans spent $83.6 billion , it is still a more valuable run of commerce activity than Mother’s Day, Father’s Day, Easter and Valentine’s Day combined — which is why state tax holidays placed at the end of July and beginning of August have become so very popular over the last two decades.

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JUNE 23, 2017

Ant Financial, the financial arm of Alibaba specializing in wealth management, nearly doubled its profit during its 2017 fiscal year in part because of its mobile payments feature. Ant Financial operates Alipay, the popular mobile payments service in China.

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PYMNTS

APRIL 6, 2018

If the deal were to go through, Monex’s chief operating officer, Toshihiko Katsuya, would become the company’s new president. And the jump in bitcoin prices in 2017 has created massive tax liabilities – to the tune of $25 billion, per a research note from Fundstrat Global Advisers , Reuters reported.

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FEBRUARY 21, 2020

She’s alleging the city profited by that same amount selling medallions and by collecting a 5% tax on third-party transfers. A taxicab medallion is a numbered plate required to operate a yellow cab. It also set up an artificial floor for bids and permitted taxicab brokers and large owners to “bid up” medallion prices.

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OCTOBER 14, 2019

In other news, the Marco Polo Network has announced that it has secured its first Russian-German import-export operations financing project. We launched our first distributed ledger technology in trade finance as early as 2017. The Internal Revenue Service (IRS) now has a question on crypto ownership on its 1040 income tax form.

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NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers. And though local U.S.

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PYMNTS

OCTOBER 10, 2018

The application , which was originally filed in September 2017 and was released by the U.S. Patent and Trademark Office last week, describes how a semi-private or private blockchain could be used to receive and store identity data, including a “name, a street address, tax identification number” and more.

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PYMNTS

JANUARY 10, 2019

In addition to the new invoicing feature, the bank noted that it is readying to help small business clients comply with the upcoming “Making Tax Digital” initiative in the U.K., with plans to introduce new tax-related features to its platform “over the coming months.” in early 2018.

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OCTOBER 8, 2019

Cotten didn’t file personal tax returns for 2014, 2015 or 2017 and his 2016 return didn’t report any income from Quadriga, and Robertson’s tax returns from 2015 and 2016 showed income of less than C$60,000 a year, while in 2017 there was income of less than C$5,000 — but none of it from Quadriga.

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FEBRUARY 21, 2019

per share during Q4 2017. Streit also highlighted the firm’s ongoing collaboration with Intuit , with its Turbo Tax solution enabling users to receive tax refunds on a Prepaid Visa Card issued by Green Dot. The stats beat analyst estimates, with the company posting $0.56 per share and up from $0.29

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SEPTEMBER 18, 2018

The federal agency said it shut down websites where consumers could buy “fake financial and other documents – such as pay stubs, income tax forms, and medical statements – which can be used to facilitate identity theft, tax fraud, and other crimes,” according to an FTC statement. Simmons was ordered to pay $15,000.

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Abrigo

JULY 20, 2017

Allaboutrisk.com (AAR) recognizes Sageworks as a credit risk vendor in its 2017 Risk Software Report. Electronic Tax Return Reader (ETRR). Stress Testing By automating business loan operations with the products listed, banks and credit unions are able to make good loans faster and minimize risk. Loan Administration.

Software 150

Software Report United States Compliance 150

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MARCH 17, 2020

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. The law opens up much more territory to these operations, which had only been permitted in areas zoned for industry. and San Francisco. Starting Jan.

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FEBRUARY 2, 2018

Though this earnings run so far has been marked by many firms incurring the wrath of Wall Street — even in the face of putting impressive numbers on the board — Amazon didn’t face that same fate for the ending quarter of 2017. Our 2017 projections for Alexa were very optimistic, and we far exceeded them. years long. billion in 2016.

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SEPTEMBER 13, 2017

. “Because of that complexity, taxes are more complex – it’s a snowball effect. The way taxes are done in the construction industry is different than in other industries.” ” Indeed, the construction industry has dizzying tax rules that don’t apply to other verticals. .”

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AUGUST 20, 2018

Mobile wallets, arguably built to solve problems that few consumers had , are again taking on a common hassle faced by travelers who cross international borders: getting those refunds on local taxes. For the South Korean service, Chinese tourists claim tax refunds via their mobile apps, and can skip tax refund counters altogether.

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Taxes Mobile United States Trends 101

PYMNTS

NOVEMBER 3, 2017

Cardtronics , the world’s largest ATM owner and operator, revealed that it has exceeded earnings expectations for the third quarter of 2017. The company, which is based out of Houston, TX and operates globally, had total revenues of $402 million in the quarter ending September 30, 2017 – a 22 percent increase from $328.3

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JANUARY 14, 2019

The FinTech that sets its sights on Africa must grapple with the vagaries of 54 markets, 54 central banks, disparate tax and legal policies, and changing foreign exchange ( FX ) rates. billion in revenue in 2017, and is forecast to hit $29 billion in 2022, even with a relatively low internet penetration of around 35 percent.

