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JD Sports Purchases California-Based Shoe Palace

PYMNTS

Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. California-based Shoe Palace was started in 1993 by the Mersho family. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag.

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

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Merchants aiming to sell nationwide must pay attention to how their goods are treated by each state’s tax code. Items considered as exempt medical necessities in some states may be taxed at high rates in others, and businesses cannot afford to be caught by surprise. Around The Next-Gen Sales Tax Wor ld.

Taxes 130
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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

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As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

Taxes 116
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Remote Seller Taxation: A Job For Tax Automation

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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. have moved to collect sales tax from remote sellers, and it’s just the beginning. Implementation.

Taxes 130
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Simon Properties Earnings Show Positive Trends For Brick-And-Mortar Retail

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Despite COVID-19, we are encouraged by the increases we are seeing in shopper traffic, retailer sales and tenant rent collections across our portfolio,” CEO David Simon said in a statement. “We We have withstood lack of federal and state help, especially in real estate taxes. We have withstood COVID.

Trends 169
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NRF On The Case For Revising eCommerce Sales Tax Laws

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Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court.

Taxes 101
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Colorado’s Marijuana Industry Tops $6B

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In addition, taxes generated by the industry grew by nearly 8 percent last year. And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 billion the previous year.

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