Chris Skinner

SEPTEMBER 12, 2016

Things we’re reading today include … Deutsche Bank boss tells staff to think like a tech firm, if they keep their jobs HSBC retail head sees more bank partnerships with financial tech firms UK regulators seen as fintech friendly Chancellor dismantles key Osborne pledge to cut corporation tax Bitcoin technology offers hacker protection Bank (..)

Bitcoin 150

Bitcoin Taxes Regulation Retail 150

PYMNTS

MARCH 10, 2017

Earlier this year, the Treasury Inspector General for Tax Administration reported that there was a reduction in the number of fraudulent tax returns identified between 2013 and 2015. As of February, the number of mentions in 2017 so far was already over 40 percent of the 2016 total. What’s Next In Tax Fraud.

Taxes 144

Taxes Fraud Risk Management Data 144

PYMNTS

APRIL 18, 2017

Tax season, that is. Curious to know how your taxes stacked up? While we won’t know about 2016’s filings until next year, IRS preliminary data from 2015’s filings (what you submitted in 2016) can shed some light on the typical American taxpayer’s contribution. percent federal tax rate. And today is IRS Christmas.

Taxes 100

Taxes New Hampshire Tennessee Analytics 100

PYMNTS

NOVEMBER 8, 2018

billion euros for what it contends is helping wealthy people in the country evade taxes. According to a report in Reuters , UBS is facing accusations of laundering the proceeds of tax fraud and illegally going after clients in France. France isn’t the only country investigating allegations that the bank helps clients evade taxes.

Taxes 128

Taxes Fraud New York Community 128

Chris Skinner

AUGUST 26, 2016

Things we’re reading today include … French support for the EU project is crumbling on the Left and Right Apple tackles iPhone one-tap spyware flaws Schooled in the short run, central banks struggle with a long-term role US criticises EU tax probes ahead of Apple ruling US online lending platforms take a hit LSE-DB submit … The post (..)

Apple 150

Apple Taxes Lending US 150

Chris Skinner

SEPTEMBER 9, 2016

Things we’re reading today include … Mastercard faces £14bn card fee claim Stephen Fry: ‘Without tax, civilisation falters’ Wells Fargo will pay $190 million to settle customer fraud case Federal Reserve asks Congress to limit Wall Street merchant banking Quantum of scholars Carney’s arrogance has diminished the Bank’s (..)

Taxes 150

Taxes Fraud Cards 150

Chris Skinner

JUNE 6, 2016

Things we’re reading today include … The overselling of financial transaction taxes Exclusive: NY Fed first rejected cyber-heist transfers, then moved $81 million Deutsche Boerse chief says LSE merger ‘key’ if UK leaves EU HSBC restructures investment bank U.S.

Taxes 150

Taxes Report 150

PYMNTS

FEBRUARY 23, 2017

That day is when the IRS hands out tax refund checks from the previous year’s tax filing. Research conducted by the National Retail Federation (NRF) and Prosper Insights & Analytics paints a much different picture for this year’s tax refund spending — or, in this case, not spending — activities. Not this year.

Taxes 100

Taxes Survey Analytics National 100

Abrigo

SEPTEMBER 29, 2016

Summit attendees had the opportunity to experience several new features at this years’ conference including the ALLL User preconference, the Tax Return Challenge and Industry-Specific roundtables. The ALLL User preconference facilitated networking, best-practice sharing and solution training for 73 Summit attendees.

Risk Management 150

Risk Management Management Taxes Austin 150

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.

Arizona 111

Arizona New Hampshire Taxes cryptocurrency 111

PYMNTS

SEPTEMBER 5, 2016

After some years of fighting any and all attempts on taxation, digital merchants seem to have made their peace with paying taxes and are starting to fall into line around the Online Sales Simplification Act of 2016. The letter of support requests Congress to “bring certainty and rationality” to the online tax situation.

Taxes 100

Taxes Online Retail Branding 100

PYMNTS

APRIL 12, 2017

Identity company MorphoTrust USA looks to put a dent in tax fraud and theft by adding an additional layer of authentication security into the mix. The shift toward stronger authentication comes as tax season increasingly becomes the biggest holiday of the year for fraudsters. Magee, commissioner of the ADR.

