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

OCTOBER 14, 2019

Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. Companies with annual global revenues of $827 million and digital services of $6 million in Italy will be subject to the tax.

Taxes 116

Taxes National Report Company 116

PYMNTS

JANUARY 17, 2020

Historians and economists regularly look to tax policies to get a sense of what happened within a particular industry, society or country. No doubt the chronicles to come about the rise of the internet age and the spread of digital culture will include serious treatment of tax issues. Taxing Confusion. billion in 2022.”.

Taxes 132

Taxes Online Policies Philadelphia 132

PYMNTS

JANUARY 1, 2021

You hear a lot about the new normal and stuff like that, but I really see it as banking at the speed of life,” said CarrieAnne Cormier , senior vice president of Retail Operations and Strategy at Avidia. The past year has been one of the most trying in recent memory for lenders as well as consumers.

Trends 259

Trends Video Retail Payments 259

PYMNTS

DECEMBER 21, 2020

Founded in 2013 in Salt Lake City, Utah, Acima operates in over 15,000 retail partner locations and eCommerce platforms. billion in 2020. About $225 million in adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is expected for 2020. .

Utah 263

Utah Retail US Taxes 263

PYMNTS

JANUARY 7, 2021

But instead of the instantaneous payments, some residents are receiving messages that they can only get their checks after filing their 2020 tax returns, per CNBC. Problems from the last time, including payments sent to divorced spouses or defunct accounts, might occur because of the massive operation.

Payments 244

Payments Taxes Report Cards 244

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

FEBRUARY 18, 2020

In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers fears of a recession. Japanese Sales Tax Triggers 6 Pct Economic Contraction. Also, HSBC cuts 35,000 jobs and $100 billion in assets in a streamlining and restructuring effort.

Taxes 130

Taxes Apple Payments Cards 130

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

FEBRUARY 1, 2021

SPACs generally operate by raising money through an IPO and then entering into a business combination with a company with existing operations, often through a reverse merger. exchanges in 2020, raising $83 billion. Funds that have expertise in both companies operating in Asia and how U.S. That number decreases to about 3.5

Capital 198

Capital Taxes Operations America 198

PYMNTS

JANUARY 3, 2020

Call it a crisis that crosses the pond, will last into 2020 and, likely, beyond. More than 9,300 stores went dark, and among them were locations operated by marquee names, such as Sears , Party City and Payless. A bit closer to home, 2019 marked a record year in the U.S. — According to stats, Jan.

Retail 131

Retail Samsung National Taxes 131

PYMNTS

SEPTEMBER 8, 2020

The FAA’s role is to ensure that any [drone] operation is performed safely,” the FAA said in a statement to PYMNTS. Big Tech Updates Fees to Reflect UK Digital Services Tax. Apple announced upcoming tax changes for apps and in-app purchases to include tax law changes in the U.K. customer charges to cover the new tax.

Taxes 131

Taxes Google Apple social media 131

PYMNTS

AUGUST 12, 2020

BigCommerce reported in its filings that revenue growth in the first quarter of 2020 was north of 29 percent, reaching $33.1 million, while the operating loss shrank to $7.5 You might know Intuit as the financial services company that is home to the personal finance app Mint and tax preparation app TurboTax , among other offerings.

Taxes 276

Taxes Survey Online Tools 276

Abrigo

JANUARY 7, 2021

15, 2020 25% revenue drop PPP second-draw borrowers must demonstrate at least a 25% reduction in gross receipts. Relevant tax forms, quarterly financial statements, or bank statements are acceptable documentation. 2019 tax returns or 2019 year-end financial statements 2. March 31 deadline. for NAICS 72 businesses).

Taxes 195

Taxes Lending Connecticut Capital 195

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

PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. The year 2020 was already set up to be an interesting year for digital gambling, with states opening increased access to online casinos and sportsbooks.

Online 222

Online Taxes United States Industry 222

PYMNTS

JANUARY 28, 2020

As eBay seeks to right its ship with its search for new leadership, as well as new revenue from StubHub (and perhaps even the sale of its classifieds unit or other assets), the online marketplace operator reported an earnings slide for the fourth quarter of 2019. Tax Impact. according to company officials on a webcast on Tuesday (Jan.

Taxes 130

Taxes Online Leadership Report 130

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. 2.5L – 5L.

Taxes 78

Taxes National US Marketing 78

Perficient

JULY 27, 2020

Easily found by leveraging Google Analytics or a comparable platform, this information can provide a look back at some historical data from the previous year, enabling you to compare that with a more specific timeframe from 2020. People – Do you have the dedicated employees to staff a B2C operation? Geographic location.

