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MTrac Launches Marijuana Payments Platform For Louisiana

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The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses. Global Payout Inc.

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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

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Merchants aiming to sell nationwide must pay attention to how their goods are treated by each state’s tax code. Items considered as exempt medical necessities in some states may be taxed at high rates in others, and businesses cannot afford to be caught by surprise. Around The Next-Gen Sales Tax Wor ld.

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Remote Seller Taxation: A Job For Tax Automation

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Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. have moved to collect sales tax from remote sellers, and it’s just the beginning. Implementation.

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The Strange Spending Trends Around Sales Tax Holidays

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billion , it is still a more valuable run of commerce activity than Mother’s Day, Father’s Day, Easter and Valentine’s Day combined — which is why state tax holidays placed at the end of July and beginning of August have become so very popular over the last two decades. How Tax Holidays Work.

Taxes 101
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Simon Properties Earnings Show Positive Trends For Brick-And-Mortar Retail

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Simon addressed several issues on the company’s earnings call from tax relief to the pandemic to its joint venture with Brookfield Properties to take over operations at JCPenney. We have withstood lack of federal and state help, especially in real estate taxes. We have withstood COVID. We have withstood government shutdowns.

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Can South Dakota Move The Needle On A Federal Online Sales Tax?

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This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. Fields, chair of Morrison & Foerster LLP’s state and local tax group, told Bloomberg BNA.

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New Orleans Hack Causes Vendor Payment Delays

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As a result, New Orleans Mayor LaToya Cantrell said she extended the deadline for tax payments until Feb. New Orleans police and court employees are now able to get into their computer systems, and court operations are anticipated to restart soon. 27, officials said. The ransomware attack on Dec.

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