PYMNTS

FEBRUARY 14, 2020

Amazon and Flipkart are pushing back against a proposed Indian tax on the online eCommerce market, saying it will stymie growth in the industry, according to a report by Reuters. . The proposed tax is a piece of a bigger plan by Indian Prime Minister Narendra Modi. billion people in India pay income tax.

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PYMNTS

AUGUST 27, 2019

The Australian government is preparing a strategy to combat tax dodging among small businesses amounting to an estimated $11 billion in missing tax payments, News.com.au reported Monday (Aug. billion small business “tax gap” — the difference between income tax collected and what small businesses actually owed.

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Taxes Report National Strategy 100

PYMNTS

APRIL 1, 2019

California is gearing up to get a tax windfall from all the initial public offerings of California companies slated for this year. According to a report in The Wall Street Journal , close to 10 percent of the tax revenue for the state in the coming fiscal year will come from capital gains. billion, noted the report.

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California Taxes Report Capital 126

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.”.

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PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

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PYMNTS

NOVEMBER 16, 2018

Cloud accounting software firm Xero is broadening its reach in the small business tax filing space through an acquisition of Instafile. ZDNet reported this week that Xero, based in New Zealand, will acquire U.K.-based based Instafile to integrate its cloud-based tax preparation and filing solution.

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PYMNTS

MARCH 6, 2019

EY announced in a press release this week that its new crypto accounting tool targets the tax preparation process. The CAAT solution automates data collection and automatically generates reports for visibility and analytics, while supporting IRS tax return preparation.

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Taxes cryptocurrency blockchain Tools 139

PYMNTS

JANUARY 21, 2020

To get a better handle on crypto – and to boost government coffers, perhaps – change the tax designation (and rules, of course). As initially reported by The Korea Times , and as attributed to anonymous government officials, the ministry has directed its income office to examine the taxation of cryptos. Tax Policy Still Fluid.

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PYMNTS

NOVEMBER 25, 2019

Isaacson, a lawyer, Bowdoin College professor, senior partner at Brann & Isaacson and Data & Marketing Association tax counsel, argued Wayfair’s side in the precedent-setting Supreme Court case that has small businesses struggling. is the only country that has such a complex consumption tax system.” .

Taxes 132

Taxes South Dakota Compliance Policies 132

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.

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Taxes Google Data Regulation 130

Abrigo

FEBRUARY 7, 2020

This morning’s Employment Situation report from the Bureau of Labor Statistics showed decent strength in labor markets. The post A Strong January Employment Report appeared first on Abrigo. In January, there were 225,000 new jobs added, significantly higher than the 161,000 jobs predicted.

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Report Taxes Data Marketing 195

PYMNTS

AUGUST 7, 2019

The European Central Bank (ECB) said in a report that fixing cryptocurrency asset data gaps still presents a sizable challenge for financial institutions as well as regulators, Cointelegraph reported. Ted Budd (NC) has reintroduced the Virtual Value Tax Fix Act, Coindesk reported. Budd’s legislation comes after U.S.

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Taxes Bitcoin cryptocurrency Regulation 129

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. It is probable that size and market share will be determining factors in who lands on the “Big Tech hit list.”.

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Taxes Compliance Regulation Google 143

PYMNTS

JANUARY 6, 2020

As 2020 dawns, regulators are continuing to focus on taxes and possible anti-competitive behavior on the part of tech’s marquee names. As reported last week, hardware spanning computers and mobile devices sold in Russia will be required to have Russian software pre-installed beginning July 1, according to The Hollywood Reporter.

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Taxes Regulation Samsung Google 131

South State Correspondent

MAY 4, 2022

Market Awaits FOMC Decision and Powell’s Comments. As we said on Monday, if recent history is any guide, expect Powell to sound more hawkish than the market expects. Powell will certainly let the market know those numbers and whether those reductions will begin this month or in June. – – – 3.06.

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Marketing Meeting Conference Taxes 195

PYMNTS

NOVEMBER 22, 2020

taxpayers stand to absorb a hit of about $435 billion from borrowers’ failure to repay student loans currently on the federal government’s book, the Wall Street Journal reported Saturday (Nov. Department of Education and two private consultants that helped the agency review the situation, the WSJ reported.

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Report Chicago Analysis Taxes 283

PYMNTS

NOVEMBER 2, 2020

Europe Plans To Publish Digital Services Act, Digital Markets Act Drafts. The Digital Markets Act is a second set of regulations. They will have two pillars, which Vestager described as a do’s and don’ts for large digital gatekeepers and a “harmonised” market probe blueprint “across the single market.”. Regulation.

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Taxes National Regulation Google 212

PYMNTS

JULY 13, 2020

South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. .”

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Taxes Bitcoin Capital cryptocurrency 170

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. States can now tax sales by companies that do not have a physical presence within the state. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces.

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PYMNTS

JANUARY 10, 2019

After the holiday season comes tax season — everyone’s favorite time — but at least the payment of taxes, along with the tax refund process, promises to become even more digital this year. And digital payers are striving to win more business from tax filers this year. Rise of Quicker Payments. New Products.

