Remove Massachusetts Remove Retail Remove Taxes
article thumbnail

As Consumers Embrace eCommerce, Tax Complexity Grows

PYMNTS

The Supreme Court ruling has started the ball rolling for states and municipalities to tax eCommerce – specifically, out-of-state firms and online marketplaces. But there have already been disputes making their way through the courts, as detailed in the latest Next-Gen Sales Tax Tracker.

Taxes 150
article thumbnail

Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. has hiked the normal commercial property tax rate on vacant property from between $1.65 But it never happened.

Retail 135
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Strange Spending Trends Around Sales Tax Holidays

PYMNTS

According to the National Retail Federation , as of last year parents entered August with about 45 percent of their back-to-school shopping done. Retailers have reason to want to tap into it because back-to-school shopping is an incredibly valuable run of commerce activity. How Tax Holidays Work. That spend is big spend.

Taxes 101
article thumbnail

Deep Dive: Wayfair’s Complex, Ongoing And Unexpected Effects On Retailers

PYMNTS

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .

Taxes 105
article thumbnail

Staples To Debut New Store Format With Coworking, Podcasting

PYMNTS

Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” The store also houses the Staples Studio coworking concept that the retailer has been launching in some Massachusetts locations, as well as three Canadian locations.

article thumbnail

Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

Colorado 126
article thumbnail

Interview: Gary Johnson on How COVID-19 Can Power the Electric Vehicle Market

Perficient

From retail to consumer goods, online and mobile sales are up significantly. What about the tax incentives and credits? For example, some states, such as California and Massachusetts, plan to ban the sale of new gas-powered cars by the year 2035. People are more comfortable than ever transacting digitally.

Marketing 309