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. retail sales. retail sales. Billions of Dollars at Stake.

Taxes 119

Taxes South Dakota Online US 119

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

OCTOBER 19, 2020

OECD’s Tax Reform To Be Presented To G20. The Organization for Economic Cooperation and Development (OECD) , which is based in France, said its worldwide tax reform blueprint will be put in front of the Group of 20 finance ministers. France Will Proceed With Controversial Digital Services Tax Plan.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

FEBRUARY 14, 2020

Europe has long sought to make very profitable Big Tech companies conducting business through the web pay tax where they sell their offerings instead of in tax havens. The continent now wants global financial leaders to make taxing digital giants a priority in 2020, Reuters reported. over the matter.

Taxes 140

Taxes United States Google Washington 140

PYMNTS

FEBRUARY 26, 2020

Software developer and Ukrainian native Volodymyr Kvashuk, 25, from Renton, Washington, worked for Microsoft from 2016 to 2018, and was tasked with testing Microsoft’s online retail sales platform. On fake tax returns, he said the bitcoin was gifted to him from a relative. million in bitcoin.

Fraud 207

Fraud Bitcoin Washington Taxes 207

PYMNTS

JANUARY 19, 2017

This week’s announcement is an expansion of the program, which is now available in New York City, Boston, Chicago, Washington, D.C., Riders need to first decide how much pre-tax income they’d like to contribute to the account, with the maximum being $255 for the 2017 year.

Taxes 100

Taxes Las Vegas San Diego Los Angeles 100

PYMNTS

OCTOBER 25, 2019

tax laws, and some businesses and public sector stakeholders are now pushing back. The case ushered in a wave of state- and municipality-issued economic nexus laws that tax remote sellers based on economic activity rather than physical presence. The 2018 South Dakota v. Wayfair ruling paved the way for broadened U.S.

Taxes 100

Taxes South Dakota Policies Compliance 100

PYMNTS

APRIL 27, 2020

Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments , doled out in the wake of a pandemic known as the coronavirus. The trillions of dollars in stimulus funding and tax refunds being extended to families, individuals and businesses is coming — but slowly. Tax refunds? Very slowly.

blockchain 272

blockchain Taxes Industry Payments 272

PYMNTS

AUGUST 10, 2020

the New York-based athletic retailer, reported comparable store sales increased by 18 percent in the second quarter (Q2) that ended Aug. In June, Nike CEO John Donahoe said the financial crisis would likely see the athletics retailer cutting jobs after a $790 million loss in revenue in the fourth quarter (Q4). Foot Locker Inc.,

Report 135

Report New York City New York Washington 135

PYMNTS

OCTOBER 19, 2018

According to a person with a understanding of the visits, the eCommerce retailer visited Chicago, New York City and Chicago, The Wall Street Journal reported. That could enable the retailer to keep its choice unknown ahead of an announced decision.

District of Columbia 135

District of Columbia Indianapolis New York City New York 135

PYMNTS

FEBRUARY 21, 2020

Looks like retail sales are back on the street. The IRS is committed to fairness in the tax system, and we want to remind people across all income categories that they need to file their taxes,” said Paul Mamo, director of collection operations for the agency’s small business and self-employed division.

Taxes 141

Taxes Boston Course Florida 141

PYMNTS

DECEMBER 5, 2018

They do have some trepidations, however, as polled residents were split over the finer points of the multibillion-dollar incentive package that was offered to lure the online retail giant to the area. The other HQ will be in Crystal City in Arlington County near Washington, D.C. percentage points. percentage points.

Arlington 100

Arlington New York New York City Taxes 100

PYMNTS

APRIL 10, 2020

For example, Seattle announced that it will allow eligible businesses to defer business and occupation taxes and expand its Small Business Stabilization Fund. Local efforts will never be able to match the scale of federal relief packages, but they do have one advantage the feds do not: speed,” reported Washington, D.C.

Maine 141

Maine Seattle San Francisco New York City 141

PYMNTS

DECEMBER 16, 2020

That roster includes Washington State, New Jersey, Chicago and New York City. As PYMNTS reported in this space earlier in the month , the aggregators have faced challenges from several states and cities that have instituted caps on the fees that can be charged to restaurants.

National 160

National New York City Policies New Jersey 160

PYMNTS

MARCH 25, 2016

The rub, the backbone of the system and, until about 15 years ago, the way NPR — the Washington D.C. The beholdenness to those stations, Benton thinks, is causing NPR to put a strategy tax on its digital properties. So Why Should A Retailer Care? Those Local Affiliates — And Why They Matter More Than Anyone Understands.

Retail 100

Retail National System Alaska 100

PYMNTS

OCTOBER 17, 2018

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. Recreational marijuana may be legal now, but many FIs remain reluctant to conduct business with marijuana retailers, due to the industry’s controversial nature.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

MAY 8, 2020

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. She believes lockdown orders created a loophole that allowed large chains that offer essential retail to continue selling non-essential goods like toys and electronics. There is no shortage of other larger scale ideas.

Maine 142

Maine Groups San Francisco Lending 142

PYMNTS

NOVEMBER 13, 2018

By selecting New York City, Amazon will also get a refundable tax credit, via New York State’s Excelsior Program, that could total $1.2 Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.

New York City 115

New York City Virginia Arlington New York 115

PYMNTS

JUNE 29, 2018

NBC News reported that national, regional and local merchants are testing Google Shopping Express with big-name retailers including Target and Walgreens. Google hired a courier service to pick up the orders at the retailer’s stores and deliver them to customers’ home or office, noted the report.

San Francisco 100

San Francisco Google Seattle Washington 100

PYMNTS

APRIL 27, 2016

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. Now legal in 23 states, with recreational use also legal in Alaska, Colorado, Oregon and Washington, marijuana is very much still a cash-based business.

