PYMNTS
APRIL 24, 2019
Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. After two of the country’s biggest booksellers — Saraiva Livreiros SA and Livraria Cultura — filed for bankruptcy protection last year, Magazine Luiza saw room in the market.
Chris Skinner
JULY 4, 2017
I’ve written a column for The Banker magazine for the last 15 years and, during that time, have collected their special July edition each year. In the 2007 ranking, UK banks collectively made $17.3bn in pre-tax profits, a 32% fall on the previous year, and approximately a quarter of what they made before the financial crisis.
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PYMNTS
FEBRUARY 26, 2019
to allow businesses to pay their corporate taxes in bitcoin. During the first tax season in which crypto payments were an option for Ohio companies, only two businesses in the state actually used cryptocurrency to do so. Yet, when it comes to companies using cryptocurrency for their own payment needs, adoption remains muted.
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.
PYMNTS
AUGUST 4, 2020
Consider the roughly 200 Rhode Islanders who recently received tax refund checks signed by Mickey Mouse and Walt Disney. Their signatures took the place of Rhode Island General Treasurer Seth Magaziner and State Controller Peter Keenan ’s John Hancocks, which should have been on the checks. Roughly 10 percent of U.S.
PYMNTS
NOVEMBER 4, 2019
have resulted in a delay for legislation that is now in draft form, which would include a provision to tax larger tech firms that derive sales from the region. The bill has proposed a 2 percent tax on revenues for firms as diverse as Facebook and Amazon. As noted by Bloomberg last week, the December elections on deck for the U.K.
Abrigo
NOVEMBER 6, 2014
Core tax and accounting services will remain integral to the accounting profession, but accountants may also find opportunities in specialty services, an AICPA leader said this week. Accounting, tax preparation, bookkeeping and payroll services collectively are the most profitable industries in the U.S., percent rate.
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