PYMNTS

NOVEMBER 16, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. Group Seeks to Block Maryland Online Advertising Tax.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

AUGUST 27, 2019

The Australian government is preparing a strategy to combat tax dodging among small businesses amounting to an estimated $11 billion in missing tax payments, News.com.au billion small business “tax gap” — the difference between income tax collected and what small businesses actually owed. reported Monday (Aug.

Taxes 100

Taxes Report National Strategy 100

PYMNTS

JANUARY 25, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. . Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . Sources told the outlet that some Big Tech chief executives were mulling sending legal experts on tax and competition.

Taxes 141

Taxes Google Compliance Apple 141

PYMNTS

JANUARY 17, 2020

Historians and economists regularly look to tax policies to get a sense of what happened within a particular industry, society or country. No doubt the chronicles to come about the rise of the internet age and the spread of digital culture will include serious treatment of tax issues. Taxing Confusion. billion in 2022.”.

Taxes 132

Taxes Online Policies Philadelphia 132

PYMNTS

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

Data 130

Data Marketing Taxes Regulation 130

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. This year was expected to be lucrative for online sports betting as it is the first since those regulations were created. Such sites are expecting major growth in the U.S.,

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely. “A

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

JANUARY 19, 2021

The shift to digital commerce has opened up new markets for companies across all verticals and sizes. But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

NOVEMBER 30, 2020

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from legislators and government agencies throughout the world. The French Finance Ministry has told Big Tech firms that the Digital Service Tax is now due, PYMNTS reported, citing Reuters. Chicago Alderman Proposes Tax on Deliveries.

Taxes 130

Taxes Chicago Compliance Apple 130

South State Correspondent

NOVEMBER 15, 2016

In 2016, bank marketing changed. In 2016, as an industry, banks started to embrace the power of social media which has now morphed into a trend of focusing on mobile. Tax reform, trade, less regulation, higher interest rates and new programs will have households and businesses yearning for more financial analysis.

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Trends social media Marketing Taxes 150

Perficient

JANUARY 7, 2021

In our conversation, Gary shared how the automotive industry is faring during the pandemic. Eugene Sefanov: First and foremost, I would be remiss not to ask how the automotive industry is doing during COVID-19. Gary Johnson: The industry as a whole isn’t doing as well as it would in a typical year.

Marketing 309

Marketing Industry Mobile Massachusetts 309

PYMNTS

MARCH 18, 2019

It’s been a whirlwind few weeks — OK, make that months — for big tech firms as regulators look ever more closely at business tactics. She made the comments at a panel discussion with Recode at a tech industry event. Google, Amazon and Facebook would be subject to the tax, as would a few dozen companies operating in France.

Regulation 159

Regulation social media Google Taxes 159

Abrigo

JUNE 27, 2023

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. Why real estate?

El Paso 195

El Paso Miami United States New York City 195

PYMNTS

JANUARY 15, 2021

To get a bit more granular, in an interpretive letter , the OCC said that regulated financial institutions (FIs) can participate in independent node verification networks (INVN for short – namely, a blockchain network). But those same payments mechanisms must be in compliance with various regulatory and legal frameworks.

Regulation 253

Regulation US Payments Compliance 253

PYMNTS

JANUARY 10, 2019

banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. The reasons: economic expansion, President Donald Trump’s corporate tax changes and regulations put in place after the recession that are improving the risk at banks.

Industry 153

Industry FDIC US Regulation 153

PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. Crossing borders and crossing the Rubicon.

Bitcoin 123

Bitcoin Taxes cryptocurrency Regulation 123

PYMNTS

APRIL 12, 2016

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. percent, a dip from the 17 percent currently being charged as a value-added tax in Chinese physical stores.

Taxes 100

Taxes Policies Metro Retail 100

PYMNTS

OCTOBER 22, 2019

Elizabeth Warren worried that banks could potentially use the problems to justify easing regulations on the banking industry as a whole. These rules were designed to ensure that banks have enough cash on hand to meet their obligations in the event of another market crash,” Warren wrote.

Marketing 100

Marketing Lending Regulation Taxes 100

PYMNTS

MARCH 2, 2020

As the leader in DIY taxes, TurboTax has been dealing with escalating competition from Credit Karma, which is now a leading financial app among younger customers. Credit Karma started offering a free tax filing service in 2017. Regulators blocked the deal from going through.

Taxes 130

Taxes Miami Software New York 130

PYMNTS

NOVEMBER 1, 2018

In the rare instance that a new market emerges, using the blueprints that other industries have created in supply chain management, logistics, procurement and other areas may seem like the easy path to take. Take, for example, markets like the food and beverage, pharmaceutical and medical supplies space.

