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France’s ‘Digital Tax’ On Tech Firms Passes

PYMNTS

Even with the United States announcing it would look into a proposed “digital tax” in France, the country is moving forward with the measure. The country’s Senate has approved the tax despite the threat of an investigation from the United States, according to 9 to 5 Mac. Earlier this year, it was reported that Chip Harter, the U.S.

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Big Tech Regulatory Tracker: Supreme Court Hears Arguments In Oracle, Google Dispute; Ukraine Considers Tax On Digital Platforms From Abroad

PYMNTS

German Finance Minister: More Than 130 Nations Agree to Corporate Tax Framework. 9) that over 130 nations have consented to a framework to bring forward international business taxation rules for discourse by the G20 finance ministers this week, Reuters reported. German Finance Minister Olaf Scholz said Friday (Oct.

Taxes 142
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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

PYMNTS

The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The services are not currently registered as distinct entities, although they are provided to users in the nation. The support comes before a planned Sept.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Leveraging social media, Gentle Monster started to get traction. How Banks Can Leverage: Niche markets abound in banking, and community banks are in the perfect position to create a following on a national level should they desire. These striking designs paid for themselves in media exposure.

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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. Some risks occur slowly; others strike quickly and hard.

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Robots Sizzle, Tax Reform Fizzles And Facebook Raises Eyebrows With Its Timing

PYMNTS

The social media giant had lots of things to announce this week at F8 : new features, like the “clear history” button; upgrades, like the video chat enhancements coming to Instagram and Snapchat and redesigns, like the great streamlining of Messenger. May Day : No distress call here when it comes to commerce amid a national holiday.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. 8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties.