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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Taxes Online Policies Philadelphia 132

BankUnderground

OCTOBER 26, 2021

The Bank of England co-organised a ‘ History and Policy Making Conference ‘ in late 2020. History offers policymakers and academics useful case studies that can serve as distant mirrors beyond the study of crises and policy responses to them. Monetary theory and policy in Medieval France. Nathan Sussman.

Policies 133

Policies Taxes Maine National 133

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. At the same time, navigating tax policies is proving to be a complex business. tax policy at Avalara , noted that this holiday season is the second one post-Wayfair. The hard part?

Taxes 134

Taxes South Dakota New York Nebraska 134

PYMNTS

NOVEMBER 2, 2020

UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. streaming company to pay taxes, Techwire Asia reported.

Taxes 212

Taxes National Regulation Google 212

PYMNTS

AUGUST 21, 2018

And as a form of data sharing, a form of record keeping, a direct conduit in transactions, some proponents say that decentralized ledger technology (DLT) can be a salve for an issue front-and-center, as Turkey proves a recent example of daily life roiled by rapid currency devaluation and panic: Namely, monetary policy.

Policies 136

Policies blockchain Taxes Bitcoin 136

PYMNTS

FEBRUARY 7, 2019

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

Taxes 122

Taxes Lending National New York 122

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. One continuing theme that will play out into the new year (and well beyond): taxes. The tax took effect at the beginning of this year. Russian regulators are seemingly taking aim at larger U.S.

Taxes 131

Taxes Regulation Samsung Google 131

PYMNTS

SEPTEMBER 24, 2019

As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

OCTOBER 19, 2020

Keijzer serves as the state secretary for economic affairs and climate policy for the Netherlands, while O is the secretary of digital transition and electronic communications for France. OECD’s Tax Reform To Be Presented To G20. France Will Proceed With Controversial Digital Services Tax Plan. a London news outlet, reported.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

SEPTEMBER 27, 2019

Countries around the globe are launching new digital sales taxes in efforts to improve their revenue streams and create more balanced business environments for domestic brick-and-mortars and foreign eCommerce marketplaces. Around the Next-Gen Sales Tax world. in response, threatened a variety of retaliatory taxes.

Taxes 109

Taxes Trends Policies Compliance 109

PYMNTS

APRIL 12, 2016

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. Instead, it will wipe out those companies that were only seeking a policy loophole and operating in a gray zone.”.

Taxes 100

Taxes Policies Metro Retail 100

PYMNTS

OCTOBER 11, 2019

But along the way, global digital sales also carry a host of regulatory hurdles when it comes to satisfying various tax regimes. When [eCommerce companies] can’t get through the language barrier, the outcome is large-scale tax evasion, whether through ignorance, or whether through deliberate actions across the world.”.

Taxes 123

Taxes Course Company Training 123

PYMNTS

JUNE 21, 2018

States can collect sales taxes from online retailers thanks to a U.S. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. billion in tax revenue in 2017,” according to the report. Do Sales Taxes Really Matter?

Taxes 119

Taxes South Dakota Online US 119

BankUnderground

JULY 17, 2020

This post examines how policy in China supported the Chinese economy prior to the Covid-19 pandemic, drawing on a newly developed toolkit. Policy levers in China have evolved alongside a rapidly changing economy, and there is still some uncertainty surrounding which levers are being pulled – and how hard – at any given point in time.

Policies 116

Policies Taxes Study Lending 116

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

Taxes San Jose Kansas South Dakota 101

PYMNTS

JULY 19, 2018

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

Taxes Trends Massachusetts Louisiana 101

PYMNTS

AUGUST 28, 2019

While our industry is accustomed to cryptocurrencies operating 24/7/365 (like email), fiat currencies have for the most part remained shackled to ‘banking hours’ or ‘business hours.’ The current policy is a non-policy.

Policies 116

Policies National cryptocurrency Bitcoin 116

PYMNTS

MARCH 1, 2020

and would essentially ask for the firms’ audit and consulting operations to be separated. Under the proposal, the firms would make their audit operations fully independent businesses, with separate boards and independent chairs running them. The regulator issued letters to those firms, known as the Big Four, Thursday.

Regulation 230

Regulation Taxes Industry Policies 230

PYMNTS

JULY 16, 2019

Cryptocurrencies such as bitcoin have been exploited to support billions of dollars of illicit activity like cyber crime, tax evasion, extortion, ransomware, illicit drugs and human trafficking,” Mnuchin said, adding that he is “not comfortable today” with the social media giant’s planned launch.

National 187

National Security cryptocurrency US 187

BankUnderground

NOVEMBER 8, 2023

Francesca Diluiso, Barbara Annicchiarico and Marco Carli While climate change is often seen as a long-term concern, climate mitigation policies can have different short-term effects, since they affect the transmission mechanism of conventional macroeconomic shocks.

