PYMNTS

DECEMBER 17, 2018

17) that he wants France to start taxing big tech giants beginning Jan. The idea comes after years of negotiations at the European level, where France and other larger European countries have tried and so far failed to convince smaller countries that tech companies have been taking advantage of the region’s tax structure.

Taxes 122

Taxes Google Apple Meeting 122

PYMNTS

JANUARY 10, 2019

After the holiday season comes tax season — everyone’s favorite time — but at least the payment of taxes, along with the tax refund process, promises to become even more digital this year. And digital payers are striving to win more business from tax filers this year. Rise of Quicker Payments. New Products.

Taxes 120

Taxes Report Payments System 120

PYMNTS

NOVEMBER 29, 2019

And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. After all, commerce is increasingly done across state lines, and remote sellers have the lure of selling into new and far-flung markets. States have been defining their parameters for economic nexuses.

Taxes 134

Taxes South Dakota New York Nebraska 134

PYMNTS

JULY 26, 2018

The American Institute of Certified Public Accountants (AICPA) submitted recommendations to policymakers this week, urging clarity and simplification in how the Tax Cuts and Jobs Act impacts small business (SMBs) accounting rules. The letter outlined eight recommendations for the Tax Cuts and Jobs Act.

Taxes 100

Taxes Capital Compliance Survey 100

PYMNTS

FEBRUARY 19, 2019

Digital disbursements are appearing in unexpected markets , such as sports betting platforms and boatsharing sites. Data: 700 million: The number of active annual Alipay users exceeded this figure in 2018. taxpayers who received federal tax refunds via direct deposit as of May 2018. million: The number of U.S.

Data 109

Data Marketing Taxes Video 109

PYMNTS

FEBRUARY 27, 2018

this year, driven largely by tax reform. The IBBA, along with M&A Source and the Pepperdine Private Capital Markets Project, announced their research on Monday (Feb. Small business owners seeking to sell their business in 2018 have cause to be bullish,” said Warren Burkholder, CBI, president of advisory group NEVRG, Inc.

Taxes 109

Taxes Capital Survey Analysis 109

PYMNTS

MARCH 5, 2019

China is aiming to boost the economy by tax cuts and infrastructure spending in the billions of dollars range. percent growth the country reported in 2018. He said there are planned cuts of the taxes and fees businesses face of close to 2 trillion yuan or $298.3 According to the report, the tax cuts are deeper than the 1.3

Taxes 116

Taxes Report Industry Marketing 116

PYMNTS

AUGUST 28, 2018

As of early 2018, U.S. Crediting lower taxes, thanks to the end of the year tax reform bill passed by Congress, regional bank executives saw a sudden and notable pick up in both commercial loan demand and a big jump in spending on credit and debit cards. BB&T is expecting to see loan growth between 2 to 4 percent in 2018.

Lending 100

Lending Taxes Rhode Island Regional 100

PYMNTS

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.

Industry 155

Industry Colorado Taxes California 155

PYMNTS

DECEMBER 15, 2017

A new survey from Citizens Bank explores how mid-market CFOs in the U.S. are anticipating new technologies and market trends for the year to come, with these professionals signaling interest in real-time and electronic payments. In an announcement Thursday (Dec. In an announcement Thursday (Dec. ” .

Marketing 116

Marketing Payments Survey Taxes 116

PYMNTS

OCTOBER 3, 2019

sales tax obligations via the company’s sales tax application programming interface (API). Wayfair last year, many online retailers now have to collect sales tax in additional states. ” “ Quill creates rather than resolves market distortions,” Justice Anthony Kennedy wrote in the majority decision. .”

South Dakota 164

South Dakota North Dakota Taxes Retail 164

Gonzobanker

MAY 14, 2018

Financial Brand Forum , an exponentially growing event now in its fifth year – targeted at the morphing worlds of financial marketing, sales and service – is a well-oiled machine with several coats of highly buffed wax. Marketing automation provider Marquis and its clients were talking up execution capabilities from its recent DocuMatix.

Branding 117

Branding Industry Apple Marketing 117

PYMNTS

JULY 5, 2018

payroll services market saw consolidation this week with Asure Software announcing Tuesday (July 3) that it acquired USA Payroll. Furthermore, USA Payroll provides customers with payroll and tax services, timekeeping, third-party administration and other back-office services. The tool helps businesses mitigate payroll compliance risk.

Marketing 108

Marketing Software Taxes Resources 108

PYMNTS

DECEMBER 26, 2018

That’s the view of of mobile commerce firm P97 CEO Donald Frieden, who discussed the confluence of mobile commerce, digital marketing and ease of payments via the frame of gas station transactions. The $300 billion Financial Stress Tax. The Tie Between Wearables and Tokens.

blockchain 157

blockchain Payments Online Innovation 157

PYMNTS

MAY 21, 2018

trillion in January 2018, setting a new record. It looks like the tax situation in Seattle may be getting a bit stickier: Seattle’s city council has approved a new tax for the city’s biggest companies, including Amazon, to combat a housing crisis impacting the city’s working class. Balances of the industry surpassed $1.03

Seattle 100

Seattle Taxes Cards Data 100

PYMNTS

DECEMBER 10, 2018

While entrepreneurs continue to reflect record-level optimism, their top concerns are increasingly including the tight labor market and the importance of retaining staff in such a climate. “And that’s the way the market economy works, for better or worse.” How did small businesses fare in job growth last month?

Marketing 148

Marketing Data Survey America 148

PYMNTS

JANUARY 25, 2018

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). The solution provides automated accounting and tax management for its entrepreneur clients. The accounting functionality will be rolled out throughout 2018,” the executive added.