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Taxes Report Payments System 120

PYMNTS

DECEMBER 18, 2018

France, which had vowed to start taxing Google , Apple , Facebook , and Amazon in December if the European Union failed to agree on a digital tax, now says the tax will be implemented on January 1. If the European states do not take their responsibilities on taxing the GAFA, we will do it at a national level in 2019.”.

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Taxes Google Apple Company 128

PYMNTS

NOVEMBER 16, 2020

Lau’s comments came when the China-based company registered a September quarter that exceeded expectations due to spiking demand for digital games, Nikkei Asia reported. "As Group Seeks to Block Maryland Online Advertising Tax. Group Seeks to Block Maryland Online Advertising Tax. Larry Hogan vetoed the levy.

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Maryland Taxes Online Groups 151

PYMNTS

DECEMBER 17, 2018

17) that he wants France to start taxing big tech giants beginning Jan. 1, 2019, according to a report. He pushed for an EU-wide digital tax for the end of 2018. He pushed for an EU-wide digital tax for the end of 2018. “We He expects the new tax revenue could be up to $565 million in 2019.

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Taxes Google Apple Meeting 122

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

JULY 31, 2019

Albania has announced it will implement a new online billing system to prevent businesses from circumventing tax payments and to boost revenue in the country, according to a report by Reuters. The minister said that 1,600 hotels on a booking site were not registered with the proper tax authorities.

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Taxes System Compliance Online 116

PYMNTS

APRIL 4, 2018

In the rideshare market, for example, Uber and Lyft are allowing drivers to get paid more quickly, and with greater flexibility, than waiting for payday to roll around. Introducing the new Smarter Payments Tracker , a report following the latest developments reshaping and improving the payment experience. About the Tracker .

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Taxes Report System blockchain 100

PYMNTS

FEBRUARY 18, 2020

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The Wall Street Journal (WSJ) reported on Monday (Feb. A dip in private consumption was blamed on the hike in the national sales tax to 10 percent on Oct. percent contraction.

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Taxes Security Industry National 130

PYMNTS

FEBRUARY 10, 2019

Jay Clayton, chairman of the SEC, has said he doesn’t see that happening until worries about market manipulation are addressed. In other news, New Hampshire is considering a law that would allow residents to pay their taxes with cryptocurrency. Carol McGuide, who is serving on the subcommittee.

Bitcoin 184

Bitcoin Taxes New Hampshire Payments 184

PYMNTS

SEPTEMBER 8, 2020

The Federal Trade Commission (FTC) is looking into Intuit over its TurboTax product, as the company allegedly was tricking customers into paying for what they could've gotten for free, according to a ProPublica report.

Marketing 150

Marketing Taxes Tools Report 150

PYMNTS

JANUARY 8, 2019

Stocks in Mexico rose on the news that the country’s government would cut the tax rate for equity IPOs, and allow private pension funds the chance to invest in more instruments. Financial Times reported that Mexico’s IPC stock index was trading at 1.6 The tax rate for new equity will get slashed to 10 percent from 30 percent.

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Taxes Marketing Capital Company 109

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. After all, commerce is increasingly done across state lines, and remote sellers have the lure of selling into new and far-flung markets. States have been defining their parameters for economic nexuses.

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Taxes South Dakota New York Nebraska 134

Independent Banker

DECEMBER 31, 2021

To satisfy the banking needs of some commercial and high-net-worth clients, some community banks provide trust and tax strategy services. These banks report that specialized services are a way to deepen their already close customer relationships. For some banks, those services include specialty trust and tax strategy services.

Taxes 91

Taxes Community Bank Community Strategy 91

Bobsguide

MAY 10, 2022

Why Australia Benchmark Report 2022 released. The Why Australia Benchmark Report 2022 shows that Australia is recovering well from COVID-19, highlighting its attractiveness as a destination for global investment and trade. The report is produced by the Australian Trade and Investment Commission (Austrade). Resilient economy.

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Report National Fintech Industry 148

PYMNTS

OCTOBER 11, 2019

In the digital age, it’s become easier than ever for companies of all sizes to broaden their reach and sell to new markets. But along the way, global digital sales also carry a host of regulatory hurdles when it comes to satisfying various tax regimes.

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Taxes Course Company Training 123

TheGuardian

AUGUST 9, 2022

Investment group goes into red amid ‘market turbulence’ and withdrawal of £24bn linked to cancelled Lloyds deal The investment group Abrdn plunged into the red in the first half of the year, after being hit by market turmoil and the withdrawal of more than £24bn of assets linked to a cancelled deal with Lloyds Banking Group.

Taxes 91

Taxes Groups Branding Marketing 91

PYMNTS

FEBRUARY 25, 2020

New Zealand is considering changes to its treatment of cryptocurrencies, including dropping a tax on goods and services that many people are unhappy with, according to CoinDesk. The goods and services tax (GST) is unpopular with some. That means a “double tax” could later be applied with income tax, after the coin has changed hands.

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Taxes Bitcoin Operations cryptocurrency 141

PYMNTS

MAY 7, 2018

China introduced new tax initiatives aimed at bolstering the nation’s entrepreneurs, according to local news reports on Friday (May 4). Vice finance minister Cheng Lihua introduced seven new tax policies during a press conference Friday, with the goal of saving small businesses $9.45

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Taxes Policies Conference Training 100