PYMNTS

JANUARY 11, 2021

US Trade Representative: India, Italy, Turkey Digital Taxes Discriminates Against US Firms. Trade Representative (USTR) recently released the results of Section 301 probes of digital services taxes (DSTs) that Turkey, Italy and India have adopted, finding that each tax “discriminates against U.S.

Taxes 132

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PYMNTS

APRIL 10, 2020

Treasury to assist people who don’t typically file taxes. . The non-filer tool can be used by U.S. The IRS said that the majority of people who filed taxes for 2018 or 2019 will automatically get Economic Impact Payments starting next week. Using the tool does not result in any taxes being owed. .

Taxes 363

Taxes Tools Security Payments 363

PYMNTS

MARCH 13, 2020

Tax season frustrations can blossom into real financial problems, especially when refunds are paper checks sent through postal mail. tax code changes passed in 2017 did not soothe these frictions, either, as they shifted income brackets and altered rates, affecting consumers’ refunds and earnings.

Millennials 160

Millennials Taxes Innovation Operations 160

Chris Skinner

JULY 1, 2020

Things we’re reading today include … Société Générale acquiring challenger bank Shine Banking watchdog drops threat of inquiry into overdraft charges July 4th 2020: how a tax on playing cards and a thwarted tea shipment led to US Independence Day Wirecard administrator starts to dismantle defunct payments group Can BNP … The post (..)

Taxes 331

Taxes Groups US Cards 331

PYMNTS

JULY 29, 2020

Lawmakers want to fix a mix-up in the economic relief CARES Act laws from March that could cost small businesses $120 billion in taxes, The Wall Street Journal (WSJ) reports. That could leave millions of small businesses without a lifeline for their next tax returns.

Taxes 215

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PYMNTS

JULY 22, 2020

In other news, South Korea intends to levy a two-tenths tax on income made via digital currency transactions, The Block reported. The country had been looking to tax digital currency income for more than half of a year. 3, while the revamped tax code could become live as of Oct. 1 of next year.

Taxes 159

Taxes National Bitcoin US 159

PYMNTS

JANUARY 21, 2020

France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due to a dispute with the U.S. The payments were due in April, and Washington took issue with the tax, which it said is unfair and discriminatory toward the U.S. .

Taxes 131

Taxes US Metro Washington 131

PYMNTS

APRIL 10, 2020

TurboTax , the online tax preparation service, has said it is launching a free stimulus registration system to help people who don’t need to file a tax return. Approximately 10 million people in the country don’t have to file taxes, and roughly 80 percent can receive a stimulus check. .

Taxes 216

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PYMNTS

AUGUST 10, 2020

In other cases, stimulus payments were commingled with tax refunds, and were subject to garnishment. The silver lining for us has been Jack Henry,” Waterhouse told Webster. As has been widely reported, millions of Americans had to wait weeks and months for paper checks to arrive. Jack Henry … And Aiming For Ubiquity.

US 345

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PopularBank

MARCH 28, 2025

If you get a tax refund instead of owing money on your taxes, it can be tempting to spend this money. The guide below includes some smart ways to use your tax refund. The items below arent a checklist per se, but more of a discovery of what you can do with your tax refund.

Taxes 52

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Accenture: Banking

MAY 30, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. Key themes. Click/tap to view larger.

Cards 177

Cards US Taxes Apple 177

PYMNTS

MAY 21, 2020

They noted that collecting tax revenue would become more efficient for state and local governments, and added that threats to public safety have increased with cash-intensive business models that are “often the target of criminal activity.”.

System 251

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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

Taxes Regulation cryptocurrency Google 133

PYMNTS

JUNE 16, 2020

Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

US 227

US Cyber Security Security National 227

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. Health Records and Google.

Taxes 130

Taxes Google Data Regulation 130

PYMNTS

JANUARY 8, 2021

US Trade Representative’s Office Suspends Tariffs On French Goods. billion of French products in response to that nation’s revenue tax on Big Tech firms. Trade Representative said in a recent statement, referring to digital services taxes. The United States is scrapping an effort to place tariffs on $1.3

Online 200

Online United States US Taxes 200

Chris Skinner

MAY 25, 2020

Things we’re reading today include … This is why we’re proposing a wealth tax in Spain to help us out of this crisis | Pablo Echenique Companies in new investment fund must be ‘made in Yorkshire’ Goldman Sachs ramps up cash management plans despite coronavirus UBS announces global financing team … The post Things (..)

Taxes 251

Taxes US Management Company 251

PYMNTS

DECEMBER 16, 2020

news publishers, including The New York Times , The Washington Post , NPR , ESPN , Bloomberg and others, have now joined the Coalition for App Fairness , according to a report from 9to5Mac , with the intent to protest the “ Apple tax.”.

Apple 181

Apple Groups US Taxes 181

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. percent to 10 percent.

