PYMNTS

AUGUST 30, 2019

The only certainties in life, the saying goes, are death and taxes. We’ll underscore the certainty of the latter — taxes — for eCommerce firms and sales taxes , especially. Although taxes may be certain — just how much tax is due, and where, and perhaps even when, are all variables that are far from certain.

Taxes 136

Taxes South Dakota United States Policies 136

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

Taxes Company US social media 132

PYMNTS

MARCH 12, 2020

The joys of tax season: complex paperwork, long wait times and check disbursements. Many United States consumers are still reliant on paper checks when it comes to receiving their tax refunds, which represents the largest sum of money many of them will receive at one point during the fiscal year.

Taxes 130

Taxes Millennials United States Innovation 130

PYMNTS

DECEMBER 26, 2019

Italy has announced that it’s going to follow in France’s footsteps and tax big tech companies, a move that threatens to further complicate relations with the United States over the issue, according to a report by The Wall Street Journal. France recently announced a similar move, and the new Italy tax will take effect on Jan.

Taxes 130

Taxes United States Google Apple 130

PYMNTS

NOVEMBER 25, 2019

Isaacson, a lawyer, Bowdoin College professor, senior partner at Brann & Isaacson and Data & Marketing Association tax counsel, argued Wayfair’s side in the precedent-setting Supreme Court case that has small businesses struggling. is the only country that has such a complex consumption tax system.” .

Taxes 132

Taxes South Dakota Compliance Policies 132

PYMNTS

JANUARY 21, 2020

To get a better handle on crypto – and to boost government coffers, perhaps – change the tax designation (and rules, of course). Under rules governing “other income,” a 20 percent rate is levied on 40 percent of total other income; the remaining 60 percent can be tax-deductible. Tax Policy Still Fluid.

Taxes 130

Taxes Policies Capital United States 130

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 9, 2018

Two years after legislators in New Hampshire decided that they would not allow their citizens pay their taxes with bitcoin, the Arizona state legislature is mulling a bill that would pave the way for people to pay their Arizona taxes with cryptocurrencies, Coindesk reported.

Arizona 111

Arizona Taxes New Hampshire cryptocurrency 111

PYMNTS

NOVEMBER 29, 2018

Federal authorities in Germany raided six offices of Deutsche Bank on Thursday morning (November 29), searching for evidence about money laundering and offshore tax havens, according to a report by The Wall Street Journal. The searches could very well continue into Friday, authorities said.

Taxes 129

Taxes United States Report Company 129

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy.

Maryland 151

Maryland Taxes Online Groups 151

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

MARCH 19, 2018

Tax season, indeed. The regulatory landscape was dotted with news out of Europe centered on the way that tech firms do business — and how they’re taxed. As for taxes , tech behemoths under scrutiny across a separate proposal might face taxation on digital activities of as much as 3 percent of turnover.

Taxes 122

Taxes United States Community Bank Analytics 122

PYMNTS

MAY 2, 2016

The Internal Revenue Service has estimated that the business of tax evasion is a costly one for the government. Tax cheats cost the government as much as $458 billion annually, according to data tabulated between 2008 and 2010. And the IRS has stated that it expects to recover about $52 billion of that aforementioned $458 billion.

Taxes 100

Taxes US United States Fraud 100

PYMNTS

JANUARY 8, 2021

In today’s top payments news around the world, the United States is halting tariffs on French products, while the Cyberspace Administration of China is considering a revamp of internet oversight regulations. The United States is scrapping an effort to place tariffs on $1.3

Online 200

Online United States US Taxes 200

PYMNTS

SEPTEMBER 5, 2017

With a growing number of automated machines performing jobs and tasks that could eliminate jobs, one San Francisco official is pushing a statewide “tax” in California on robots that put people out of work. Kim is launching a statewide campaign to bring revenue-raising ideas to the state legislature or directly to voters.

San Francisco 108

San Francisco Taxes San Jose United States 108

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

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride.

Bitcoin 123

Bitcoin Taxes cryptocurrency Regulation 123

PYMNTS

AUGUST 16, 2020

We want to be certain they do have benefits, that we do pay taxes on those workers.”. In addition, employers must pay taxes for workers, including one half of their social security and Medicare taxes along with state unemployment taxes. Earlier this year, Takeaway agreed to a $7.8 20 to reclassify their drivers.

San Francisco 253

San Francisco Taxes California United States 253

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. . Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

Taxes 101

Taxes Mobile Management blockchain 101

MyBankTracker

MARCH 24, 2021

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. percent) of a tax refund for the 2021 tax season.

