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. This is resulting in increased revenue for these online gambling platforms in states like New Jersey — trends in growth that may well continue after the crisis.

Online 222

Online Taxes United States Industry 222

PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

Taxes 141

Taxes Google Seattle National 141

PYMNTS

OCTOBER 14, 2019

Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. Companies with annual global revenues of $827 million and digital services of $6 million in Italy will be subject to the tax.

Taxes 116

Taxes National Report Operations 116

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

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

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. Billion Of French Products.

Taxes 132

Taxes US Compliance social media 132

PYMNTS

MAY 8, 2020

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. million in March 2020 from $67.5 reaching a value of $102.9

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

AUGUST 10, 2020

Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more frequently online for retail products and groceries. Instant payments are one of these solutions, allowing companies to digitally transfer funds 24/7 year-round.

Report 228

Report Payments Millennials Cards 228

PYMNTS

APRIL 5, 2020

Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. who are not required to file taxes, and some 80 percent are eligible for a stimulus check. There are roughly 10 million people in the U.S.

Tools 227

Tools Taxes Payments Online 227

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. A very significant milestone was reached when the Central Bank of the Bahamas created the Sand Dollar in October 2020. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

JANUARY 3, 2020

Call it a crisis that crosses the pond, will last into 2020 and, likely, beyond. We usually cheer the dawn of a new year as a chance to start things anew — but here, at least, 2020 may simply offer more of the same. But online lending companies are seeing a surge in digital loans — up 19 percent year over year in 2019.

Retail 131

Retail Samsung National Taxes 131

South State Correspondent

JUNE 7, 2023

Bank ERC Background Bank ERCs is a refundable tax credit available to businesses, including financial institutions, affected by the global pandemic as granted under the CARES Act and modified by the Relief Act. For employers with 500 or fewer employees, all wages paid to employees can be qualified.

Taxes 195

Taxes Meeting Operations ATM 195

PYMNTS

DECEMBER 2, 2019

The Federal Reserve Board has approved a new fee schedule for payment services in 2020 that is overall 2.4 The 2020 private-sector adjustment factor (PSAF) of $18.9 percent higher than 2019, the Fed announced in a press release on Wednesday (Nov. The new payment services fees go into effective on Jan. percent for check services , 3.7

Kansas 101

Kansas Payments Taxes System 101

PYMNTS

JANUARY 28, 2020

As eBay seeks to right its ship with its search for new leadership, as well as new revenue from StubHub (and perhaps even the sale of its classifieds unit or other assets), the online marketplace operator reported an earnings slide for the fourth quarter of 2019. Tax Impact. according to company officials on a webcast on Tuesday (Jan.

Taxes 130

Taxes Online Leadership Report 130

PYMNTS

NOVEMBER 21, 2016

Elsewhere, a new tax is set to be levied on sugary beverages sold in restaurants and supermarkets in five more U.S. In San Francisco, Oakland and Albany, California, consumers voted to see a one-cent-per-ounce tax on all sugary beverages, joining Berkeley, California, which instated a similar tax two years ago.

Online 100

Online Marketing Taxes San Francisco 100

PYMNTS

SEPTEMBER 9, 2020

The firm had “incremental COVID-19 expenses and restructuring charges” of roughly $15 million before tax or 5 cents per share after tax in Q2 2020 compared to “restructuring charges” of $3 million before tax or 1 cent per share after tax in Q2 2019.

Taxes 131

Taxes Retail Branding Report 131

PYMNTS

OCTOBER 10, 2019

Industrial rents are expected to rise by about 5 percent in 2020, Walaszek said. Urban developers confront “competition with other uses such as retail, multi-family apartments, offices and mixed-use developments that generate higher taxes and higher rents,” Walaszek added. It’s really difficult for the smaller players.”.

Online 116

Online Industry Taxes Retail 116

PYMNTS

MAY 22, 2020

Having previously identified the region’s growing eCommerce market and given the traction witnessed by clients (going) online due to the pandemic, we are on track for the scheduled opening by the end of 2020.”. The proposed 2.1 It will also include warehouses powered by artificial intelligence (AI), restaurants and cafes.

Regional 266

Regional Taxes Groups Technology 266

PYMNTS

AUGUST 12, 2020

In essence, BigCommerce has made the case, through the decision to forge ahead with its IPO, that it prefers to go it alone, so to speak, in its chosen field, helping enterprises (specifically SMBs) get up to speed in eCommerce and set up online stores. At issue are antitrust concerns tied to the tax preparation market.

Taxes 276

Taxes Survey Online Tools 276

PYMNTS

DECEMBER 17, 2020

Twenty-two percent of Americans have reported being targeted by pandemic-related fraud, for example, such as schemes involving fake personal protective equipment (PPE) merchants or fraudsters impersonating tax officials. Walgreens On Stopping Promotion Abuse Fraud Through Online Deals. About The Tracker.

Fraud 255

Fraud Online Retail Examples 255

PYMNTS

NOVEMBER 23, 2020

Customers will be able to buy three months of coffee for $20 in addition to tax and two months of coffee for $15 in addition to tax. per month in addition to tax. Customers can order coffee throughout the country in the bakery chain’s stores, mobile program or online shopping website. 29, 2020. banners as of Sept.

