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Is Sales Tax An Anchor On Amazon?

PYMNTS

One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. Would collecting sales tax 100 percent of the time take a bit out of Amazon’s bottom line? Recent data suggests — probably not.

Taxes 101
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Wells Fargo To Settle Navajo Nation Lawsuit For $6.5M

PYMNTS

The Navajo Nation announced that it has settled its lawsuit against Wells Fargo & Co for $6.5 The Navajo Nation sued Wells Fargo in federal and tribal courts in 2017, claiming it targeted tribal members with “predatory sales tactics.” shareholder derivative lawsuit.

National 108
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Who Should Lead The Digital ID Push?

PYMNTS

Use cases for the digital ID wallet could include accessing age-restricted places like bars, signing into services like online tax filing or verifying identities at polling stations. The advantage is that users could prove their ages if necessary without revealing their birthdates or other personal information. Department of Commerce.

Wyoming 136
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Buying into AML risks in real estate

Abrigo

In 2016 when the Panama Papers exposed an international network of offshore entities involved in tax evasion, fraud, and sanction evasion, some of which included real estate holdings, regulations began to change. According to the National Association of Realtors, there were more than 106,000 real estate brokerage firms in the United States.

El Paso 195
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Rebeca Romero Rainey: Take pride in the work we do

Independent Banker

“While community banks could certainly benefit from the tax advantages credit unions have, we flourish despite them.”. I will be attending the Community Bankers Association of Illinois and Independent Bankers of Colorado annual conventions. There’s something about September that inspires a focus on priorities.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Amazon’s efforts in robotics upgraded this week with the acquisition of Colorado-based Canvas Technology. Walmart has also expanded its private-label brand offerings in apparel, with Terra & Sky, Wonder Nation and Time and Tru, among others. 2: People in Glass Houses Should Pay Taxes. The Drama Pt.

Taxes 100
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Taking Your Coffee With Sugar, Milk And Blockchain?

PYMNTS

That overhead includes not just tracking the harvested beans, but also being able to track the payments back to the farmers where the coffee is sourced, in countries such as Colombia and other South American nations.