Maryland 151

Maryland Taxes Online Groups 151

Perficient

JUNE 30, 2022

Ryan Salame, the co-CEO of FTX, said the campus could serve as a bellwether for similar crypto companies looking to take advantage of the island country’s favorable tax and regulatory frameworks. 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

Accenture: Banking

AUGUST 20, 2019

Each quarter, Ryan Douglas from the Card Issuing group compiles key metrics on US consumer credit cards, tracking spend, receivables, loss rates and returns reported by the largest US banks. American Express and US Bank led all issuers in receivables growth with YoY increases of over 8.5 Key themes. Notable happenings.

US 150

US Cards Capital Apple 150

PYMNTS

AUGUST 10, 2020

Bailouts and bankruptcies, and financial and tax tools, may stop the bleeding — but they won’t change why consumers stopped being enamored with the physical retail experience many years ago. That’s not to say that physical retail doesn’t have its place.

Retail 291

Retail US Innovation Report 291

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

FEBRUARY 10, 2020

Chinese Tech Investments In US Plummet. What Amazon At 10 Can Teach Us About Uber At 10. Amazon (And Others) Brace For India’s New eCommerce Tax. India has levied a new tax on eCommerce companies and platforms. In today’s top news, Chinese tech investments in the U.S.

US 142

US Taxes Millennials Payments 142

Perficient

FEBRUARY 24, 2021

If the videos do not provide you with enough information and you need additional specific assistance or expertise on Vertex O Series, please contact us at Perficient. We can assist you with your Vertex integration and configuration, and help you to meet your Indirect tax calculation requirements.

Training 309

Training Resources Video Taxes 309

PYMNTS

JUNE 26, 2019

Bernie Sanders (I-VT) debuted a cancellation plan, which the outlet described as “sweeping,” that would tax transactions of a financial nature. Forgiveness for student loans has become a focal issue of the upcoming 2020 election, and Democratic candidates have been unveiling plans.

Lending 194

Lending Comparison US United States 194

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

Perficient

SEPTEMBER 9, 2020

Do Convert FA Tax Books. If you plan on using Oracle’s tax books, it’s much easier to convert into the Cloud than ever before. Make sure your tax books are setup with the same rules as in your legacy system otherwise data won’t match. We at Perficient are here to help!

Data 322

Data Taxes System Report 322

PYMNTS

DECEMBER 21, 2020

Acima will help us strengthen our organization, accelerate growth and increase our virtual partner base, allowing us to better serve more consumers with the flexibility of LTO,” Fadel said. About $225 million in adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is expected for 2020. .

Utah 263

Utah Retail US Taxes 263

PYMNTS

MAY 1, 2020

Black Knight estimates that the average homeowner in forbearance is missing $1,663 in monthly principal, interest, taxes and insurance. The recently passed federal CARES Act of COVID-19 stimulus requires many lenders to do so. Collectively, that means borrowers are skipping some $6.4 billion a month in payments.

US 183

US Taxes Security Payments 183

PYMNTS

JULY 13, 2020

budget deficit rose above $3 trillion for the year ending in June amid plummeting tax revenues due to mass unemployment and shuttered businesses during lockdown periods, The Wall Street Journal reported. The annual U.S. The good news is this means we’re getting fiscal relief out the door fast,” she said, according to WSJ.

US 151

US Taxes Groups Report 151

PYMNTS

SEPTEMBER 8, 2020

Big Tech Updates Fees to Reflect UK Digital Services Tax. Apple announced upcoming tax changes for apps and in-app purchases to include tax law changes in the U.K. digital services tax on to consumers in addition to an existing 20 percent value-added tax. customer charges to cover the new tax.

Taxes 131

Taxes Google Apple social media 131

TheGuardian

OCTOBER 8, 2023

US Senate is eyeing a bill that would allow banks to do business with cannabis companies – now, if only they would vote on it Imagine that you run a perfectly legal business but are unable to open a simple checking account at a national bank. Believe it or not, that’s the case right now for anyone licensed to sell cannabis in the US.

District of Columbia 109

District of Columbia US System Taxes 109

PYMNTS

NOVEMBER 7, 2018

The funds from sales generally do not flow back to Cuba, instead paying for marketing, taxes and payment for future printings. Frenzy manages printing, packing and shipping. The shirts themselves are made in Guatemala or Nicaragua.

Marketing 198

Marketing US United States South Carolina 198

PYMNTS

AUGUST 9, 2020

compounding on differences over digital taxes and tariffs, Reuters reported. The plan to regulate data is another irritant for tech companies already mired in tight eCommerce rules and concerns over antitrust. It could put more distance between New Delhi and the U.S.,

Data 168

Data US Washington Regulation 168

PYMNTS

AUGUST 2, 2019

And, in an effort to overlay another sanity check, said Xie, it can pay dividends to pick up the phone and make sure a request to pay out funds to an account is legitimate — or whether the IRS, to give another example, wants the recipient to pay back taxes amid a slew of emails and phone calls that, at first blush, seem above-board. “I

How To 198

How To US Fraud Security 198

PYMNTS

SEPTEMBER 22, 2020

The checks were sent out based on tax filings from either 2018 or 2019. PYMNTS reported that a recent Government Accountability Office (GAO) report clarified that the IRS had provided recommendations on how to get the payments out, such as extended tax deadlines.

US 152

US Michigan Taxes Texas 152