PYMNTS

MAY 28, 2020

The last halving was on May 11, 2020. South Korea is pondering a modification to its tax law which could place taxes on cryptocurrencies. South Korea attempted to impose taxation on cryptocurrency early in 2020. Decenter reported that the country’s legislation would be brought before Parliament in September 2020.

Taxes 142

Taxes Bitcoin cryptocurrency blockchain 142

PYMNTS

JULY 15, 2020

Today (July 15) is Tax Day , and despite it coming three months later than normal due to COVID-19, several million Americans will be scrambling to get their returns (or at least their applications for extensions) out the door by midnight. Olson thinks the IRS might need 18 months to work through all of that paper, delaying some tax refunds.

Taxes 146

Taxes National Regional Report 146

PYMNTS

SEPTEMBER 27, 2019

In a move that increases pressure on multinationals, European Union commissioners-designate said the bloc should come to an agreement on a digital tax if a deal doesn’t happen at a worldwide level by the conclusion of 2020. He would aim to prevent separate bloc governments from having the ability to nix tax decisions.

Taxes 128

Taxes Report National Company 128

PYMNTS

FEBRUARY 18, 2020

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The Wall Street Journal (WSJ) reported on Monday (Feb. A dip in private consumption was blamed on the hike in the national sales tax to 10 percent on Oct. percent contraction.

Taxes 130

Taxes Security Industry National 130

PYMNTS

SEPTEMBER 30, 2019

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. In one example, Indonesia is “already preparing legislation” that would require tech companies with online services to pay value-added tax on local sales, the report noted. Libra, Too.

Taxes 133

Taxes Regulation cryptocurrency Google 133

PYMNTS

SEPTEMBER 24, 2020

The Digital Commodity Exchange Act of 2020, which was proposed by a U.S. 24), could put digital currency exchanges under one national structure, CoinDesk reported. In other news, the Ministry of Finance in Russia keeps advocating for digital currency industry rules through the introduction of new tax mandates, Cointelegraph reported.

National 121

National Report Taxes Bitcoin 121

PYMNTS

OCTOBER 28, 2019

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal.

Taxes 102

Taxes Online San Jose South Carolina 102

PYMNTS

JANUARY 16, 2020

In other news, South Korean cryptocurrency exchange Bithumb is going to court to fight an almost $69 million tax bill from the National Tax Service (NTS), according to a report Thursday (Jan. The tax is called a retention tax, which is an income tax paid to the government by the income payer and not its recipient.

Taxes 131

Taxes Bitcoin cryptocurrency National 131

BankBazaar

FEBRUARY 6, 2020

According to FM Nirmala Sitharaman, Budget 2020 has included provisions that would translate to more income and purchasing power for tax-paying citizens. On the 1 st of February, 2020, our Finance Minister (FM) Nirmala Sitharaman announced the Budget for FY 2020-21. Old Tax Rate. New Tax Rate.

Taxes 78

Taxes National US Marketing 78

PYMNTS

JANUARY 27, 2020

To say that 2020 has already started off as a busy year for the Consumer Financial Protection Bureau (CFPB) might be an understatement. Digital Taxes, Abroad. Separately, in Davos this past week , with a nod toward digital taxes and trade disputes, the U.S. There’s still some work to be done,” he said at a conference in Davos.

New York 179

New York Taxes California Conference 179

PYMNTS

JANUARY 3, 2020

Call it a crisis that crosses the pond, will last into 2020 and, likely, beyond. We usually cheer the dawn of a new year as a chance to start things anew — but here, at least, 2020 may simply offer more of the same. National Returns Day : The dawn of the new year heralds a spike in returns of unwanted gifts.

Retail 131

Retail Samsung National Taxes 131

PYMNTS

JANUARY 25, 2021

Officials have until April 1 to divest from any foreign cryptocurrencies, although they won’t be required to report any crypto holdings for the year 2020, the report stated. The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated.

