PYMNTS
JUNE 21, 2018
States can collect sales taxes from online retailers thanks to a U.S. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. billion in tax revenue in 2017,” according to the report. retail sales.
PYMNTS
SEPTEMBER 1, 2016
One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. Would collecting sales tax 100 percent of the time take a bit out of Amazon’s bottom line? Recent data suggests — probably not.
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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. proper to occupy much of the conversation. And South Dakota, for one, has had enough.
PYMNTS
NOVEMBER 21, 2016
Elsewhere, a new tax is set to be levied on sugary beverages sold in restaurants and supermarkets in five more U.S. In San Francisco, Oakland and Albany, California, consumers voted to see a one-cent-per-ounce tax on all sugary beverages, joining Berkeley, California, which instated a similar tax two years ago.
PYMNTS
OCTOBER 17, 2018
Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. GFA, however, will offer basic financial tools to these businesses, including access to online banking, checking accounts, debit cards, cash management and payroll services.
PYMNTS
JANUARY 8, 2018
Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. And that was just Tuesday.
PYMNTS
APRIL 27, 2016
There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. 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.
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