Alabama 101

Alabama Taxes Fraud Florida 101

PYMNTS

APRIL 16, 2018

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said the company plans to offer loans to micro, small and medium-sized businesses based on their Goods and Services Tax (GST) returns.

Taxes 108

Taxes Data Lending Analysis 108

Chris Skinner

APRIL 14, 2016

Things we’re reading today include … World Bank and IMF chiefs: tax dodging is grave concern for global economy UK and European allies plan to deal ‘hammer blow’ to tax evasion US corporations have $1.4tn hidden in tax havens, claims Oxfam report Lloyds warns of Brexit ‘uncertainty’ Brexit could lead to loss of 100,000 financial (..)

Taxes 150

Taxes US Report 150

PYMNTS

JULY 27, 2017

Stripe has acquired long-term partner Payable in an effort to bolster the tax reporting tools available to its on-demand and marketplace business customers. For existing Payable customers, the company’s tax reporting tools will continue to be hosted on payable.com through the next tax season.

Taxes 101

Taxes Tools Report Resources 101

Chris Skinner

MARCH 4, 2016

Things we’re reading today include … Mastercard Plots £1bn Vocalink Takeover Bid UBS France probed over tax witness Taxpayers ‘unaware’ of key tax changes LSE says German merger ‘compelling’ Barclays’ ‘nightmare scenario’ Regulators accuse ANZ of rate-fixing Getting the most from a bank account China takes aim at (..)

Taxes 150

Taxes Regulation 150

PYMNTS

DECEMBER 27, 2016

While some say it’s looking up to be a solid year with consumer confidence up and Americans optimistic about their future credit journey , others see concern as the 2016 year comes to a close. percent over the past three months of the year, while the Federal Reserve says 2016 will have a total of 1.9 percent growth and 2.1

Indiana 100

Indiana Taxes Lending Company 100

PYMNTS

MAY 3, 2018

Tax reform played a key role for several corporate successes in the first quarter of 2018. “The optimism generated from corporate tax reform seems to have done little to persuade organizations to spend their cash during the early months of 2018,” Kaitz said in a statement. and China, has increased tensions with U.S.

Taxes 100

Taxes Analysis Washington Report 100

Chris Skinner

APRIL 6, 2016

Things we’re reading today include … Banks deny claims they helped avoid tax Worldpay set to break free from RBS PayPal cancels North Carolina center in protest of law that ‘denies equal rights’ Barclays again warns on investment bank results Libor trial: former Barclays bankers were ‘driven by money’

North Carolina 150

North Carolina Taxes 150

Chris Skinner

APRIL 26, 2016

Things we’re reading today include … China’s Ant Financial raises $4.5bn Standard Chartered shares jump 10% Bank of England official joins hedge fund Regulator widens inquiry into UK firms’ links with Panama Papers tax havens UK’s big four banks face £19bn in compensation, fines and legal costs U.S.

Taxes 150

Taxes Regulation 150

PYMNTS

JANUARY 24, 2021

Cygnet Infotech promotes FACE as a product that handles not only conventional accounting processes, but also provides specialized handling of challenges around goods and services taxes. India uses its Invoice Registration Portal to track business activity and ensure compliance with tax laws.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

FEBRUARY 23, 2016

For all the johnny-come-latelies who spend the hours before midnight on April 17 scrambling to submit their tax forms, there are millions more Americans who are sitting pretty with their tax refunds already in hand. It’s a peculiar part of tax season. In the past, the answer may have been yes.

Taxes 100

Taxes Retail Millennials Survey 100

PYMNTS

DECEMBER 27, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of The Emergence Of The Global Citizen. 2016 saw more people transacting across borders in larger sums than ever before.

Payments 113

Payments eBook Regional Study 113

PYMNTS

MAY 3, 2016

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. Fields, chair of Morrison & Foerster LLP’s state and local tax group, told Bloomberg BNA.

South Dakota 100

South Dakota Taxes Online North Dakota 100

PYMNTS

JANUARY 10, 2020

This transitional push is part of a larger 2016 initiative hoping to recover from the 2011 Arab Spring uprising that removed former President Hosni Mubarak. Mohamed Maait, Egypt’s finance minister, is capitalizing on the smartphone saturation throughout his country to implement eInvoice standards for tax purposes.