Bitcoin 261

Bitcoin cryptocurrency Data National 261

Perficient

JUNE 30, 2022

Some of these online articles can be found here: OCC Provides Roadmap for National Banks and Savings Associations To Conduct Crypto Activities – Perficient Blogs. A very significant milestone was reached when the Central Bank of the Bahamas created the Sand Dollar in October 2020. The Pros and Cons of a Potential U.S.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

DECEMBER 2, 2019

The Federal Reserve Board has approved a new fee schedule for payment services in 2020 that is overall 2.4 Fees will stay the same as 2019 for the FedACH service, National Settlement Service and Fedwire Securities Service. The 2020 private-sector adjustment factor (PSAF) of $18.9 percent for check services , 3.7

Payments 101

Payments Kansas Taxes System 101

PYMNTS

JUNE 29, 2020

The number of tax audits on corporations plunged amid the pandemic, with the IRS saying in the National Taxpayer Advocate’s “Objectives Report to Congress” report for Fiscal Year 2021 that it began 716 corporate examinations from April 1 to June 1 this year compared to 2,445 during the same time last year, a 71 percent drop.

Taxes 174

Taxes Report Meeting National 174

South State Correspondent

JUNE 7, 2023

Bank ERC Background Bank ERCs is a refundable tax credit available to businesses, including financial institutions, affected by the global pandemic as granted under the CARES Act and modified by the Relief Act. For employers with 500 or fewer employees, all wages paid to employees can be qualified.

Taxes 195

Taxes Meeting Operations ATM 195

South State Correspondent

MARCH 21, 2023

Background of ERC ERC exists to assist businesses that were put under severe financial strain due to the government-mandated lockdowns from the 2020 COVID-19 pandemic. In 2020, the U.S. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Payments Flash-Forward: Why December 2020 Will Be One To Remember. 12 Ways Consumers Will Pay (And Be Paid) In 2020.

Taxes 101

Taxes Mobile Management blockchain 101

South State Correspondent

MAY 30, 2024

We work with well-known national CPA firms that specialize in working with banks specifically to claim their ERC tax rebate. The average tax rebate is approximately $1.5 While this could be true, it also could be that the CPA firm didn’t specialize in the ERC for banks, or offered a preliminary opinion.

Georgia 195

Georgia Alabama New Jersey Taxes 195

Bobsguide

MAY 10, 2022

Australia’s health and economic response to COVID-19 has put its recovery among the world’s leading nations, according to new analysis of global data. It compiles key economic, financial, social and demographic data from respected national and international sources. Why Australia Benchmark Report 2022 released. Resilient economy.

Report 148

Report National Fintech Industry 148

PYMNTS

DECEMBER 23, 2019

Egypt is readying an electronic invoicing mandate for consumers to pay their taxes, an initiative that reports said will eventually expand to standardize invoicing in government procurement processes. That effort also aims to go live in 2020, reports said. Reports in Zawya on Monday (Dec. Reports in Zawya on Monday (Dec.

Taxes 130

Taxes Conference System Mobile 130

PYMNTS

AUGUST 24, 2020

The services are not currently registered as distinct entities, although they are provided to users in the nation. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

social media 152

social media Data Apple Compliance 152

PYMNTS

JUNE 16, 2020

They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

US 227

US Cyber Security Security National 227

Independent Banker

APRIL 30, 2022

3-yr average pre-tax ROA. Brazos National Bank. Douglas National Bank. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. —Molly Bennett, executive editor, Independent Banker. Less than $300 million. By William Atkinson. Less than $300 million. Philadelphia.

Community Bank 172

Community Bank Community Montana Taxes 172

Abrigo

JUNE 8, 2022

World Elder Abuse Awareness Day is an international United Nations observance day commemorated each June 15 by most countries around the globe. The National Adult Protective Services Association defines EFE as any time a person misuses or takes the assets of a vulnerable adult for their own personal benefit. Need to Know.

