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Five At Five: France Aims To Tax Big Tech

PYMNTS

Today’s coverage includes the latest European push to tax such companies as Google, Apple, Facebook and Amazon. France’s Finance Minister Wants EU-Wide Digital Tax By Year End. The new tax would apply to Google, Apple, Facebook and Amazon so that they are paying what the government sees as a fairer tax rate in the region.

Taxes 108
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Amazon’s Biggest Campus In The World Opens In India

PYMNTS

Amazon was going to build a huge new headquarters in New York, but eventually decided against it, due to local opposition and despite tax breaks. The company’s next headquarters is being built in Arlington, Virginia. Because of the competition in the region, Amazon has reportedly been considering partnering up with physical stores.

Arlington 170
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Local Governments Move In On Retail Vacancies

PYMNTS

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. Even smaller cities are opting for such taxes.

Retail 135
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Site Visits Fuel Anticipation For Amazon’s HQ2

PYMNTS

However, the suburbs of Montgomery County, Maryland and Northern Virginia, along with the District of Columbia, have “long been speculated to be frontrunners,” according to the paper. That is partly because Amazon Chief Executive Jeff Bezos owns The Washington Post and has a house in the region.

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., billion refundable tax credit is reportedly based on the “percentage of salaries Amazon expects to pay employees over the next decade, or $48K per job for 25K jobs.”

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The Election That Misplaced Small Businesses

PYMNTS

Trade has been a big topic of conversation on the campaign trail, as have debt, taxes, wages, immigration and monetary policy. Businesses were not only unhappy to be facing the problem, but many owners across regions and political affiliations also noted marked discontent with the invisibility of the issue.

Taxes 50
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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. billion in assets.