PYMNTS

OCTOBER 19, 2020

Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. The new regulations would also reshape the manner in which these companies collect and harness information. Regulation.

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Taxes Compliance Regulation Google 143

PYMNTS

MAY 28, 2020

South Korea is pondering a modification to its tax law which could place taxes on cryptocurrencies. Though not much information is currently available, the new rules could impose restrictions on profitable sales of cryptocurrency and revenues gleaned from national crypto-mining projects, according to Cointelegraph.

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Taxes Bitcoin cryptocurrency blockchain 142

PYMNTS

NOVEMBER 25, 2019

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales. Health Records and Google.

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Taxes Google Data Regulation 130

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. At the same time, navigating tax policies is proving to be a complex business. tax policy at Avalara , noted that this holiday season is the second one post-Wayfair. The hard part?

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Taxes South Dakota New York Nebraska 134

PYMNTS

DECEMBER 16, 2020

16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. With data sharing, to boot. To that end, as reported on Wednesday (Dec.

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National New York City Policies New Jersey 160

PYMNTS

JANUARY 25, 2021

Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . After Spain’s government levied a new digital tax, Amazon plans to increase fees by 3 percent starting in April for Spanish firms harnessing its platform, Reuters reported. Google Raises Specter of Making Search Inaccessible in Australia.

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Taxes Google Compliance Apple 141

PYMNTS

DECEMBER 19, 2016

B2B eCommerce platform Moglix is simplifying the Goods and Services Tax (GST) process for manufacturers using its services as companies brace for new tax reforms to take effect in India next year. The company has offered the solution in beta phase to several businesses to support compliance in the tax filing and management process.

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Taxes Compliance Report National 100

PYMNTS

AUGUST 29, 2019

The National Revenue Agency (NRA) in Bulgaria was fined 5.1 million) by the country’s data-protection agency over a data breach that compromised the personal information of almost every adult in the country. Reuters is reporting that the tax agency said it was going to appeal the decision. million levs ($2.9

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Taxes Data Study System 102

PYMNTS

MAY 19, 2020

BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report. Multiple crypto operations serving the country, however, are legally based in other nations. The agency claims that it seized phones, computer equipment and cash, with the inclusion of U.S.

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Data Bitcoin cryptocurrency Taxes 212

Bobsguide

AUGUST 17, 2017

Financial institutions are exposed to a greater regulatory pressure on the part of various national and international authorities, especially from Europe and the USA. The Foreign Account Tax Compliance. By Silvan Arpagaus - Manager, Iris Grewe - Partner, Ronald Frey - Partner, at BearingPoint.

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Management Taxes Compliance National 110

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.

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US Cyber Security Security National 227

PYMNTS

OCTOBER 5, 2020

The European Union is getting ready to make Big Tech provide smaller competitors with their massive collections of customer information. Furthermore, other portions of the draft include a rule that gatekeeper platforms only have the ability to harness the information they receive for specific activities. Last week, a U.S. 25 statement.

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Data Google Compliance Apple 229

Abrigo

NOVEMBER 21, 2019

The US is at a disadvantage without a national beneficial ownership registry. . CDD rule was the requirement to capture beneficial ownership information. When using several sources of information to determine beneficial ownership, it is often more effective in preventing the misuse of shell companies for criminal purposes.

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United States Regulation National Taxes 195

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

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Taxes Community Bank Community Operations 195

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Through a 70-question survey, TMF Group asked the accounting and tax professionals to assess their local regulatory climates. There are also an “extremely high number” of tax rules.

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Compliance Marketing Taxes Groups 146

Abrigo

JANUARY 6, 2017

The 2016 National Management of an Accounting Practice survey found that the use of cloud services by CPA firms has grown since 2014, with 56 percent of all firms surveyed saying they use cloud-based software, up from 48 percent in 2014 and 29 percent in 2012. Register here.)

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Trends blockchain Taxes Survey 218

PYMNTS

MARCH 15, 2019

Analysts say the financial struggles of small to medium-sized businesses (SMBs) are challenging the strength of the national economy, adding pressure to a market whose gross domestic product forecast for 2019 was recently cut by Mexico’s central bank. But traditional FIs are beginning to see value in financing small startups, too.

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Lending Fintech National Taxes 189

PYMNTS

FEBRUARY 7, 2019

A new report from the State Bank of Pakistan says a lack of electronic payment services like PayPal in the country has led the nation to lose out on as much as $2 billion in payments related to the information and communication technology sector. Reports in the Express Tribune on Wednesday (Feb.

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National Taxes Report Payments 165

PYMNTS

FEBRUARY 20, 2020

Enterprise resource planning (ERP) and enterprise performance management (EPM) company insightsoftware has announced its acquisition of financial planning and tax software provider Longview, according to a Thursday (Feb. We can now offer our clients more of the financial and tax solutions they need, all from a single provider.”.

