PYMNTS

MARCH 6, 2019

-based internet companies, announcing Wednesday (March 6) the introduction of a digital tax that will impact companies including Google, Facebook, and Amazon. According to a report in CNBC , France’s finance minister announced the 3 percent tax, saying it will apply to about 30 big companies, mainly from the U.S.

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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.

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Taxes Policies Compliance Retail 146

PYMNTS

MARCH 6, 2019

The European Union has announced that it will not move forward with a digital tax plan covering the entire EU, but also said it would look at reforming tax laws for internet companies, according to a report from Reuters. The global tax reform is being prepared by the Organisation for Economic Co-operation and Development (OECD).

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PYMNTS

MARCH 17, 2020

The federal tax filing deadline in 2020 has been waived in the wake of coronavirus disruptions. The president announced there will be no penalties or interest levied for late filing against those affected, and many states will certainly do the same. But come coronavirus or the Martian measles, taxes will be filed, and refunds issued.

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Taxes United States Millennials Payments 130

PYMNTS

AUGUST 30, 2019

The only certainties in life, the saying goes, are death and taxes. We’ll underscore the certainty of the latter — taxes — for eCommerce firms and sales taxes , especially. Although taxes may be certain — just how much tax is due, and where, and perhaps even when, are all variables that are far from certain.

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Taxes South Dakota United States Policies 136

PYMNTS

MARCH 12, 2019

Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. Treasury’s top international tax official, called the taxes “ill-conceived,” and said the better option was to go after tax reform internationally at the Organisation for Economic Co-operation and Development ( OECD ).

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PYMNTS

MARCH 12, 2020

The joys of tax season: complex paperwork, long wait times and check disbursements. Many United States consumers are still reliant on paper checks when it comes to receiving their tax refunds, which represents the largest sum of money many of them will receive at one point during the fiscal year.

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Taxes Millennials United States Innovation 130

PYMNTS

DECEMBER 26, 2019

Italy has announced that it’s going to follow in France’s footsteps and tax big tech companies, a move that threatens to further complicate relations with the United States over the issue, according to a report by The Wall Street Journal. France recently announced a similar move, and the new Italy tax will take effect on Jan.

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Taxes United States Google Apple 130

PYMNTS

NOVEMBER 25, 2019

Isaacson, a lawyer, Bowdoin College professor, senior partner at Brann & Isaacson and Data & Marketing Association tax counsel, argued Wayfair’s side in the precedent-setting Supreme Court case that has small businesses struggling. is the only country that has such a complex consumption tax system.” .

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Taxes South Dakota Compliance Policies 132

PYMNTS

JANUARY 21, 2020

To get a better handle on crypto – and to boost government coffers, perhaps – change the tax designation (and rules, of course). Under rules governing “other income,” a 20 percent rate is levied on 40 percent of total other income; the remaining 60 percent can be tax-deductible. Tax Policy Still Fluid.

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Taxes Policies Capital United States 130

PYMNTS

AUGUST 26, 2019

have reached a deal to end the standoff over a French tax on big internet companies, The Hill reported. Macron also took to Twitter : “Some digital players pay very little tax. realDonaldTrump and I have just agreed to work together on an agreement at the @OECD level to modernize international tax rules. G7Biarritz”.

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Taxes Report US United States 116

PYMNTS

JULY 11, 2019

government will investigate whether a French plan to tax American technology companies is fair, and it could potentially issue retaliatory tariffs in response, according to a report by The Financial Times. trade representative, Robert Lighthizer, said that he would carry out a Section 301 investigation into France’s digital services tax.

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Taxes United States US Company 100

PYMNTS

OCTOBER 19, 2020

OECD’s Tax Reform To Be Presented To G20. The Organization for Economic Cooperation and Development (OECD) , which is based in France, said its worldwide tax reform blueprint will be put in front of the Group of 20 finance ministers. France Will Proceed With Controversial Digital Services Tax Plan.

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Taxes Compliance Regulation Google 143

PYMNTS

FEBRUARY 9, 2018

Two years after legislators in New Hampshire decided that they would not allow their citizens pay their taxes with bitcoin, the Arizona state legislature is mulling a bill that would pave the way for people to pay their Arizona taxes with cryptocurrencies, Coindesk reported.

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Arizona New Hampshire Taxes cryptocurrency 111

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy.

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Maryland Taxes Online Groups 151

PYMNTS

NOVEMBER 29, 2018

Federal authorities in Germany raided six offices of Deutsche Bank on Thursday morning (November 29), searching for evidence about money laundering and offshore tax havens, according to a report by The Wall Street Journal. The searches could very well continue into Friday, authorities said.

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Taxes United States Report Company 129

PYMNTS

NOVEMBER 2, 2020

UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. streaming company to pay taxes, Techwire Asia reported.

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Taxes National Regulation Google 212

PYMNTS

MARCH 19, 2018

Tax season, indeed. The regulatory landscape was dotted with news out of Europe centered on the way that tech firms do business — and how they’re taxed. As for taxes , tech behemoths under scrutiny across a separate proposal might face taxation on digital activities of as much as 3 percent of turnover.