Taxes 100

Taxes Colorado Alaska Cards 100

PYMNTS

MAY 22, 2017

The Post stated that even as Macy’s and Walmart and other marquee names in retail are shuttering stores in suburbia, some smaller malls are transforming. Penney here, we actually get tax revenue off of that? The old-fashioned mall, the one that sits as both center of commerce and center of social life, may have staying power.

Denver 100

Denver Regional Case Study Washington 100

PYMNTS

OCTOBER 24, 2019

The coming holiday season — so important to retailers — promises to bring quicker deliveries to more consumers, more commerce-enabled homes and less revenue than expected for Amazon. 24), and as always happens, it painted a picture of where online retail is, and where it’s headed. billion — analysts had expected Q4 revenue to hit $87.4

Conference 100

Conference Retail Trends Washington 100

PYMNTS

JULY 19, 2017

While acknowledging we cannot speak precisely for this cohort, rising anxieties about the future outlook could be clouded by the gridlock in Washington, the latest highly regressive healthcare and tax policy proposals … anti-immigration rhetoric, and rising financing rates on non-mortgage consumer credit (e.g.,

Survey 101

Survey Washington Taxes Policies 101

PYMNTS

NOVEMBER 6, 2020

For a cool $125,000, the Everett, Washington-based firm is booking six 10-day missions that will give up to nine qualified citizen scientists a once-in-a-lifetime opportunity to explore and experience this historic memorial site through a 21-inch porthole.

Washington 137

Washington Taxes Survey Meeting 137

PYMNTS

JANUARY 21, 2019

Idaho, Colorado, Maryland and Washington, D.C. In a recent PYMNTS interview , she said the ecosystem for connected cars and trucks — and the retail and payment tasks they do and will support — is rapidly taking shape. “We launched a test in 2016 to secure digital drivers’ licenses, and Wyoming joined the program the following year.”.

Michigan 139

Michigan Wyoming Idaho Maryland 139

Fintech Labs Insights

JULY 9, 2015

Sales tax automation company, Avalara , announced earlier this week that it has integrated with payment acceptance company, Stripe. The integration with Stripe’s subscription billing service and API will make Avalara’s sales tax calculation and compliance services available to companies using Stripe.

Taxes 12

Taxes San Francisco Compliance Washington 12

PYMNTS

FEBRUARY 1, 2017

At least some of that will come from tax cuts, should they come to pass this year, and the rest must, by extension, come from organic growth in sales or leverage at the operating level. Earnings across the financial and tech sectors are expected by consensus to grow by double-digit percentages. The latter may be tough.

Washington 100

Washington Taxes Policies Operations 100

PYMNTS

NOVEMBER 14, 2018

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.”

New York City 122

New York City New York Virginia Chicago 122

Jeff For Banks

JULY 6, 2013

The employee can save all of the needed savings tax deferred. But I disagree with greater control of a national pension system in Washington. I''m not talking about our frequently half-hearted attempt at retail investment sales. Also, Uncle Sam picks up part of the tab. I don''t disagree with the retirement challenge.

Community Bank 102

Community Bank Community National Iowa 102

Independent Banker

JULY 30, 2015

When meeting with our member community banks, the top concern is always the continuing crush of regulatory burden emanating from Washington, D.C. Property tax lenders. Several bills were introduced this session to continue to address issues related to property tax lenders. Data security breaches.

Data 70

Data Texas Community Bank Taxes 70

FICO

MARCH 31, 2016

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. In Washington, we will feature a session that highlights a use case from a leading APAC-based bank.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

JANUARY 10, 2017

Low-income consumers are far more likely to find it difficult to secure mainstream credit sources and are thus much more likely to make use of high-cost alternative credit sources when financial emergencies hit, often in the form of a payday, title, tax refund anticipation or installment loan. And that’s just accessing money itself.

Online 100

Online Chicago New York Mississippi 100

PYMNTS

MAY 24, 2019

“We are striving to attract and retain the best talent in order to win the future of retail and the key component of that is the work environment that we are creating,” said Dan Bartlett, Walmart’s executive vice president of corporate affairs, who is overseeing the project. Particularly when it comes to AI and advertising.

New York 109

New York New York City Vermont Meeting 109

PYMNTS

FEBRUARY 20, 2018

retail banks indicate an almost 20 percent increase in credit card losses across the board during 2017. People are using their cards to get from paycheck to paycheck,” said Charles Peabody, managing director at the Washington-based investment group Compass Point, according to a report in The Financial Times.

Lending 105

Lending Cards America New York 105

PYMNTS

MAY 19, 2017

With the exception of waistlines and maybe taxes, 63 percent growth in anything is pretty good to see. . So it was, sizzlingly so, when Walmart posted its fiscal first quarter numbers Thursday. expected, and slightly missed the projections for the top line, at $117.5 billon vs. the Street at about $117.7 billion. .

Bitcoin 131

Bitcoin Online Lending Washington 131

PYMNTS

JULY 24, 2017

The retail industry is going through a rough transformation. This shift in the way that retailers operate is evident from consumers’ shift to more online purchases as well as brick-and-mortar stores integrating technology aspects into the shopping experience. We’re seeing big-box retailers like J.C. Paul Ryan (R-Wis.),

Taxes 108

Taxes Retail Industry Washington 108

CB Insights

JUNE 6, 2019

The marketplace blended crowdsourcing and social media to create hype around new inventions; help inventors find partners, funding, and manufacturing resources; and sell their gadgets to major nationwide retailers such as Home Depot and Target. Nasty Gal: Applying the hyper-growth model to physical retail is hard. Total Funding: $60M.

Apple 78

Apple Branding Google Company 78