Taxes 141

Taxes United States National Branding 141

PYMNTS

DECEMBER 17, 2020

Fraudsters, according to PYMNTS data, were already enjoying a banner year in 2020 as the world went online and the forces of fraud rapidly followed. As of September 2020, the FTC reported that there had been $145 million in pandemic-related scams. The “stimulus” scams are already out there, reports NBC News.

Fraud 210

Fraud Taxes Washington Security 210

PYMNTS

JANUARY 19, 2021

MEPs will be sending invitations directly to the four biggest tech platforms — Google, Amazon, Facebook and Apple — for a virtual hearing about tax and competition policy, the sources told FT. The DSA would mandate transparency regarding how algorithms are used to target online advertising. 19), citing sources.

Taxes 153

Taxes Apple Google Regulation 153

PYMNTS

JULY 23, 2018

Coverage includes a new acquisition by online payment firm PayU, European finance ministers pushing for more progress on taxing digital firms and SoftBank planning to launch a new mobile payment service in Japan. PayU, the online payment company owned by Naspers, has announced the acquisition of ZOOZ, a payments technology platform.

social media 100

social media Taxes Payments Mobile 100

Bankelele

APRIL 29, 2020

Safaricom PLC announced its financial results at a unique event, streamed online, that featured its incoming and outgoing CEO’s. Profit before tax increased to […]. Overall revenue grew 5% to Kshs 251 billion as M-Pesa revenue grew 12% to Kshs 84 billion with mobile data growing 12% to Kshs 40 billion.

Taxes 36

Taxes Mobile Online Data 36

PYMNTS

DECEMBER 1, 2020

The unofficial official start of the 2020 holiday shopping season was Prime Day in early October, bumping out Black Friday in late November. Shopping in a store just isn’t as satisfying or enjoyable as shopping online for a mass of consumers. That includes features such as the option to purchase online and pick up curbside (34.2

Online 163

Online Data Comparison Mobile 163

Abrigo

FEBRUARY 27, 2020

Abrigo’s 2020 Business Lending Readiness Survey found many bankers are dealing with processes that stymie those efforts. See more of Abrigo’s 2020 Business Lending Readiness Survey: Preparing Now for Economic Uncertainty Ahead. Breaking Down the 2020 Business Lending Readiness Survey: Roadblocks to Top Results. That’s scale.”

Lending 243

Lending Survey Data System 243

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 24, 2020

The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct. Facebook first let American and Canadian users move their videos and pictures to Google Photos in April.

social media 152

social media Data Apple Compliance 152

CB Insights

MAY 18, 2021

Collective , an online financial platform for the self-employed, has raised $20M in a Series A. California-based Collective is an all-in-one financial platform for self-employed creators that provides company incorporation, accounting, bookkeeping, and tax services. How’s the company performing? Want the full post?

Taxes 53

Taxes California Online Company 53

PYMNTS

JANUARY 29, 2020

airlines are cancelling all flights to and from mainland China due to the coronavirus outbreak and Starbucks reported 17 percent mobile order growth in its Q1 2020 earnings report. in its first quarter earnings for the 2020 fiscal year. In today’s top payments news, illegal activity involving cryptocurrency is at a record high, U.S.

Bitcoin 131

Bitcoin US Payments cryptocurrency 131

BankBazaar

AUGUST 28, 2020

While interest received on gold bonds are subject to tax, the capital gains tax on redemption of SGBs (if held till maturity) are tax exempt; a clear benefit over physical gold. Psst… online applicants get a discount too (currently Rs. Additional Reading : Two Minute Guide: Tax On Your Gold. Tax Implications.

Taxes 78

Taxes Capital Comparison Examples 78

BankBazaar

OCTOBER 22, 2020

during April-June 2020. will give its employees income-tax exempt cash vouchers in place of their entitled leave allowances this year. This payment will be tax-free. 10,000 worth of festival advance again by 31st March, 2020 and to this end, will get a pre-loaded Rupay card of the advance value. Tax Implications.

Taxes 78

Taxes Guidelines Cards Policies 78

PYMNTS

JANUARY 14, 2021

The 2020 holiday shopping season is shaping up to be a tale of two kinds of retailers. While Target crushed eCommerce and even reported decent in-store sales volume, others like Nordstrom and Urban Outfitters had weak in-store traffic that even fairly good online volume couldn’t overcome. Target said it also saw a 4.3

Retail 153

Retail Online Comparison Report 153

PYMNTS

FEBRUARY 8, 2018

Their collaboration will be integral to Coconut delivering banking services to freelancers and contractors, especially as they prepare for new tax rules that require small business (SMBs) and freelancers to file taxes quarterly, beginning in April 2020, the firms said.

Taxes 108

Taxes Innovation Digital Banking Meeting 108

MyBankTracker

JUNE 12, 2020

Setup Cost: No activation fee, $0 to set up online, $5 to setup at retail locations. Reload/Deposit Fees: No fee for direct deposit, cash or debit card at Walmart, online with a debit card, or Mobile Check Capture by Indigo Money in 10 Days, but 1% or 5% of check amount ($5 minimum) for Money in Minutes. Monthly Fee: $0.

Cards 52

Cards ATM Online Mobile 52

PYMNTS

JULY 15, 2020

The platform to bring malls online — or create a virtual mall — is being led by an Alibaba-owned company called Lazada. It points out that the mall sector has lost around 48 percent in market capitalization since January 2020. shopping destinations. Its virtual mall solution is called LazMall , which was launched in August 2018.

Groups 153

Groups Branding Retail Taxes 153