Marketing 109

Marketing Taxes Google Fintech 109

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

PYMNTS

FEBRUARY 17, 2020

The consolidated net loss after taxes for OYO came to $335 million this past year, up considerably from the near $50 million loss in the year prior, according to business intelligence firm Tofler. OYO expanded heavily into China in 2018 and 2019, making that country its second-largest market behind India.

Taxes 130

Taxes Marketing Report Company 130

PYMNTS

FEBRUARY 14, 2018

which has been long-dormant, benign and perhaps even forgotten about as a factor in the markets. Broadly speaking, inflation eats at real returns on investments and elsewhere, nibbling at purchasing power and at corporate margins as costs rise — tax cuts notwithstanding. All eyes are currently on inflation in the U.S.,

Marketing 108

Marketing Atlanta Trends Taxes 108

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. percent tax on each imported premium cigar, limited to a maximum of about $0.40 in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

AUGUST 7, 2020

The Dresden Public Prosecutor’s Office, State Criminal Police Office in Saxony and Leipzig Tax Investigation Department confiscated the Bitcoin and will be used as damage reparation by the public prosecutor. The illicit activity makes up 1 percent of Bitcoin transactions, double from 2018, PYMNTS reported in January.

Bitcoin 157

Bitcoin ATM cryptocurrency Operations 157

PYMNTS

APRIL 9, 2018

This may be the first sign of tax reform seeping into the small business labor market,” the executive said in a statement. “As As small business owners begin to realize the benefits of tax reform, they will likely translate to better wages and more jobs. Economists had previously expected 210,000 jobs to be added.

Taxes 141

Taxes Analytics Regional Survey 141

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. The market map below categorizes the Fintech 250 companies based on core area of focus.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 Earlier in 2018, Ant became the most valuable tech startup after raising $14 billion investors in China, the U.S.

Taxes 134

Taxes Operations Lending Marketing 134

PYMNTS

JANUARY 10, 2020

percent, and wages in the private sector went up almost 3 percent from a year before, which is the smallest gain since July 2018. With all the bright spots, wage growth “remains the one aspect of the job market that hasn’t fully recovered during the decade since the Great Recession ,” he said. Last year, employers added 2.11

Taxes 130

Taxes Retail Trends Industry 130

PYMNTS

SEPTEMBER 23, 2019

As China increasingly becomes a market economy, the government is becoming more concerned about improper conduct in the marketplace. In 2018, millions of Chinese travelers were banned from buying airline tickets because of outstanding social credit offenses. million times last year for offenses such as unpaid taxes and fines.

Taxes 177

Taxes New York System Training 177

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. By offering the incentive, they hope to cut down on black market deals and fraud, according to The Financial Times.

Cards 188

Cards Payments Taxes Study 188

BankUnderground

NOVEMBER 8, 2023

In a new working paper , we show that cap-and-trade schemes lead to lower volatility in GDP and financial variables, and result in reduced welfare costs of the business cycle , when compared to the more widely known carbon taxes. We find that a cap-and-trade system keeps the economy significantly more stable.

Policies 79

Policies Regulation Taxes Compliance 79

PYMNTS

DECEMBER 26, 2019

Analysts anticipate additional government reforms in 2020 could help improve stock markets, however. billion in 2018. 2019 has been the worst year from an IPO market perspective,” said Sandip Khetan, a partner at consultancy EY. According to data from Refinitiv, funds secured through Indian IPOs dropped to $2.8 billion in 2019.

Taxes 130

Taxes Marketing Security Industry 130

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116

PYMNTS

OCTOBER 28, 2019

The 2018 South Dakota v. An additional 12 states have added or amended marketplace facilitator laws, and even more states are slated to implement remote seller tax laws in the next few years. . New remote seller laws hinder sales tax avoidance, and states are using the Wayfair ruling to apply additional tax forms to these sellers.

Taxes 105

Taxes South Dakota Retail Arizona 105

PYMNTS

FEBRUARY 28, 2019

With the tax cut in the rear window, the growth in the U.S. The slowdown in growth was partly due to a lack of stimulus from President Donald Trump’s tax cuts at the end of 2017. With concerns that the economy is heading toward a recession , the stock market has been on a roller coaster ride. For all of 2018, the U.S.

Taxes 108

Taxes US Analysis Data 108

PYMNTS

JANUARY 16, 2020

billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Global Blue runs airport kiosks and storefronts that enable shoppers to get sales tax refunds when they return home.

Taxes 130

Taxes New York Virginia Leadership 130

PYMNTS

NOVEMBER 15, 2018

Uber ’s Q3 2018 financial results show that the company’s net losses increased 32 percent to $939 million quarter over quarter. On an earnings before interest, depreciation, taxes and amortization basis (EBIDTA), Uber’s losses came to $527 million, up about 21 percent quarter over quarter, according to reports.

Leadership 148

Leadership Taxes Report Marketing 148

PYMNTS

JULY 2, 2020

David Cicilline (D-Rhode Island), chairman of the House Antitrust Subcommittee, has asked each of the company’s executives to testify before completing its investigation and crafting reforms that would regulate the digital market. Pichai testified in 2018 over charges that Google is politically biased in its treatment of content.

Google 171

Google Apple Rhode Island Taxes 171

PYMNTS

OCTOBER 2, 2019

Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into new areas and ventures in the highly competitive food delivery market. million in 2018, up from £106m a year before. percent to £232 million, up from £199 million in 2017.

Taxes 116

Taxes Innovation Meeting Company 116