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. tech firms, placing laws on the books that would restrict content offered by those companies. The initiative is potentially harmful to the market,” a spokesman said, as quoted in the Reporter. “It

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Taxes Regulation Samsung Google 131

PYMNTS

OCTOBER 19, 2020

Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. The new regulations would also reshape the manner in which these companies collect and harness information.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

JANUARY 10, 2019

After the holiday season comes tax season — everyone’s favorite time — but at least the payment of taxes, along with the tax refund process, promises to become even more digital this year. And digital payers are striving to win more business from tax filers this year. Rise of Quicker Payments. New Products.

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Taxes Payments Report System 120

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce.

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Management Cards Company Innovation 268

PYMNTS

DECEMBER 17, 2018

17) that he wants France to start taxing big tech giants beginning Jan. The idea comes after years of negotiations at the European level, where France and other larger European countries have tried and so far failed to convince smaller countries that tech companies have been taking advantage of the region’s tax structure.

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Taxes Google Apple Meeting 122

PYMNTS

NOVEMBER 16, 2020

Lau’s comments came when the China-based company registered a September quarter that exceeded expectations due to spiking demand for digital games, Nikkei Asia reported. "As The tech company’s formidable performance comes as Chinese authorities seek to exercise more control over the nation’s top digital platforms.

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Maryland Taxes Online Groups 151

PYMNTS

OCTOBER 11, 2019

In the digital age, it’s become easier than ever for companies of all sizes to broaden their reach and sell to new markets. But along the way, global digital sales also carry a host of regulatory hurdles when it comes to satisfying various tax regimes.

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Taxes Course Company Training 123

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

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. billion) in loans available via Ant Financial’s MYBank to help companies affected by the coronavirus. Alibaba has made 20 billion yuan ($2.86

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Taxes Apple Payments Cards 130

PYMNTS

JULY 16, 2019

France’s financial regulator is set to approve a wave of cryptocurrency-related firms in the country, subjecting them to new rules that include paying taxes and complying with capital requirements and consumer protections, according to a report by Reuters. We are in talks with three or four candidates for initial coin offerings (ICOs).”.

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Regulation Company cryptocurrency Taxes 143

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.

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Taxes South Dakota Online US 119

PYMNTS

JANUARY 16, 2019

Human resources (HR) management company iSolved HCM , based in the U.S., The company also plans to close the deal within the next three month, and said it expects to post a $29.5 The company also plans to close the deal within the next three month, and said it expects to post a $29.5 posted a $1.28 will acquire the assets.

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Operations US Taxes Resources 134

BankUnderground

NOVEMBER 16, 2023

Some have said that companies have increased their profits over that period: so-called ‘greedflation’. We use published company accounts for thousands of large listed companies to look for signs of increased profits in the data. Companies in the euro area are in a similar position. Why look at large companies?

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Company Trends Policies Taxes 102

PYMNTS

NOVEMBER 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. But the compliance challenges associated with this market are not easily (or quickly) addressed.

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Company Compliance Payments Taxes 109

PYMNTS

AUGUST 5, 2019

According to a new lawsuit, though, one company allegedly found a way around that. According to the lawsuit, Eaze allegedly got around that problem by processing payments thru a series of off-shore shell companies. Skillfully created and placed shell companies, of course, can greatly complicate such matters. The good news?

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Company Payments Fraud Meeting 163

PYMNTS

DECEMBER 15, 2017

A new survey from Citizens Bank explores how mid-market CFOs in the U.S. are anticipating new technologies and market trends for the year to come, with these professionals signaling interest in real-time and electronic payments. In an announcement Thursday (Dec. In an announcement Thursday (Dec. ” .

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Marketing Payments Survey Taxes 116

Perficient

JANUARY 7, 2021

They had to change the way they operate with new social distancing guidelines. This shift has caused customers’ expectations to increase, and companies to adjust to what many believe will be the new norm. We actually helped a major automotive company build its EV nationwide charging network. No one knew what to make of it.

Marketing 309

Marketing Industry Mobile Massachusetts 309

PYMNTS

APRIL 12, 2016

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. Instead, it will wipe out those companies that were only seeking a policy loophole and operating in a gray zone.”.

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Taxes Policies Metro Retail 100

PYMNTS

AUGUST 9, 2019

Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. As of last year, the company employed 63 people, reports said, citing Utah Business data. As of last year, the company employed 63 people, reports said, citing Utah Business data.

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Capital Marketing Utah Taxes 108

PYMNTS

JULY 20, 2018

Tilray , the first cannabis company to conduct an initial public offering on a U.S. at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. “It The IPO raised $153 million.

