2020 Marketing Operations Taxes 
PYMNTS
JANUARY 6, 2020
As 2020 dawns, regulators are continuing to focus on taxes and possible anti-competitive behavior on the part of tech’s marquee names. The initiative is potentially harmful to the market,” a spokesman said, as quoted in the Reporter. “It One continuing theme that will play out into the new year (and well beyond): taxes.
PYMNTS
JULY 7, 2020
The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6
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PYMNTS
JANUARY 17, 2020
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.”.
South State Correspondent
MARCH 21, 2023
Background of ERC ERC exists to assist businesses that were put under severe financial strain due to the government-mandated lockdowns from the 2020 COVID-19 pandemic. In 2020, the U.S. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee.
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.
PYMNTS
AUGUST 10, 2020
Consumers and other businesses can access their tax refunds, benefits, freelance income, insurance claims, dividend payments and other disbursements within 30 minutes of being paid — sometimes even within seconds. We also identified existing market gaps across specific disbursement categories. . We surveyed more than 5,000 U.S.
PYMNTS
FEBRUARY 18, 2020
In today’s top news, Alibaba has made almost $3 billion in loans available for companies hurt by the coronavirus, and Japan’s recent sales tax triggers fears of a recession. Japanese Sales Tax Triggers 6 Pct Economic Contraction. Also, HSBC cuts 35,000 jobs and $100 billion in assets in a streamlining and restructuring effort.
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