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. Russian regulators are seemingly taking aim at larger U.S. tech firms, placing laws on the books that would restrict content offered by those companies. Across the Pond.

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Taxes Regulation Samsung Google 131

PYMNTS

FEBRUARY 14, 2020

Amazon and Flipkart are pushing back against a proposed Indian tax on the online eCommerce market, saying it will stymie growth in the industry, according to a report by Reuters. . The proposed tax is a piece of a bigger plan by Indian Prime Minister Narendra Modi. billion people in India pay income tax.

Taxes 159

Taxes Industry Compliance Regulation 159

PYMNTS

APRIL 10, 2019

Expansive supply chains mean organizations must not only address the risks they face directly, but the risks their supplier bases face as well, including compliance with labor, money laundering, Know Your Customer (KYC) and other regulations. To support that addition to the supply chain, though, data integration is essential.

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Taxes Compliance Regulation Data 139

PYMNTS

OCTOBER 19, 2020

Regulation. 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.

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Taxes Compliance Regulation Google 143

PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. 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. Larry Hogan vetoed the levy.

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Maryland Taxes Online Groups 151

PYMNTS

NOVEMBER 25, 2019

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales. In Japan, Crypto Scrutiny.

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Taxes Google Data Regulation 130

PYMNTS

JANUARY 25, 2021

Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . After Spain’s government levied a new digital tax, Amazon plans to increase fees by 3 percent starting in April for Spanish firms harnessing its platform, Reuters reported. Google Makes Deal to Pay Media Companies for Content in France.

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Taxes Google Compliance Apple 141

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. States can now tax sales by companies that do not have a physical presence within the state. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces.

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Taxes Online South Dakota Louisiana 129

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.

Taxes 123

Taxes Course Company Training 123

PYMNTS

MARCH 3, 2020

Andrew Tyrie, chairman of the Competition and Markets Authority (CMA), a competition regulator in the U.K., said his fellow regulators have been too soft on digital mergers, and consumers have suffered as a result, according to the Financial Times. He also called for stronger abilities to go after large tech companies.

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Regulation Conference Taxes Marketing 140

PYMNTS

JANUARY 3, 2017

That news follows separate data recently released by the FT that indicates around 1/3 of the savings Airbnb offers over traditional hotels stems from tax advantages deriving from its business model. In London, around half of the nights booked on Airbnb last year would be put at risk by the 90-day limit.

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Regulation Company Taxes Analysis 114

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. There are also an “extremely high number” of tax rules.

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Compliance Marketing Taxes Groups 146

PYMNTS

FEBRUARY 24, 2020

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

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Data Marketing Taxes Regulation 130

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

JULY 31, 2019

Albania has announced it will implement a new online billing system to prevent businesses from circumventing tax payments and to boost revenue in the country, according to a report by Reuters. When Prime Minister Edi Rama’s government came into power, it ran a campaign asking companies to register and issue receipts.

Taxes 116

Taxes System Compliance Online 116

PYMNTS

SEPTEMBER 12, 2017

Germany, France, Italy and Spain’s finance ministers have announced plans to tax tech multinationals, such as Amazon and Alphabet Inc./ This news is just the latest sign that European politicians and regulators are uncomfortable with the growing strength of U.S. politicians, especially because of the amount of taxes in play.

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Taxes US Google Regional 115

PYMNTS

NOVEMBER 26, 2020

Breton is set to present the draft rules, called the Digital Services Act (DSA) and the Digital Markets Act (DMA). Under the DSA, companies will have to explain how their algorithms work, open up advertising archives for regulators and researchers, as well as do more to fight hate speech, damaging content and fake products on their platforms.

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Taxes Regulation Google Company 178

PYMNTS

SEPTEMBER 12, 2019

Facebook’s Libra project has renewed focus on how cryptocurrencies are regulated, with current rules on the sector patchy and varying from country to country. were equally split between regulatory compliance (69 percent) and reputational risk (69 percent), though reputation was a larger motivation among larger companies.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. Crossing borders and crossing the Rubicon.

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Bitcoin Taxes cryptocurrency Regulation 123

Perficient

JANUARY 7, 2021

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. For now, companies can limit this fear with education. What about the tax incentives and credits?

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Marketing Industry Mobile Massachusetts 309

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.

Company 109

Company Compliance Payments Taxes 109

PYMNTS

MARCH 2, 2020

As the leader in DIY taxes, TurboTax has been dealing with escalating competition from Credit Karma, which is now a leading financial app among younger customers. Credit Karma started offering a free tax filing service in 2017. Regulators blocked the deal from going through.

Taxes 130

Taxes Miami Software New York 130

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

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

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.

Company 144

Company Capital Taxes Industry 144

Abrigo

JUNE 27, 2023

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. Why real estate?

El Paso 195

El Paso Miami United States New York City 195

PYMNTS

DECEMBER 20, 2017

have suspended a bitcoin-focused company following questionable business practices, Singapore is advising “extreme caution” when investing in the potential bubble and neither Japan nor South Korea is recognizing cryptocurrencies as actual currencies. The company has a valuation of $11.9

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Bitcoin Company cryptocurrency Regulation 101

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. With the treasury market for S&P 500 companies valued at $2.3

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cryptocurrency Regulation Trends Bitcoin 323

PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely.

Industry 190

Industry Big Data Fintech Taxes 190

PYMNTS

JANUARY 19, 2021

If the chief executives of Big Tech companies in the U.S. MEPs will be sending invitations directly to the four biggest tech platforms — Google, Amazon, Facebook and Apple — for a virtual hearing about tax and competition policy, the sources told FT. 19), citing sources. It’s unknown what Facebook CEO Mark Zuckerberg is planning.

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Taxes Apple Google Regulation 153

PYMNTS

MAY 12, 2016

He added: “Bond markets seem to be rather wide open. I do think if the next president does the right things around immigration, corporate and individual tax reform, proper infrastructure spending, America will be booming.”. Small business, middle market, large companies. There is a lot of M&A chatter.

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Regulation Community Bank Community America 100

PYMNTS

FEBRUARY 13, 2019

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes generated by the industry grew by nearly 8 percent last year. Last year, regulated marijuana sales in Colorado were nearly $1.55 billion the previous year.

Industry 155

Industry Colorado Taxes California 155

PYMNTS

NOVEMBER 11, 2018

Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether or not the tech companies need to be supervised. The comments come as the big tech companies in the U.S. European banks are concerned that U.S.

Google 173

Google Regulation Apple Taxes 173

PYMNTS

APRIL 30, 2019

A venure that would make it easier for consumers to pay for purchases in bitcoin is applying for a license from New York state regulators. “This structure will provide the first end-to-end regulated environment for price discovery of crypto — ? Suspension, Taxes and a Breach.

Bitcoin 134

Bitcoin Taxes New York Oklahoma 134

PYMNTS

DECEMBER 10, 2018

ADP described the figure as “strong” and in line with analyst expectations, with mid-sized companies adding the majority of the positions (119,000). “And that’s the way the market economy works, for better or worse.” “And that’s the way the market economy works, for better or worse.”

Marketing 148

Marketing Data Survey America 148

PYMNTS

JANUARY 21, 2020

After a ruling by a location regulator that the firm wasn’t fairly engaged in competition, Uber Technologies Inc. is asking for the Colombian government to put emergency regulations into place to enable its ridesharing service to continue running. Colombia stayed behind.”.

Regulation 130

Regulation Taxes America Policies 130

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.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132