PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. . SSUTA’s Role in South Dakota v.

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PYMNTS

MARCH 12, 2019

Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. Treasury’s top international tax official, called the taxes “ill-conceived,” and said the better option was to go after tax reform internationally at the Organisation for Economic Co-operation and Development ( OECD ).

Taxes 132

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PYMNTS

OCTOBER 14, 2019

Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. Companies with annual global revenues of $827 million and digital services of $6 million in Italy will be subject to the tax.

Taxes 116

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PYMNTS

MARCH 15, 2019

With the first tax season post-tax reform nearing completion in the U.S., Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Tackling Tax.

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Taxes South Dakota Software Survey 193

PYMNTS

NOVEMBER 29, 2019

By some estimates, total dollars spent online through the holidays should grow by about 14 percent, to as much as $143.7 And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. States have been defining their parameters for economic nexuses.

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PYMNTS

DECEMBER 16, 2020

Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to navigate a post-COVID future? The ability to order food online and the ability to pay for it digitally came in a close second and third, cited by 38.5

National 160

National New York City Policies New Jersey 160

PYMNTS

OCTOBER 24, 2019

Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court.

Taxes 101

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PYMNTS

NOVEMBER 7, 2019

The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. Depending on how far afield they expand, those issues can span currencies, locally preferred payment methods and, increasingly, taxes. Last year, in the case of South Dakota v.

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Taxes South Dakota Online Compliance 100

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

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.

Taxes 141

Taxes Google Compliance Apple 141

PYMNTS

SEPTEMBER 30, 2019

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. In one example, Indonesia is “already preparing legislation” that would require tech companies with online services to pay value-added tax on local sales, the report noted. Libra, Too.

Taxes 133

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BankBazaar

OCTOBER 1, 2022

Additional Reading: A Millennial’s Guide To Tax-Saving Investments. Say hello to the National Pension Scheme (NPS). NPS is an easily accessible and portable retirement savings instrument that is low cost and tax efficient. As per the 1961 Income Tax Act, NPS offers tax benefits of up to Rs.

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PYMNTS

FEBRUARY 23, 2017

While most adults typically are excited about receiving their tax refunds to splurge on luxury items, research from the National Retail Federation (NRF) and Prosper Insights & Analytics is telling a different story. Here are the numbers: 48 percent | Percentage who plan to put tax refunds into savings.

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Taxes Data Analytics Survey 100

PYMNTS

MARCH 21, 2018

The European Commission is gearing up to propose new rules later Wednesday (March 21) that would require digital companies to pay more taxes — and the rules could include U.S. The news service noted it’s not a slam dunk that the new tax requirement will be approved. technology companies Google and Facebook.

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Taxes Company Google Meeting 101

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

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Retail Online Cards Data 218

PYMNTS

NOVEMBER 1, 2018

Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 For online sales, the calendar might provide a bit of a boost: due to an extra day in the period spanning from Cyber Monday to Christmas, a $284 million rise in sales could occur. retail websites. percent this year.

Online 160

Online United States Retail Analytics 160

PYMNTS

SEPTEMBER 1, 2016

One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. Would collecting sales tax 100 percent of the time take a bit out of Amazon’s bottom line? Recent data suggests — probably not.

Taxes 101

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PYMNTS

JUNE 5, 2020

Large international organizations, in addition to small to mid-sized businesses (SMBs) are using CitiDirect BE to take in funds, pay suppliers, ensure sufficient cash flow and pay taxes and bills, American Banker reported. million this March from 3.7 million in the same month last year.

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Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. For example, the Bahamian government is planning on allowing Bahamians to pay their taxes using Sand Dollars. Crypto Conference.

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PYMNTS

JUNE 5, 2020

His conversation with Karen Webster took place after Citi Ventures added new features to the City Builder online platform — a digital offering launched at the end of last year that connects investors with “opportunity zones.”. Securities and Exchange Commission and other sources, including the National Council of State Housing Agencies.

Online 134

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PYMNTS

FEBRUARY 21, 2018

Walmart also expanded its buy online/pick up in store capacity, grew its digital payments platform ( Walmart Pay ) and generally re-centered its focus on integrating its massive physical scale with its upgraded eCommerce efforts. That mild miss, Walmart noted, came as the firm pulled forward some investments for tax purposes.

