PYMNTS

SEPTEMBER 28, 2020

Canadian Lawmakers Want Big Tech to Pay for Content, Taxes . EU Renews Demand for Back Taxes on Apple’s Ireland Ops. billion back-tax bill in Ireland. Margrethe Vestager, executive vice president of the European Commission for a Europe Fit for the Digital Age , last week appealed that ruling and wants the tax bill paid.

Taxes 162

Taxes Compliance Illinois Las Vegas 162

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. States can now tax sales by companies that do not have a physical presence within the state. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

OCTOBER 19, 2020

Keijzer serves as the state secretary for economic affairs and climate policy for the Netherlands, while O is the secretary of digital transition and electronic communications for France. OECD’s Tax Reform To Be Presented To G20. France Will Proceed With Controversial Digital Services Tax Plan. a London news outlet, reported.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

SEPTEMBER 27, 2019

Countries around the globe are launching new digital sales taxes in efforts to improve their revenue streams and create more balanced business environments for domestic brick-and-mortars and foreign eCommerce marketplaces. Around the Next-Gen Sales Tax world. in response, threatened a variety of retaliatory taxes.

Taxes 109

Taxes Trends Policies Compliance 109

PYMNTS

SEPTEMBER 24, 2019

As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

OCTOBER 28, 2019

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal.

Taxes 102

Taxes Online San Jose South Carolina 102

PYMNTS

MAY 15, 2018

Validating tax information to comply with the IRS: sounds like a no-brainer, something every business and finance organization would simply take for granted and have to do. Israch said he was surprised to find so many organizations were not validating tax info in a compliant manner, considering the current compliance regime.

Compliance 101

Compliance Taxes Study Strategy 101

PYMNTS

NOVEMBER 7, 2019

The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. Depending on how far afield they expand, those issues can span currencies, locally preferred payment methods and, increasingly, taxes. Last year, in the case of South Dakota v.

Taxes 100

Taxes South Dakota Online Compliance 100

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. There are also an “extremely high number” of tax rules.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

AUGUST 13, 2018

Tax policy. The move to grab billions of dollars in holdings amid wild speculation has come against a backdrop where tax policy remains unsure. The upshot may be taxes owed, or penalties looming … or both. You can’t tax something – a least not easily – without defining what is being taxed.

Taxes 100

Taxes Policies cryptocurrency Guidelines 100

PYMNTS

OCTOBER 24, 2019

Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court.

Taxes 101

Taxes San Jose Kansas South Dakota 101

PYMNTS

NOVEMBER 22, 2019

Wayfair ruling allowed counties, states and municipalities to pass laws to tax out-of-state sellers and the eCommerce marketplaces that serve them, but the ruling did not disclose specifications on what such laws must look like. Governments and businesses have recently been fighting in court over disputes regarding remote seller tax policies.

South Dakota 159

South Dakota Taxes Missouri Compliance 159

PYMNTS

AUGUST 13, 2018

Tax policy. The move to grab billions of dollars in holdings amid wild speculation has come against a backdrop where tax policy remains unsure. The upshot may be taxes owed, or penalties looming…or both. You can’t tax something – a least not easily – without defining what is being taxed.

Taxes 100

Taxes Policies cryptocurrency Guidelines 100

PYMNTS

OCTOBER 11, 2019

But along the way, global digital sales also carry a host of regulatory hurdles when it comes to satisfying various tax regimes. As he told PYMNTS, challenges confront eCommerce firms that seek to understand the broad range of compliance and taxation frameworks that can differ greatly among the countries into which they sell.

Taxes 123

Taxes Course Company Training 123

Perficient

NOVEMBER 30, 2021

Using what could be described as “agile policy-making,” the agencies conducted a series of interagency “policy sprints” focused on crypto assets. The regulators broadly defined crypto assets as any digital asset implemented using cryptographic techniques.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

PYMNTS

APRIL 26, 2019

In the world of supply chain compliance, complex regulatory requirements like Know Your Customer (KYC) and anti-money laundering (AML) probably come to mind. There are also the challenges of supplier management, tax legislation, cross-border compliance, worker protection and more.

Compliance 147

Compliance Policies Guidelines Examples 147

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

FEBRUARY 12, 2019

Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. Some firms, Reuters reported, are taking another look at their policies and making changes to combat misinformation before voting begins.

Taxes 108

Taxes Google social media Groups 108

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

OCTOBER 25, 2019

Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. “Given the diminished examination resources, the IRS should be even more focused on emphasizing areas that have the highest compliance risk,” the report stated.

Taxes 100

Taxes Compliance Policies Analysis 100

PYMNTS

APRIL 27, 2017

million fine by the Central Bank of Ireland due to compliance failures with anti-money laundering and terrorist financing rules. Allied Irish Banks was hit with a $2.2

Compliance 100

Compliance Taxes Regulation Policies 100

PYMNTS

DECEMBER 26, 2019

A ‘Diaper’ by Any Other Tax Code: The Complexities of Selling Across State Tax Laws. When it comes to taxes, “necessity items” in one state can be viewed as “discretionary purchases” in another.