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Taxes United States Community Bank Analytics 122

PYMNTS

MAY 2, 2016

The Internal Revenue Service has estimated that the business of tax evasion is a costly one for the government. Tax cheats cost the government as much as $458 billion annually, according to data tabulated between 2008 and 2010. And the IRS has stated that it expects to recover about $52 billion of that aforementioned $458 billion.

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Taxes US United States Fraud 100

PYMNTS

JANUARY 8, 2021

In today’s top payments news around the world, the United States is halting tariffs on French products, while the Cyberspace Administration of China is considering a revamp of internet oversight regulations. The United States is scrapping an effort to place tariffs on $1.3

Online 200

Online United States US Taxes 200

South State Correspondent

MARCH 28, 2024

The breadth of these programs is massive and combines grants, tax credits, production incentives, tax relief, and private investment stimulus. Some of the stimulus is formula-based, while others are allocated to various agencies, states, and commissions to be dispersed as they see fit according to a predefined intent.

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America Strategy Taxes Community 195

PYMNTS

SEPTEMBER 5, 2017

With a growing number of automated machines performing jobs and tasks that could eliminate jobs, one San Francisco official is pushing a statewide “tax” in California on robots that put people out of work. Kim is launching a statewide campaign to bring revenue-raising ideas to the state legislature or directly to voters.

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San Francisco Taxes San Jose United States 108

TheGuardian

JANUARY 21, 2024

This is absurd On Wednesday, speaking from the World Economic Forum’s confab in Davos, Switzerland, Jamie Dimon – chair and CEO of JPMorgan Chase, the largest and most profitable bank in the United States, and one of the most influential CEOs in the world – heaped praise on Donald Trump’s policies while president. Tax reform worked.

United States 111

United States Policies California Taxes 111

PYMNTS

FEBRUARY 14, 2020

Europe has long sought to make very profitable Big Tech companies conducting business through the web pay tax where they sell their offerings instead of in tax havens. The continent now wants global financial leaders to make taxing digital giants a priority in 2020, Reuters reported. over the matter.

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Taxes United States Google Washington 140

PYMNTS

DECEMBER 3, 2019

President Donald Trump and French President Emmanuel Macron, however, had initially come to a deal on France’s tax on tech companies, according to reports. The United States Trade Representative had published a report after an investigation into the French tax. companies.”. companies.”.

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Taxes US social media United States 131

PYMNTS

AUGUST 16, 2020

We want to be certain they do have benefits, that we do pay taxes on those workers.”. In addition, employers must pay taxes for workers, including one half of their social security and Medicare taxes along with state unemployment taxes. Earlier this year, Takeaway agreed to a $7.8 20 to reclassify their drivers.

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San Francisco Taxes California United States 253

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.

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Bitcoin Taxes cryptocurrency Regulation 123

Abrigo

JUNE 27, 2023

In 2016 when the Panama Papers exposed an international network of offshore entities involved in tax evasion, fraud, and sanction evasion, some of which included real estate holdings, regulations began to change. of the United States GDP, with estimates exceeding $3.9 In 2017, over 5.51 In 2017, over 5.51

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El Paso Miami United States New York City 195

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. For example, the Bahamian government is planning on allowing Bahamians to pay their taxes using Sand Dollars. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

MyBankTracker

MARCH 24, 2021

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. percent) of a tax refund for the 2021 tax season.

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Taxes Survey Study United States 52

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

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Taxes Mobile Management blockchain 101

PYMNTS

MAY 6, 2020

The pandemic has shut down brick-and-mortar casinos in markets like the United States to help minimize risk, for example, leading consumers to turn to online casinos and sportsbooks. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

Online 222

Online Taxes United States Industry 222

PYMNTS

JULY 7, 2019

In an interview, McAfee also revealed that he believes that income tax is illegal and will run for the Libertarian Party nomination for U.S. tax authorities. He said he did not pay income tax for eight years for ideological reasons and was indicted. trade embargo. president. “It It would be trivial to get around the U.S.

US 121

US United States social media Taxes 121

PYMNTS

NOVEMBER 23, 2020

Customers will be able to buy three months of coffee for $20 in addition to tax and two months of coffee for $15 in addition to tax. per month in addition to tax. There were 2,118 bakery-cafes in the United States and Canada running under the Panera Bread or Saint Louis Bread Co. banners as of Sept. 29, 2020.

Taxes 141

Taxes United States National Branding 141

PYMNTS

SEPTEMBER 3, 2019

Taxes, Too. Separately, and in reference to tax policy, the United States and France have agreed to settle differences over a digital tax that had been levied by France on large tech companies, as CNBC reported. Mersch added that against that backdrop, regulators must assess jurisdiction over Libra.

Guidelines 116

Guidelines Regulation Taxes United States 116

PYMNTS

MARCH 11, 2020

President Donald Trump unveiled a number of executive actions designed to blunt at least some of the economic impact of the coronavirus, which continues to spread across the United States. Among the mandates: The suspension of all travel from Europe to the United States for the next 30 days beginning Friday.

United States 132

United States Taxes Meeting Capital 132

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