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The State-By-State Complexities Of Sales Tax Compliance

PYMNTS

100: Minimum number of local tax codes in Alaska. percent: Tax rate imposed on online sellers in Illinois starting in 2020. $4M: Some states don’t tax certain essentials to make sure they are accessible to those in need, and to avoid placing the burden of public revenue on only a select number of consumers.

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Remote Seller Taxation: A Job For Tax Automation

PYMNTS

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. The new jumble of state-level and municipal taxation has further obscured already confusing Internet sales tax compliance.

Taxes 130
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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

PYMNTS

This month’s Next-Gen Sales Tax Tracker examines these compliance complexities and their impact, as well as ongoing efforts to streamline how retailers can fulfill their obligations. Easing tax compliance helps governments and retailers alike. Deep Dive : Holiday Gift Baskets, Software Bundles And A New Arena Of Tax Compliance.

Taxes 130
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The Dawn Of A Cashless Global Economy?

PYMNTS

Now legal in 23 states, with recreational use also legal in Alaska, Colorado, Oregon and Washington, marijuana is very much still a cash-based business. So, who continues to use cash? There are industries that are still cash-based, among them: the medical marijuana trade.

Taxes 100
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CFPB September 2016 complaint report highlights money transfer complaints, complaints from Pennsylvania consumers

CFPB Monitor

Wyoming, Alaska, and Colorado experienced the greatest complaint volume increases from the same time last year (June to August 2015 compared with June to August 2016) with increases of, respectively, 29, 26, and 21 percent. Complaints during those periods decreased from 461 complaints in 2015 to 379 complaints in 2016.