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Company Capital Taxes Industry 144

PYMNTS

APRIL 4, 2018

In the rideshare market, for example, Uber and Lyft are allowing drivers to get paid more quickly, and with greater flexibility, than waiting for payday to roll around. Recently, several companies have looked to put payments in the fast lane. How Smarter Payments are Enabling Instant Tax Refunds.

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Taxes Report System blockchain 100

PYMNTS

APRIL 6, 2018

The company makes intelligence software that traces transactions on the blockchain — and helped get to the bottom of Mt. Through the reported deal, Monex may offer Coincheck billions in Japanese yen for a majority stake in the company. dollar before the April 15 tax filing deadline. Even so, bitcoin’s future is not dim.

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Taxes Bitcoin cryptocurrency US 102

PYMNTS

FEBRUARY 1, 2021

Special purpose acquisition companies, or SPACs , are now eyeing the Asian market for merger deals as they compete to finalize deals before their initial public offerings (IPOs) expire. SPACs, also known as blank-check companies, have become a popular vehicle on the U.S. market for taking private companies public.

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Capital Taxes Operations America 198

PYMNTS

JANUARY 25, 2018

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). The solution provides automated accounting and tax management for its entrepreneur clients. The company said it wanted to address the estimated 4.2 million sole traders that operate in the U.K.

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Marketing Taxes Google Fintech 109

PYMNTS

NOVEMBER 7, 2018

And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S. law allows American companies to pay for the design services of private Cuban workers.

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Marketing US United States South Carolina 198

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . The country’s Superintendency of Industry and Commerce (SIC) reportedly said Uber went against market rules. The decision comes after a lawsuit filed against the company by COTECH SA.

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Taxes Mobile Management blockchain 101

PYMNTS

FEBRUARY 13, 2019

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 To date, marijuana tax, license and fee revenue totals for Colorado are over $927 million. billion the previous year.

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Industry Colorado Taxes California 155

PYMNTS

OCTOBER 3, 2019

sales tax obligations via the company’s sales tax application programming interface (API). Wayfair last year, many online retailers now have to collect sales tax in additional states. ” “ Quill creates rather than resolves market distortions,” Justice Anthony Kennedy wrote in the majority decision. .”

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South Dakota North Dakota Taxes Retail 164

PYMNTS

FEBRUARY 23, 2020

Credit Karma, currently a privately-held company, could find itself owned by Intuit by Monday, officials said, unless the deal falls apart. Intuit is known for making online tax filing service TurboTax, which is used by millions of people. The company makes money when users use those products.

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Report Taxes Online Financial Technology 180

PYMNTS

MAY 19, 2020

Payment collections software company Ontario Systems has acquired SwervePay to help bolster its electronic payment capabilities, according to a press release. Ontario Systems aims to sell RevQ+ software on the market, which works with managing the collection of fees for court-ordered debt payment, income taxes and property tax.

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System Payments Taxes Software 239

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users. ” TaxBit will use the funding to speed up customer growth, and make its products better.

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Bitcoin blockchain Taxes Austin 132

PYMNTS

MARCH 19, 2020

The coronavirus could lead to tens of millions of unemployed workers and could change how businesses operate. ILO Director General Guy Ryder said, per the report, that COVID-19 is no longer just a “global health crisis, it is also a major labor market and economic crisis.” The International Labour Organization (ILO) said as many as 24.7

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Taxes National Retail Report 130

PYMNTS

AUGUST 12, 2020

In a stock market that seems to continuously flirt with new highs, the answer seems to be: Aim for the IPO. Though the stock has backed off sharply as of this writing, trading at a recent $72, the market cap – ostensibly what the public markets would pay to “own” the company – stands at roughly $4.5 million from $10.3

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Taxes Survey Online Tools 276

PYMNTS

MARCH 12, 2019

There’s opportunity in serving the middle market in the U.S., For the financial services (FinServ) firms that seek to serve the capital needs of the middle market (which can be defined as companies with a top line ranging from $5 million to $100 million), speed is important — and data is, too. and middle-market firms employ 29.7

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Lending Marketing Capital Data 100

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. And South Dakota, for one, has had enough. If anything, South Dakota is late to the regulatory party.

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South Dakota Taxes Online North Dakota 100

PYMNTS

AUGUST 29, 2017

India’s largest online travel company, MakeMyTrip, is entering the business-to-business (B2B) space with the launch of a new solution for corporate travel. The nation’s second-largest travel operator, Yatra Online, recently acquired Air Travel Bureau, a corporate travel service provider, to strengthen its B2B services.

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Marketing Taxes Online Cards 108

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

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Online Taxes Compliance Missouri 132