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The Strange Spending Trends Around Sales Tax Holidays

PYMNTS

And though that figure fluctuates a bit from year to year — to an all time high point in 2013 when 52 percent of back-to-school shopping was done by early August, from a low point in 2012 when the figure slipped down to 40 percent — it tends to stay snuggly in the middle range. How Tax Holidays Work. That spend is big spend.

Taxes 101
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Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

Looking Back at 2012 Every year, I usually write about the past year with mixed feelings, at times nostalgic for those events and at times, glad that the year is over. 2012 brought us highs, lows, and surprises. The dominant theme of 2012 was the Presidential election. per gallon price level rather than the $4.00

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Indictment Names Major Banks In Cum-Ex Case

PYMNTS

A German investigation of Cum-Ex tax deals involves as much as 447.5 Cum-Ex deals, which are no longer allowed, involved taking advantage of a German practice on tax refunds for dividends. When they were in use, an entity paying dividends withheld the tax automatically, but the payment was certified by the shareholder’s bank.

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Examining Bond Portfolio Trends: Second Quarter 2022

South State Correspondent

Beginning in May 2012, we started tracking portfolio trends of our bond accounting customers here at the Correspondent Division of SouthState Bank. Longer-term yields trended higher too but were more range-bound believing the Fed would manage to quell the inflationary forces but also slow the economy as well. tax-free, 4.7%

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Mom And Pop Pharmacies Dwindle Amid Competition

PYMNTS

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. The closures represent a loss of nearly $17 billion in annual revenue, 15,000 jobs and millions in tax revenue.

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Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. Earlier this year, it was revealed that Amazon was getting ready to launch the fulfillment and delivery network it has been working on in Brazil, which was delayed because of logistics and a complex tax system.

Retail 108
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Amazon Ready To Launch Its Brazilian Fulfillment And Delivery Network

PYMNTS

Citing Amazon Country Manager Brazil Alex Szapiro, Reuters reported that the launch was delayed because of logistics and a complex tax system but now it plans to directly sell merchandise in 11 categories from more than 800 suppliers, including L’Oreal and Black & Decker. “Our

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