Remove Books Remove National Remove Operations Remove Taxes
article thumbnail

Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small.

Taxes 175
article thumbnail

Tax Reform Shows Early Signs Of SMB Bank Lending Impact

PYMNTS

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative.

Taxes 122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Misinvoicing Costing Nations Billions, Warns UNCTAD

PYMNTS

For others, however, entire national economies can be affected. According to the UN Conference on Trade and Development (UNCTAD), that’s exactly what’s happening in some developing nations, in which invoice errors across Africa and South America are leading to the loss of up to two-thirds of commodity export value.

National 100
article thumbnail

For SME Fleet Operators In The UK, Cost Control Is In The Cards

PYMNTS

Larger operators have leverage. Thus, cost control — and visibility on margins — tends to lean toward those operators who have critical mass and scale. One recent announcement puts the spotlight on SME operators in the U.K. In fleet management, when it comes to cost containment, size matters. percent by the end of this year.

article thumbnail

Accountants Missing Construction’s Nuanced Cash Management Needs

PYMNTS

. “Because of that complexity, taxes are more complex – it’s a snowball effect. The way taxes are done in the construction industry is different than in other industries.” ” Indeed, the construction industry has dizzying tax rules that don’t apply to other verticals. .”

article thumbnail

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

Jeff For Banks

The bank, First National Bank of Keystone, was $1.1 billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. She effectively ran the bank and its operations. And so went the birth of First National Bank of Keystone's meteoric rise. Nationwide lending! But sold most.

article thumbnail

India’s MakeMyTrip Taps Into Blossoming Corporate Travel Market

PYMNTS

28) said MakeMyTrip is rolling out MMT MyBusiness, a tool developed to help small- and medium-sized businesses (SMBs) in India book business trips. According to Magow, the MyBusiness solution will also help business users remain compliant under new goods and services tax (GST) rules and streamline the process by which SMBs claim GST credits.

Marketing 108