PYMNTS
DECEMBER 27, 2019
Sales taxes empower governments to maintain critical public services, but they can also make medical essentials too expensive for those who need them. Campaigns against taxing obligatory items are spreading across the United States, forcing states to rethink their revenue generation decisions. Sales taxes’ price tags.
PYMNTS
SEPTEMBER 1, 2016
One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. Would collecting sales tax 100 percent of the time take a bit out of Amazon’s bottom line? Recent data suggests — probably not.
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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
PYMNTS
MARCH 17, 2020
Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. Even smaller cities are opting for such taxes.
PYMNTS
OCTOBER 4, 2019
Credit Karma , a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers can use through an app and online. Credit Karma is partnering with West Virginia-based MVB Bank on the venture. Vio, an online bank, has an account that pays 2.42
PYMNTS
NOVEMBER 14, 2018
The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., Redfin also said that “online views of homes currently for sale in Crystal City and Long Island City on Redfin.com have skyrocketed. 13) on its new headquarters.
PYMNTS
MARCH 9, 2018
It’s currently seeking to reinvent its business through Restock Kroger , an initiative it undertook six months ago and which will get a boost from recently enacted tax cuts. Customers are making purchases on the site at a higher frequency than before and [are] spending more per online order.”. Seamless Shopping. throughout 2018.
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