Training 195

Training Fraud National Resources 195

PYMNTS

DECEMBER 5, 2019

In the 2020 National Housing Forecast from Realtor.com , a number of predictions stand out, among them that home price growth will flatten, to a rate of about 80 basis points. In 2020, we expect inventory to struggle to grow and could instead reach a historic low level,” said the projections.

Millennials 137

Millennials Nevada Arizona Georgia 137

PYMNTS

MARCH 5, 2019

million times last year for such offenses as unpaid taxes and fines. Data from to the National Public Credit Information Center also showed that travelers were barred 5.5 million times from purchasing train tickets, while 128 people were blocked from leaving the country because of unpaid taxes.

Taxes 109

Taxes System Training National 109

The Paypers

AUGUST 1, 2019

(The Paypers) The Government of Albania has announced that it will roll out an online invoicing system in January 2020 to stop businesses evading taxes.

System 28

System National Taxes Online 28

PYMNTS

SEPTEMBER 16, 2020

Kohl’s said it foresees costs of roughly $23 million before tax for the actions, most of which will be registered in Q3 of this year. In September, Kohl’s announced that it launched its new Kohl’s Rewards loyalty program across the nation following a successful pilot in multiple places.

Taxes 130

Taxes National Report Security 130

PYMNTS

JANUARY 15, 2021

Demand for these codes skyrocketed in 2020 as consumer demand for contactless payment solutions increased in order to reduce the potential risk of infection. The year 2020 was a game-changer for QR codes, with high demand for safer, more convenient contactless payments fueling their growth. Retail Environment.

Retail 207

Retail Security Payments United States 207

TheGuardian

JANUARY 26, 2022

Since May 2020, around £50bn had been lent out to firms under the government-backed Covid loan scheme. The National Audit Office last December warned it had “limited verification, and no credit checks on borrowers, which made it vulnerable to fraud and losses”. His departure should be a wake-up call. Continue reading.

Fraud 75

Fraud National Taxes Company 75

PYMNTS

JANUARY 4, 2019

The report’s goal is to study the transparency of the digital marketplace, what kind of effect cryptocurrency and blockchain technology will have on state industries and how it will affect taxes, among other subjects.

cryptocurrency 163

cryptocurrency New York New York City Study 163

BankUnderground

OCTOBER 26, 2021

The Bank of England co-organised a ‘ History and Policy Making Conference ‘ in late 2020. Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people. This was perhaps a necessary condition for the emergence of national money, but not a sufficient one.

Policies 133

Policies Taxes Maine National 133

BankUnderground

JULY 14, 2020

This gives a near-real time read on consumer spending, without the publication lags associated with national accounts consumption data. We focus on the time period between 1 January to 26 April 2020. The top panel of Figure 1 shows the average total expenditure in 2020 (blue) compared to 2019 (red, in 2020 prices).

National 145

National Retail Groups Data 145

CFPB Monitor

MARCH 17, 2020

In January 2020 the Federal Housing Finance Agency (FHFA) published a request for input on Property Assessed Clean Energy (PACE) transactions involving residential property. The deadline to respond to the request was March 16, 2020. Among the various comments, a number of industry trade organizations joined in a comment letter.

Industry 78

Industry Missouri Groups Florida 78

Abrigo

NOVEMBER 21, 2019

The US is at a disadvantage without a national beneficial ownership registry. . This was brought to light by the Panama Papers and Paradise Papers, the history making data leaks which exposed many individuals across the globe as the beneficial owners of tax haven shell companies, including prominent United States citizens. Learn More.

United States 195

United States Regulation National Taxes 195

Independent Banker

JANUARY 31, 2022

The 2020 Census quantified the growth many residents were already sensing: Austin grew by 33% between 2010 and 2020, earning it the rank of fastest-growing large metro. There’s really not a lot we can’t do,” says Travis Edlund, senior vice president and regional manager of the San Antonio market for Amarillo National Bank.

Texas 182

Texas San Antonio Community Bank Community 182