Taxes 52

Taxes Survey Study United States 52

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.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

Abrigo

JUNE 27, 2023

In 2016 when the Panama Papers exposed an international network of offshore entities involved in tax evasion, fraud, and sanction evasion, some of which included real estate holdings, regulations began to change. of the United States GDP, with estimates exceeding $3.9 In 2017, over 5.51 In 2017, over 5.51

El Paso 195

El Paso United States Miami New York City 195

PYMNTS

MAY 6, 2020

The pandemic has shut down brick-and-mortar casinos in markets like the United States to help minimize risk, for example, leading consumers to turn to online casinos and sportsbooks. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

Online 222

Online Taxes United States Industry 222

PYMNTS

JULY 7, 2019

In an interview, McAfee also revealed that he believes that income tax is illegal and will run for the Libertarian Party nomination for U.S. tax authorities. He said he did not pay income tax for eight years for ideological reasons and was indicted. trade embargo. president. “It It would be trivial to get around the U.S.

United States 121

United States US social media Taxes 121

PYMNTS

SEPTEMBER 3, 2019

Taxes, Too. Separately, and in reference to tax policy, the United States and France have agreed to settle differences over a digital tax that had been levied by France on large tech companies, as CNBC reported. Mersch added that against that backdrop, regulators must assess jurisdiction over Libra.

Guidelines 116

Guidelines Regulation Taxes United States 116

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

PYMNTS

NOVEMBER 12, 2019

April is months away, but tax season is likely top of mind for crypto holders. To that end, in the United States, the Internal Revenue Service (IRS) has said that huddling with other tax authorities across the globe has helped train a spotlight on how to detect and thwart tax evasion efforts.

Taxes 101

Taxes Bitcoin cryptocurrency Fraud 101

Finer Points

AUGUST 18, 2015

The United States has three branches of government to prevent any one from having too much power. The tax-exempt credit union industry apparently skipped this civics lesson because it obviously doesn’t believe it should have to listen to Congress. Current […].

United States 100

United States Taxes Lending National 100

PYMNTS

MARCH 27, 2018

That’s a pretty healthy investment that the businesses of the United States are expensing instead of investing a very small amount of that in dealing with these financially stressed employees.”. What happens is our systems are integrated with thousands of employers’ payroll systems across the United States.

Taxes 101

Taxes United States Lending System 101

PYMNTS

JANUARY 27, 2020

More workers in the United States and around the world are beginning to ask for updated expense tools as business becomes more interconnected. How Business And Their Workers Can Avoid Frustrating Tax Mistakes. Manual systems can do more than exacerbate tax season frustrations, however. About The Playbook.

Management 160

Management Taxes Tools Metro 160

MyBankTracker

MAY 20, 2020

That is, it can feel like a windfall of cash – until, that is, you realize you need to report taxes on the interest earned. Still, while the tax part may not be loads of fun, it’s always nice to end up with some unexpected cash. savings bonds that were issued on paper or electronically, and how to report it on your taxes.

Taxes 52

Taxes How To Report Course 52

The Paypers

FEBRUARY 8, 2018

(The Paypers) The United States Supreme Court has decided to revisit Quill Corp. North Dakota, a 1992 ruling that allowed states to collect taxes on online sales only from sellers that had a physical presence within their boundaries.

North Dakota 31

North Dakota Taxes United States US 31

PYMNTS

JULY 15, 2019

Separately, in Oklahoma, a computer software company owner has pleaded guilty to payroll tax fraud. intentionally caused” the United States a tax loss of more than $1 million. That came as the executive had not paid income and Social Security tax withheld from employee wages. Grayson Jr., owner of Zealcon Corp.,

Fraud 109

Fraud Cards Taxes Payments 109

PYMNTS

MAY 2, 2016

It’s a big litigious party out in South Dakota these days, as the state is suing four eCommerce merchants for their lost sales tax – and different merchants (in a separate suit) are suing right back. According to various reports , the case could well find itself being settled by the United States Supreme Court.

South Dakota 100

South Dakota North Dakota Taxes United States 100

Abrigo

MARCH 3, 2023

Fraudsters will steal personal checks, business checks, tax refund checks, and checks related to government assistance programs. Fraud, including check fraud, is the largest source of illicit proceeds in the United States and is one of the anti-money laundering/countering the financing of terrorism (AML/CFT) National Priorities.

Fraud 195

Fraud United States Trends Software 195

PYMNTS

JANUARY 3, 2020

Drivers in the United States purchased fewer new vehicles in 2019 than in prior years but spent a record amount of money to buy them. The year 2019 may go down as a landmark in the annals of tax policy. US 2019 Auto Sales Were Lowest In Five Years.

CA 130

CA Lending Apple South Dakota 130

PYMNTS

AUGUST 20, 2018

Mobile wallets, arguably built to solve problems that few consumers had , are again taking on a common hassle faced by travelers who cross international borders: getting those refunds on local taxes. For the South Korean service, Chinese tourists claim tax refunds via their mobile apps, and can skip tax refund counters altogether.

Taxes 101

Taxes Mobile United States Trends 101