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

MAY 12, 2016

He added: “Bond markets seem to be rather wide open. I do think if the next president does the right things around immigration, corporate and individual tax reform, proper infrastructure spending, America will be booming.”. Small business, middle market, large companies. There is a lot of M&A chatter. And I agree with that.”

Regulation 100

Regulation Community Bank Community America 100

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. With the treasury market for S&P 500 companies valued at $2.3 The Pandemic Pop.

cryptocurrency 323

cryptocurrency Regulation Trends Bitcoin 323

PYMNTS

SEPTEMBER 24, 2020

According to a summary of the bill, as cited by CoinDesk, “the proposed legislation builds on the existing commodity market practices required of Futures Commission Merchants (FCMs) to protect customer assets.”. The body is reportedly aiming to bring about criminal responsibility for those that don't declare taxes on digital currency.

National 121

National Report Taxes Bitcoin 121

PYMNTS

DECEMBER 19, 2019

Cryptocurrency accounting firm Lukka has released a new service that will figure out the taxes on crypto assets, according to a report by CoinDesk. The new service comes on the heels of an announcement by the Internal Revenue Service (IRS) that it was changing the guidelines for how taxes were calculated.

Bitcoin 130

Bitcoin Taxes Guidelines cryptocurrency 130

PYMNTS

DECEMBER 10, 2018

The services industry led the way, with the professional and business services sector adding 59,000 jobs. While entrepreneurs continue to reflect record-level optimism, their top concerns are increasingly including the tight labor market and the importance of retaining staff in such a climate.

Marketing 148

Marketing Data Survey America 148

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users. ” TaxBit will use the funding to speed up customer growth, and make its products better.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

DECEMBER 8, 2019

The two-year bond will come to the market with 3.25 In other news, Brazil has released a new tax code that includes regulation that will fine anyone who does not declare their bitcoin and other crypto transactions. Bank of China announced that it has issued 20 billion yuan ($2.8 percent coupon rate. “We

blockchain 132

blockchain Bitcoin Taxes cryptocurrency 132

PYMNTS

FEBRUARY 19, 2020

The European Commission is planning a single European market for data, in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China, Reuters reported on Tuesday (Feb. The battle for industrial data starts now and Europe will be the main battlefield. Europe has the largest industrial base.

Policies 151

Policies social media Data Washington 151

PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. TurboTax is among the platforms seeking to make it easier for U.S.

Online 222

Online Taxes United States Industry 222

PYMNTS

JULY 23, 2019

The problem arises because even though states may legalize legal sales of pot, federal law still treats marijuana as an illegal drug despite those changes, which in turn presents legal risks for financial institutions and payment services providers eager to serve this new and growing industry. Senate, as shown on Tuesday, is another story.

Taxes 187

Taxes US California Idaho 187

PYMNTS

JANUARY 21, 2020

After a ruling by a location regulator that the firm wasn’t fairly engaged in competition, Uber Technologies Inc. is asking for the Colombian government to put emergency regulations into place to enable its ridesharing service to continue running.

Regulation 130

Regulation Taxes America Policies 130

PYMNTS

AUGUST 7, 2017

Government mandates have led jurisdictions like Latin America to become heavy adopters of electronic invoicing while other markets, like the U.S., Europe is one market catching up to the leaders, though, as regulators look to eInvoicing to combat fraud and promote tax compliance. still lag behind.

Taxes 108

Taxes Regulation Compliance Industry 108

PYMNTS

NOVEMBER 8, 2020

European Union regulators determining how to implement new rules governing dominant internet players may include short-term rental leaders Airbnb and Booking.com on a list of companies the guidelines cover, the Financial Times (FT) reported. FT reported that hotel operators are leading lobbying for new regulation of short-term rental firms.

Guidelines 155

Guidelines Regulation Taxes Google 155

PYMNTS

NOVEMBER 11, 2018

Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether or not the tech companies need to be supervised. The comments come as the big tech companies in the U.S. European banks are concerned that U.S.

Google 173

Google Regulation Apple Taxes 173

PYMNTS

OCTOBER 5, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. Regulation. The banking industry, however, is against the idea. “We Data Activist: Big Tech Not Following Transatlantic Data Transfer Regulations.

Data 229

Data Google Compliance Apple 229

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

FEBRUARY 22, 2019

Amid rising revenues and decreased taxes, the Federal Deposit Insurance Corporation (FDIC) announced on Thursday (Feb. 21) that the banking industry pulled in $237 billion in 2018. The agency’s Quarterly Banking Profile also noted that net income for the industry stood at $59 billion, Bloomberg reported.

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FDIC Taxes Industry Regulation 116