Taxes 130

Taxes System Conference Cards 130

PYMNTS

JULY 15, 2019

The report noted there has been an 86 percent increase in fraud investigations done internally, with confirmation of fraud in as many as 75 percent of the cases investigated between 2016 and 2017, according to the report. Separately, in Oklahoma, a computer software company owner has pleaded guilty to payroll tax fraud. Grayson Jr.,

Fraud 109

Fraud Cards Taxes Payments 109

PYMNTS

OCTOBER 25, 2019

Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. Pressure on the IRS to boost the efficiency of auditing processes comes amid global efforts to address corporate tax-dodging, with reports earlier this year in Yahoo!

Taxes 100

Taxes Compliance Policies Analysis 100

FICO

DECEMBER 21, 2018

Despite the Panama Papers leak of 2016 , and the Paradise Papers and Bahamas leaks that followed, some banks still didn’t get the message. These leaks disclosed a large number of people who run businesses in an offshore country, in many cases to illegally avoid tax payments. appeared first on FICO.

Taxes 40

Taxes Compliance Regulation System 40

PYMNTS

DECEMBER 7, 2020

Canada Looks to Tax International Tech Firms. A potential “Netflix Tax,” which is forecast to bring in more than $1.2 The digital tax would be collected from clients, and digital services companies would remit it. The digital tax would be collected from clients, and digital services companies would remit it.

Apple 143

Apple Regulation Taxes Marketing 143

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.

Trends 150

Trends social media Marketing Taxes 150

Bankelele

DECEMBER 27, 2016

Tax changes that become effective on January 1, 2017, as a result of the finance bill signed by the president on 13 September 2016 PAYE brackets have been expanded by 10% and the relief also increased by 10%. The post Kenya Tax Changes in 2017 appeared first on Bankelele.

Taxes 37

Taxes 37

PYMNTS

MARCH 12, 2019

In addition, the problem of fraudulent tax returns could keep growing as digital processes come to the tax-filing-and-return space. billion : The amount of theft, at a minimum, caused by fraudulent tax returns in 2016. 172 billion: The value of peer-to-peer (P2P) transfers consumers made via their bank accounts in 2018.

Taxes 122

Taxes Regional Data Mobile 122

BankBazaar

OCTOBER 25, 2020

If you live in a rented accommodation and pay rent, claim HRA exemption if you want to save on taxes. The 2016 Budget increased the maximum deduction under HRA to Rs. EPF is a commonly sought-after choice for tax-saving and saving for retirement. Professional Tax. Tax Deducted at Source. 60,000 per year.

Taxes 78

Taxes Mobile Meeting Company 78

Abrigo

DECEMBER 28, 2015

Using up-to-date technology can help firms acquire new clients and save time on business valuations and tax work. "Our firm differentiates by keeping abreast of technology" said Daniel Kaufman, a partner at Nathan Accounting Group, LLC.

North Carolina 150

North Carolina Branding Taxes Industry 150

Bankelele

FEBRUARY 9, 2017

There was an interesting screen shot of the amount of customs tax collected by the Kenya Revenue Authority (KRA) on 16 December 2016. The post Mombasa and Tax Collection appeared first on Bankelele. It showed a total of Kshs 1.57 billion collected that day. Of that, Kshs 1.24 Other top collection points […].

Taxes 28

Taxes Community 28

PYMNTS

AUGUST 14, 2019

New Zealand tax authorities published a ruling this month that includes guidance for employers that wish to pay their staff in cryptocurrency. Tax regulators noted that businesses can use foreign exchanges to facilitate their crypto payments, and offered guidance on how to calculate PAYE taxes and levies when paying in crypto. “If

cryptocurrency 134

cryptocurrency Taxes Bitcoin blockchain 134

PYMNTS

DECEMBER 21, 2020

Annual revenues have grown from $97 million in 2016 to an anticipated $1.25 About $225 million in adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is expected for 2020. . Founded in 2013 in Salt Lake City, Utah, Acima operates in over 15,000 retail partner locations and eCommerce platforms.

Utah 263

Utah Retail Taxes US 263