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Will eSports And Other Online Businesses Spike Digital Taxes?

PYMNTS

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
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Walmart Hits With Grocery, Misses Online

PYMNTS

That was on top of news that Walmart’s increased profit-margin pressure was pushing an annual revenue estimate for 2018 that missed investor expectations. That mild miss, Walmart noted, came as the firm pulled forward some investments for tax purposes. Walmart reported earnings of $1.33 percent to 2 percent. Beyond the Numbers.

Online 100
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Goldman Sach’s Marcus: Partnerships Beyond Intuit

Bank Innovation

EXCLUSIVE- With two products and a recently announced partnership with tax preparation software provider Intuit, Marcus by Goldman Sachs is keen on growing its brand through more new partnerships and products in 2018. The […].

Las Vegas 186
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FTC Puts The Smackdown On Fake Online Reviews

PYMNTS

One cannot have the good without the bad, and that holds especially true, it seems, with online product reviews — a vital, useful part of eCommerce that is reviled by consumers, marketplace sellers and merchants alike. Talk to any online shopper, merchant or marketplace third-party seller. It comes from the U.S. FTC Penalty.

Online 108
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Walgreens Fights Promotion Abuse With Digital Tracking

PYMNTS

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Other fraudsters are deploying phishing schemes to net their ill-gotten gains, either using the stolen data themselves or selling it online.

Fraud 255
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Virtual Mall Platform Finds Traction

PYMNTS

The platform to bring malls online — or create a virtual mall — is being led by an Alibaba-owned company called Lazada. Its virtual mall solution is called LazMall , which was launched in August 2018. It connects shoppers to more than 18,000 leading international and local brands. shopping destinations.

Groups 153
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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. percent tax on each imported premium cigar, limited to a maximum of about $0.40 in 2017 had a 52.75

Retail 109