Taxes 131

Taxes Payments Apple Compliance 131

PYMNTS

FEBRUARY 8, 2018

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. The opportunity for a strong bond lies with payments as a foundation, he said, the moment money changes hands between a policy holder and an insurance carrier.

Taxes 101

Taxes Payments social media Policies 101

PYMNTS

APRIL 10, 2020

He continued, “With our new COVID-19 Paid Leave feature, we’re hoping to alleviate some of that burden for small businesses, and make it really easy for their employees to request time off if they need it while keeping the employers in compliance.”.

Tools 185

Tools Taxes Texas Policies 185

PYMNTS

FEBRUARY 28, 2020

.” There is also the growing risk of tax compliance, as markets like Europe and Latin America move to capture greater tax revenues. “So, in addition to language, currency and VAT challenges, companies have to be ready and staffed to take on these types of evolving international standards and policies,” he said.

Taxes 209

Taxes Data Fintech Compliance 209

PYMNTS

MAY 6, 2020

Following complaints from employees who are teleworking and say they miss office perks such as free food and fitness, Google adopted a policy prohibiting expensing those extras while working from home, according to internal documents seen by CNBC.

Google 142

Google San Francisco Policies Conference 142

Abrigo

JUNE 10, 2020

LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said. If you don’t have compliance from the top down, document it, and look for another job,” she says.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

DECEMBER 2, 2019

million tax-exempt groups active in the U.S., These organizations need to demonstrate to donors and community members that donations were spent appropriately to retain tax-exempt statuses and encourage future donations. . Strictly abiding by procurement policy is especially crucial for any group that accepts federal funds or grants.

Management 141

Management Taxes Groups Regulation 141

PYMNTS

DECEMBER 12, 2019

It will have the role of handling such tasks as ensuring tax compliance, administering payroll and reviewing the annual budget of the board. The content oversight board trust was made for accountability and good governance, to ensure that the funds are managed properly. Brown Brothers Harriman Trust Company of Delaware, N.A

social media 130

social media Delaware Tools Policies 130

Abrigo

MARCH 4, 2020

With more and more states approving the sale of cannabis, either marijuana or hemp, the risks involved with banking this industry has remained at the forefront of compliance officers' minds. Within the policy, it should also state which types of CRBs you're willing to bank, i.e., hemp only, limited to indirect CRBs, etc. .

Resources 195

Resources Policies Regulation Taxes 195

PYMNTS

SEPTEMBER 17, 2020

Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". "A desktop full of PDFs can be just as frustrating as piles of paper on your actual desk," said Wood. Take the electronic invoice, for example.

Compliance 157

Compliance Taxes Industry Data 157

PYMNTS

DECEMBER 19, 2019

A number of Chinese tech companies were ordered to clean up policies on the way their apps deal with user information or face penalties, according to an Associated Press report on Thursday (Dec. As a result, millions were blocked from purchasing airline or train tickets due to things like unpaid taxes or fines. Sohu.com Ltd.

social media 130

social media Regulation Exercises Policies 130

CFPB Monitor

SEPTEMBER 2, 2016

” The trade groups note that it was not until last week, on August 26, 2016, that the DoD published in the Federal Register an interpretive rule to provide guidance regarding compliance with the July 2015 final rule.

Compliance 79

Compliance Groups Lending FDIC 79

CFPB Monitor

OCTOBER 16, 2014

Klein The CFPB published for comment in today’s Federal Register a proposed policy on issuing “no-action” letters for innovative financial products or services. Under Project Catalyst, the CFPB has launched a Trial Disclosure Program and approved research pilots on early intervention credit counseling and tax-time saving.

Policies 95

Policies Innovation Examples Data 95

PYMNTS

SEPTEMBER 8, 2020

The tax situation can also improve for individuals and their employers alike as workers move to leafier, suburban locales. For example, in New York state, the top marginal income tax rate is nearly 9 percent, plus another 3 percent in New York City. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.

Taxes 170

Taxes Los Angeles New York City New York 170

PYMNTS

SEPTEMBER 28, 2020

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Preventing crime also includes thwarting tax fraud, and companies must obtain certain details to fulfill their tax reporting responsibilities.

Data 166

Data Management Taxes Meeting 166

PYMNTS

NOVEMBER 22, 2019

Richard Ashton, deputy general counsel for litigation, enforcement and system matters, said at a conference that the Federal Reserve is mulling an audit of the governance structures and compliance policies of tech firms. The probe would concentrate on tech firms that provide financial institutions (FIs) with data storage.

South Dakota 101

South Dakota Apple Taxes Cards 101