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Mobile social media Taxes Technology 212

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OCTOBER 28, 2019

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .

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Taxes South Dakota Retail Arizona 105

PYMNTS

MARCH 9, 2020

Intuit , the tax software company best known as being the enterprise behind QuickBooks and TurboTax , is looking into acquiring FinTech Finicity , according to reports. The company has a suite of APIs that operate with outfits like Experian and Ellie Mae to help onboard and authenticate customers.

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JULY 17, 2017

Citing an improved traffic and retail shopping trend, retailer Target upped its comparable target sales for Q2 2017. benefit in Target stocks, driven by the net tax effect of the company’s global sourcing operations. of pressure related to the unfavorable resolution of tax matters.

Taxes 102

Taxes Retail Trends Branding 102

Gonzobanker

JANUARY 4, 2018

The card processing landscape experienced significant changes in 2017, and this shift in players will impact financial institutions well into the future. Heloc Tax Deduction Suspension. The suspension of the HELOC tax deduction could have an adverse impact on FIs. The post 2017 Top Reader Picks appeared first on Gonzobanker.

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MARCH 13, 2017

70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Nearly a quarter of small businesses said they still use paper forms when filling out taxes. There are so many options available to small businesses today, the executive added. 37 percent of SMEs in the U.K.

Financial Technology 127

Financial Technology Technology social media Taxes 127

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SEPTEMBER 7, 2016

So goes the recent heated discourse on Go-Ahead , which owns Southern rail operator Govia Thameslink Railway and which has reported a 27 percent increase in profits, reaching £100 million. The pilot will run in 2017 with an aim to secure a nationwide rollout of the technology in 2018. rail system?

Training 100

Training Operations System Mobile 100

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FEBRUARY 8, 2019

7) that adjusted earnings before interest, tax, depreciation and amortization (EBITDA) will grow 10 percent to 15 percent this year, according to Bloomberg. The report also showed that gross bookings at HomeAway grew 15 percent, down from 47 percent growth in the Q4 of 2017. Analysts had projected an increase of 9 percent. in New York.

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New York Conference Taxes Online 142

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JANUARY 26, 2018

GE released its Q4 2017 earnings data earlier this week, revealing a one-time $6.2 billion tax charge related to the nation’s recent tax reform. The Washington Post said the SEC had not yet commented on the investigation.

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FEBRUARY 20, 2020

Steve Chen, the mastermind behind a $147 million gemcoin fraud from 2013 to 2015, pleaded guilty of his crimes of tax evasion and conspiracy to commit wire fraud, reported on Wednesday (Feb. As part of his plea agreement, Chen admitted to operating the U.S. Collins did not contest the CAB’s ruling.

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Bitcoin Fraud cryptocurrency California 130

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JULY 20, 2018

million in 2017 and $5.2 “It is a validation for us and the entire sector that [cannabis] is a global opportunity,” Kennedy said. “It It signifies a global shift in perception.”. Since it launched in 2014, Tilray has yet to turn a profit, recording a net loss of $7.8 million for the three months ended in March.

Company 144

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MARCH 12, 2020

Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government with covert operations involving hostages, The New York Times reported on Thursday (March 11). The victims were told that the operation was secret and time-sensitive. million fine.

New York 141

New York Video Fraud Taxes 141

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NOVEMBER 9, 2016

Many were surprised when Prime Minister of India Narendra Modi announced the discontinuation of 500- and 1000-rupee notes on Tuesday in an attempt to curb fraud, corruption and illegal tax evasion, and illegal cash holdings. in 2017, and already a majority of internet access in the nation is done on mobile devices. 10 through Dec.

ATM 143

ATM Mobile National Taxes 143

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JANUARY 22, 2019

Citing Amazon Country Manager Brazil Alex Szapiro, Reuters reported that the launch was delayed because of logistics and a complex tax system but now it plans to directly sell merchandise in 11 categories from more than 800 suppliers, including L’Oreal and Black & Decker. “We

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MARCH 6, 2017

percent which management hopes to bounce back to its ideal level of 67 – 69 percent in 2017. As Heineken continues to buy Brazil-area operations of Japan’s Kirin Holdings Co., percent stemming from a tax reorganization of international subsidiaries. competition in that location will also increase.

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Taxes Industry Trends Company 108

PYMNTS

FEBRUARY 1, 2018

PayPal’s Q4 2017 earnings report, in many ways, was a continuation of the same 2017 theme: earnings, profits, revenue and TPV are all up — and to a greater degree than predicted by analysts. eBay becomes approximately four percent at the end of the operating agreement [in 2020]. tax overhaul. years to the second 2.5

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