Online 100

Online Taxes Branding Retail 100

PYMNTS

AUGUST 28, 2019

The Blockchain-as-a-Service (BaaS) model enables organizations to start using Kadena’s blockchain by quickly provisioning it online, significantly reducing the cost and time-to-market associated with the on-premise installation of other blockchain solutions. The current policy is a non-policy.

Policies 116

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PYMNTS

JANUARY 18, 2017

17), Square revealed a partnership with Australia-based Weebly, an eCommerce-as-a-Service company, to help entrepreneurs and SMEs launch online. Together, Weebly will enable its small businesses to access Square’s financial solutions in an effort to help these companies transact both online and off. On Tuesday (Jan.

Online 100

Online Taxes National Payments 100

South State Correspondent

JUNE 7, 2023

Bank ERC Background Bank ERCs is a refundable tax credit available to businesses, including financial institutions, affected by the global pandemic as granted under the CARES Act and modified by the Relief Act. For employers with 500 or fewer employees, all wages paid to employees can be qualified.

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PYMNTS

APRIL 28, 2019

If the bill passes, government agencies in Ohio could use blockchain for recording car titles or tracking hunting licenses online, noted the report. It is the first state to let businesses pay their taxes with cryptocurrency. company to pay taxes with bitcoin. company to pay taxes with bitcoin. “We

Ohio 149

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PYMNTS

JUNE 7, 2016

In addition, said Arora, mobile usage is prevalent among India’s citizens (rather than, say, desktops), and so for Biz2Credit, the use of mobile features and “making it very easy to call” or work with online lending, even via text messaging, is important to establishing an online lending presence in India.

Online 100

Online Lending Course Risk Management 100

PYMNTS

AUGUST 29, 2019

The Australian Taxation Office (ATO) says killing off the paper invoice is critical to promoting corporate compliance and business growth as the nation readies to end its use of physical invoices. billion gap in tax payments, with cash-only businesses leading the tax-dodging behavior.

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Compliance Taxes National Regulation 109

BankBazaar

MARCH 14, 2024

Maximise Tax Savings If you’ve opted for the old tax regime, utilise all available tax-saving avenues to minimise your tax liability. Invest in tax-saving instruments such as Public Provident Fund (PPF), Equity Linked Savings Schemes (ELSS), National Pension System (NPS), or Tax-Saving Fixed Deposits.

Taxes 78

Taxes Resources Management Security 78

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

SEPTEMBER 21, 2020

European Commission Vice President Vera Jourova said the new European Democracy Action Plan aims to fight online disinformation that could influence elections in EU countries. EU Undecided Whether To Appeal Ruling Upholding Apple’s Irish Tax Breaks . EU Will Implement Digital Tax Next Year Unless Global Rules Pass .

Google 147

Google Taxes Compliance Regulation 147

PYMNTS

JULY 3, 2018

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. Those that felt ready had invested in knowledge of local markets and tax codes, new tech and/or new vendors. Chargehound. AvidXchange.

National 101

National Charlotte Regional Operations 101

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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ABA Community Banking

SEPTEMBER 23, 2024

By Christopher DelporteA fintech startup has created what it claims is the first online bank-to-bank marketplace designed to help financial institutions mitigate asset risk.

Miami 52

Miami National Regional Fintech 52

BankBazaar

JANUARY 15, 2024

This blog navigates the complexities of smart savings, emphasising the power of compound interest, tax-efficient tactics, and the integration of technology to empower people to succeed in safeguarding their financial future. Tax-Efficient Savings: Planning your taxes is a key part of saving money.

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BankBazaar

JANUARY 31, 2020

To this end, the government proposed a slew of changes and incentives among which was a major tax rejig. The FM said that GST has integrated the economy and consolidated multiple taxes. Check out the latest Income Tax slabs for your reference: Income Tax Slabs 2020-21. Tax Changes. Income Tax Calculator 2020.

Taxes 146

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PYMNTS

MARCH 19, 2020

lawmakers are reportedly introducing a digital services tax of as much as 2 percent of revenues tied to business activities in the country. The government has said the tax is aimed at “large multi-national enterprises with revenue derived from the provision of a social media service, a search engine or an online marketplace to U.K.

Google 174

Google social media Taxes Software 174

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. Only 6 percent bank with online banks, while 18 percent use community banks and 15 percent use credit unions.

Taxes 144

Taxes America National Community 144