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Taxes Resources Samsung Software 130

PYMNTS

JANUARY 4, 2019

Cryptocurrency tokens are also used as utility tokens that can record or store information, from how long someone browses a website to rewarding behaviors.”. The banks committee of the state’s legislature voted to create a digital currency task force back in June, and the group will have to submit all relevant information by Dec.

cryptocurrency 163

cryptocurrency New York New York City Study 163

PYMNTS

MAY 19, 2020

And, beyond emails and passcodes, the SSU said per the report that the database had “eWallets of cryptocurrencies” and “PIN codes for bank cards,” among other information. Meanwhile, BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report.

Bitcoin 148

Bitcoin cryptocurrency Taxes Security 148

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.

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social media Data Apple Compliance 152

PYMNTS

FEBRUARY 27, 2019

A wide range of biometric solutions are being used to develop national identification systems around the world. The systems work by storing individuals’ personally identifiable information (PII), such as fingerprints, facial patterns, iris scans or other unique features. . A reported 3.6 Digitizing government services .

Security 159

Security National Wyoming Idaho 159

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 Thus, if you are a bank in Georgia, you have a little better than a 50% chance of qualifying if we have no further information on you.

Georgia 195

Georgia Alabama New Jersey Taxes 195

PYMNTS

SEPTEMBER 9, 2020

Luno, which is headed by Co-Founder and CEO Marcus Swanepoel , has over 5 million worldwide clients covering more than 40 nations and almost 400 staffers, according to the announcement. based company offers digital asset instruction, investment technology and information for people in Europe, Asia and Africa.

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Groups Bitcoin blockchain cryptocurrency 151

PYMNTS

SEPTEMBER 24, 2020

And then they’ll take that [information] and use the accounts.”. Axis’ onboarding system cross-references customers’ identifying information with India’s national identification number system, the world’s largest biometric identity program. It’s like the Social Security number in the U.S.,” Shetty explained. Shetty explained.

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Video Fraud Digital Banking System 205

PYMNTS

SEPTEMBER 20, 2020

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. If approved, the new EU legislation would increase Brussels’ powers to track how these firms gather information on users.

Compliance 175

Compliance Regulation System Taxes 175

Abrigo

JANUARY 20, 2016

Information overload seems to be an occupational hazard for anyone spending time on the internet these days, particularly on social media channels. From AICPA news and updates to relevant links from around the web, the AICPA Twitter feed is an essential source of information for accounting professionals.

social media 150

social media New York Maryland Taxes 150

PYMNTS

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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Management Taxes Industry Trends 129

PYMNTS

MAY 12, 2016

office were facilitating tax evasion and money laundering. According to FT , no public or private action was taken against the bank by regulators after the information was disclosed. regulators didn’t seem inclined to take any real steps toward looking into the claims about BSI’s role in tax evasion at the time.

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Taxes Fraud Regulation New York 100

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

Bobsguide

AUGUST 17, 2017

Financial institutions are exposed to a greater regulatory pressure on the part of various national and international authorities, especially from Europe and the USA. The Foreign Account Tax Compliance. By Silvan Arpagaus - Manager, Iris Grewe - Partner, Ronald Frey - Partner, at BearingPoint.

Management 68

Management Taxes Compliance Data 68

PYMNTS

SEPTEMBER 17, 2019

million times last year for offenses such as unpaid taxes and fines. million times from purchasing train tickets, and 128 people were blocked from leaving the country because of unpaid taxes. All in, individuals were blocked from buying tickets 17.5 Consumers were also barred 5.5 Not paying one’s debts, for example, is an obvious one.

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social media System Maine Taxes 220

PYMNTS

NOVEMBER 7, 2019

Consumers around the world log in to eBay with their Facebook profiles, purchase lunches with Apple Pay and in some cases pay their taxes or register to vote with government-provided digital identities. One of the leaders in national digital ID systems is Estonia, which provides digital IDs to all 1.3 million of its citizens.

System 131

System Guidelines National Online 131

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. Learn More.

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Training Fraud National Resources 195

PYMNTS

JANUARY 4, 2019

The site newsbtc.com noted that the committee that issued the report includes stakeholders such as the Ministry of Electronics and Information Technology, the Reserve Bank of India, the Securities and Exchange Board of India and the Central Board of Direct Taxes.

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cryptocurrency Study National Course 139

PYMNTS

OCTOBER 8, 2019

Although hiring slowed in September, small businesses continue to remain optimistic and have even reported some significant benefits resulting from late-2017’s tax reform. 54 percent of SMBs say the Tax Cuts and Jobs Act positively impacted their businesses , new research from the National Federation of Independent Businesses said.

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Survey Taxes Data Report 134