Policies 80

Policies Regulation Taxes Compliance 80

TheGuardian

DECEMBER 12, 2022

A new study scores the best and the worst accounts based on key issues such as climate and tax avoidance Two US banking giants which launched accounts in the UK have been ranked among the “worst” providers by researchers because of their policies on issues such as the climate crisis and weapons.

US 93

US Operations Taxes Study 93

PYMNTS

SEPTEMBER 23, 2019

“It’s supposed to affect the decision making of businesses to conform to what the party wants,” Samantha Hoffman, a fellow at the Australian Strategic Policy Institute, told the paper. million times last year for offenses such as unpaid taxes and fines. Business ratings are already underway in China. Consumers were also barred 5.5

Taxes 177

Taxes New York System Training 177

PYMNTS

MAY 3, 2016

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.

South Dakota 100

South Dakota Taxes Online North Dakota 100

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

Abrigo

OCTOBER 21, 2024

Indeed, all financial institutions, regardless of strengths of credit culture, policy, or personnel, are in the risk-taking business. 3) Review all the loan documentation and compare operative legal documents with what was approved in the credit package or any amendments. 2) Determine if the collateral is perfected (e.g.,

Strategy 195

Strategy Management Taxes Meeting 195

Abrigo

APRIL 8, 2015

That is what most outside analysts do; however, they do not have control over the policies. Tax liabilities are another source of variability in projecting cash flows. A business is not likely to be in touch with every tax change, and that is why the company hires tax professionals and advisers. The business or CFO does.

Taxes 150

Taxes New York City Exercises Policies 150

PYMNTS

FEBRUARY 28, 2020

Global expansion of business operations is one trend likely to place new pressures on AP departments, said Cichy — in more ways than one. ” There is also the growing risk of tax compliance, as markets like Europe and Latin America move to capture greater tax revenues.

Taxes 209

Taxes Data Fintech Compliance 209

PYMNTS

SEPTEMBER 16, 2020

Establishing trust is crucial for all companies that operate in the sharing economy. Trust is also at the heart of operations for London-based peer-to-peer (P2P) storage marketplace Stashbee , Co-founder Anthony Paine said. and it collects any value-added taxes. . Catering To Renters’ Needs .

Taxes 230

Taxes Guidelines Meeting Security 230

Abrigo

MAY 11, 2021

Not only has the pandemic impacted businesses by shortening operating hours or closing businesses altogether, but it has introduced stimulus money that those same businesses have come to rely on as part of their cash flow, creating new challenges to testing the creditworthiness of prospective borrowers. 20/30/50 split over three years).

Analysis 195

Analysis Lending Taxes Comparison 195

BankUnderground

AUGUST 11, 2022

Anaemic productivity growth and limited business dynamism remain key policy concerns in Europe and the US. Policies to improve macroeconomic performance often target existing firms. It follows that structural policies that successfully shift the mix of start-up types that enter the economy, may generate important macroeconomic impacts.

Taxes 119

Taxes Policies Exercises Examples 119

PYMNTS

DECEMBER 2, 2019

million tax-exempt groups active in the U.S., These organizations need to demonstrate to donors and community members that donations were spent appropriately to retain tax-exempt statuses and encourage future donations. . Strictly abiding by procurement policy is especially crucial for any group that accepts federal funds or grants.

Management 141

Management Taxes Groups Regulation 141

PYMNTS

MARCH 19, 2020

The coronavirus could lead to tens of millions of unemployed workers and could change how businesses operate. HMRC said, per the report, that “businesses of all shapes and sizes” had phoned into the new helpline of the authority to discuss referrals for taxes. The International Labour Organization (ILO) said as many as 24.7 ”

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Taxes National Retail Report 130

PYMNTS

OCTOBER 28, 2019

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

Taxes South Dakota Retail Arizona 105

Abrigo

MARCH 31, 2017

In its latest “Supervisory Insights” publication, the FDIC reiterated the importance of sound credit risk management practices in light of rapid growth in CRE portfolios at some institutions and in light of some institutions operating with a generally higher risk profile.

FDIC 186

FDIC Risk Management Analysis Lending 186

PYMNTS

FEBRUARY 20, 2020

Earlier this week, Japan ’s cabinet proposed a bill that seeks to, as reported by the country’s national daily, The Mainichi , “improve contract transparency” for deals struck by Big Tech firms — specifically, platform operators — and their smaller vendors. That’s due in part to a sales tax boost that now has been hurting consumer spending.

Taxes 178

Taxes Google Apple United States 178

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

SEPTEMBER 28, 2020

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment.

Data 166

Data Management Taxes Meeting 166