Analytics 332

Analytics Technology Strategy Taxes 332

PYMNTS

AUGUST 7, 2020

German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. The watchdog told KKT UG CEO Adam Gramowski to cease crypto trading business in Germany back in February for reportedly operating without a trading or banking license. Movie2k.to

Bitcoin 157

Bitcoin ATM cryptocurrency Operations 157

PYMNTS

SEPTEMBER 9, 2020

American Eagle Outfitters concluded Q2 with $899 million in cash and short-term investments, marking a rise from $317 million in 2019, after generating $173 million in operating cash flow in Q2.

Taxes 131

Taxes Retail Report Branding 131

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

Abrigo

FEBRUARY 27, 2020

Abrigo’s 2020 Business Lending Readiness Survey found many bankers are dealing with processes that stymie those efforts. See more of Abrigo’s 2020 Business Lending Readiness Survey: Preparing Now for Economic Uncertainty Ahead. Breaking Down the 2020 Business Lending Readiness Survey: Roadblocks to Top Results. That’s scale.”

Lending 243

Lending Survey Data System 243

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 21, 2019

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. Green Dot also plans to upgrade the BaaS platform again in 2020, he noted, with an emphasis on risk controls and compliance.

Taxes 188

Taxes User Experience Cards Operations 188

PYMNTS

JANUARY 11, 2021

anticipates that eCommerce demand for the fiscal 2020 fourth quarter will jump 90 percent to 100 percent in contrast to the fiscal 2019 fourth quarter, according to a Monday (Jan. Moreover, the company noted that retail stores were affected by fewer operating hours in addition to restrictions on store capacity due to government orders. “We

Conference 159

Conference Taxes Retail Operations 159

Abrigo

MAY 11, 2021

Not only has the pandemic impacted businesses by shortening operating hours or closing businesses altogether, but it has introduced stimulus money that those same businesses have come to rely on as part of their cash flow, creating new challenges to testing the creditworthiness of prospective borrowers. 20/30/50 split over three years).

Analysis 195

Analysis Lending Taxes Comparison 195

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

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. Instead of just the revenue test, where most CPA firms focus, our approach targets the total or partial suspension of operations aspect of ERC eligibility. The average tax rebate is approximately $1.5

Georgia 195

Georgia Alabama New Jersey Taxes 195

Independent Banker

SEPTEMBER 30, 2021

Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year. Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S. By Judith Sears.

Arkansas 168

Arkansas Community Bank Community Operations 168

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. trillion in 2020 as a result of COVID-19 relief programs. Between 1994 and 2020, nearly a third of new employer establishments didn’t last more than two years, and the 15-year survival rate was 26%. trillion between 2019 and 2022.

Lending 243

Lending St. Louis Community Marketing 243

PYMNTS

SEPTEMBER 24, 2020

The Digital Commodity Exchange Act of 2020, which was proposed by a U.S. 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. representative Thursday (Sept.

National 121

National Report Taxes Bitcoin 121

PYMNTS

AUGUST 17, 2020

The company’s H2 2020 Email Fraud and Identity Deception Trends report revealed widespread vulnerabilities among the largest corporations, and noted 70 percent of BEC scams are sent via free webmail accounts, an increase from 54 percent last December. PYMNTS breaks down the numbers of the latest in B2B fraud below.

Fraud 237

Fraud Trends Report Security 237

PYMNTS

APRIL 14, 2020

Instacart’s downloads for the month of March 2020 increased 218 percent month-to-month, for example, and other grocery platforms saw increases not far behind. This could shift the way the rideshare could operate — as well as the way that it pays taxes — within France. How The Pandemic Is Impacting Business Regulations.

Regulation 285

Regulation Examples United States National 285

Abrigo

MAY 22, 2020

However, the latest stimulus bill, the HEROES Act, did include a section dedicated to the “ SAFE Banking Act of 2020 ” and banking CRBs. CRBs are real, essential businesses paying federal taxes, and many argue that they should be included in federal programs. And they have. Other states, like California, allow for home delivery. “If

Lending 195

Lending Industry Taxes Community 195

PYMNTS

FEBRUARY 20, 2020

31, 2019, with total operating revenues of $249.3 The company also reported non-GAAP total operating revenues of $238.4 such as non-operating nest income, income tax benefit and expense, and more. Green Dot reported its earnings for its fourth quarter ending Dec. million, showing a slight uptick from $245.1

Report 130

Report Operations Taxes Study 130

Abrigo

FEBRUARY 5, 2021

Takeaway 1 To prevent the kind of fraud that plagued the Paycheck Protection Program in 2020, the SBA has put new measures in place that have created challenges. In addition, several businesses have been flagged as “inactive” even though they have been operational throughout the pandemic. “The mail, Craig said.

Fraud 195

Fraud Lending Taxes Regulation 195