PYMNTS

OCTOBER 14, 2019

Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on Monday (Oct. International internet companies will reportedly have to pay a 3 percent levy on web-based sales.

Taxes 116

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PYMNTS

DECEMBER 16, 2020

Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to navigate a post-COVID future? The ability to order food online and the ability to pay for it digitally came in a close second and third, cited by 38.5

National 160

National New York City Policies New Jersey 160

PYMNTS

MARCH 15, 2019

With the first tax season post-tax reform nearing completion in the U.S., Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Tackling Tax.

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Taxes South Dakota Software Survey 193

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.

Taxes 141

Taxes Google Compliance Apple 141

PYMNTS

NOVEMBER 7, 2019

The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. However, as has been the case in so much of eCommerce, venturing into new geographies means companies must grapple with a host of new issues. Last year, in the case of South Dakota v.

Taxes 100

Taxes South Dakota Online Compliance 100

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.

Taxes 130

Taxes Google Data Regulation 130

PYMNTS

OCTOBER 24, 2019

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.

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PYMNTS

SEPTEMBER 30, 2019

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. In one example, Indonesia is “already preparing legislation” that would require tech companies with online services to pay value-added tax on local sales, the report noted. Libra, Too.

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Taxes Regulation cryptocurrency Google 133

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

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Retail Online Cards Data 218

PYMNTS

NOVEMBER 1, 2018

Amid a change in shopping habits from brick-and-mortar to eCommerce, online spending is expected to reach $124.1 The company also noted that prices for sporting goods could be lower than 13 percent than their 10-month average on Thanksgiving. billion this holiday season — an increase of 14.8 retail websites. retail websites.

Online 160

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PYMNTS

JUNE 5, 2020

Large international organizations, in addition to small to mid-sized businesses (SMBs) are using CitiDirect BE to take in funds, pay suppliers, ensure sufficient cash flow and pay taxes and bills, American Banker reported. million this March from 3.7 million in the same month last year.

Report 132

Report Online National Taxes 132

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. For example, the Bahamian government is planning on allowing Bahamians to pay their taxes using Sand Dollars. Crypto Conference.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

AUGUST 28, 2019

The Blockchain-as-a-Service (BaaS) model enables organizations to start using Kadena’s blockchain by quickly provisioning it online, significantly reducing the cost and time-to-market associated with the on-premise installation of other blockchain solutions. The current policy is a non-policy.

Policies 116

Policies National cryptocurrency Bitcoin 116

PYMNTS

JUNE 5, 2020

His conversation with Karen Webster took place after Citi Ventures added new features to the City Builder online platform — a digital offering launched at the end of last year that connects investors with “opportunity zones.”. Securities and Exchange Commission and other sources, including the National Council of State Housing Agencies.

Online 134

Online Capital Community Data 134

PYMNTS

FEBRUARY 21, 2018

Walmart also expanded its buy online/pick up in store capacity, grew its digital payments platform ( Walmart Pay ) and generally re-centered its focus on integrating its massive physical scale with its upgraded eCommerce efforts. That mild miss, Walmart noted, came as the firm pulled forward some investments for tax purposes.

Online 100

Online Taxes Branding Retail 100

South State Correspondent

JUNE 7, 2023

Bank ERC Background Bank ERCs is a refundable tax credit available to businesses, including financial institutions, affected by the global pandemic as granted under the CARES Act and modified by the Relief Act. For employers with 500 or fewer employees, all wages paid to employees can be qualified.

Taxes 195

Taxes Meeting Operations ATM 195

PYMNTS

APRIL 28, 2019

If the bill passes, government agencies in Ohio could use blockchain for recording car titles or tracking hunting licenses online, noted the report. The state is leveraging those two attributes to lure blockchain developers and companies to Ohio. It is the first state to let businesses pay their taxes with cryptocurrency.

Ohio 149

Ohio blockchain Columbus Taxes 149

PYMNTS

DECEMBER 7, 2020

“Millions of people share creative content or advertise their small business’ goods online,” the British government said in a press release. Regulators also called out the tech company’s warranty terms for not covering water damage. Canada Looks to Tax International Tech Firms. But there is growing consensus in the U.K.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

AUGUST 24, 2020

The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The services are not currently registered as distinct entities, although they are provided to users in the nation. News Companies Ask for Better Terms on Apple’s App Store.

social media 152

social media Data Apple Compliance 152

PYMNTS

SEPTEMBER 30, 2019

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

JULY 3, 2018

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. It also saves the company from allocating resources to batch data entry at the end of the day or consolidating deposits from remote accounts.

National 101

National Charlotte Regional Operations 101

PYMNTS

MARCH 19, 2020

EWCs represent the interests of employees of multinational companies, giving them the right to consult with management about any issues that could affect their employment. If enough employees ask for a council, the EU mandates that the company complies. That’s a roster that includes Google, Amazon and Facebook.

Google 174

Google social media Taxes Software 174

PYMNTS

SEPTEMBER 20, 2020

If the European Union (EU) gets its way, the 27-nation bloc will have the power to split or force the sale of giant technology companies that threaten smaller rivals and their customers. Breton said regulators in Brussels are preparing a list of activities that tech companies would be required to eliminate.

Compliance 175

Compliance Regulation System Taxes 175

BankBazaar

JANUARY 31, 2020

To this end, the government proposed a slew of changes and incentives among which was a major tax rejig. The FM said that GST has integrated the economy and consolidated multiple taxes. Check out the latest Income Tax slabs for your reference: Income Tax Slabs 2020-21. Tax Changes. Income Tax Calculator 2020.

Taxes 146

Taxes Policies Maine Regional 146

PYMNTS

MAY 12, 2020

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. The closures represent a loss of nearly $17 billion in annual revenue, 15,000 jobs and millions in tax revenue.

Survey 200

Survey California Taxes Online 200

PYMNTS

MARCH 15, 2019

Analysts say the financial struggles of small to medium-sized businesses (SMBs) are challenging the strength of the national economy, adding pressure to a market whose gross domestic product forecast for 2019 was recently cut by Mexico’s central bank. “There are openings for companies to grab market share.”

Lending 189

Lending Fintech National Taxes 189

PYMNTS

APRIL 30, 2018

National Small Business Week is this week in the U.S., But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. Only 6 percent bank with online banks, while 18 percent use community banks and 15 percent use credit unions.

Taxes 144

Taxes America National Community 144

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.

Marketing 108

Marketing Taxes Online Cards 108

PYMNTS

APRIL 14, 2020

Delivery drivers or those who pick up food orders for online platforms such as Instacart have seen demand skyrocket as consumers obeying calls for quarantining have ordered food and supplies to their homes rather than venturing to physical stores. This new perspective could also change the value placed on freelancer relationships by firms.

Regulation 285

Regulation Examples United States National 285

PYMNTS

OCTOBER 4, 2019

Credit Karma , a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers can use through an app and online. percent APY, which is about 22 times higher than the average of national accounts. Vio, an online bank, has an account that pays 2.42

West Virginia 132

West Virginia Virginia FDIC Taxes 132

PYMNTS

AUGUST 5, 2020

The company has initiated its own banking and payments program to move landlords beyond antiquated platforms using spreadsheets and more manual tools, according to the release. Zibo , which works to provide streamlined and accessible financial services for landlords, has raised $10.5 Right now, less than 20 percent of U.S.

Payments 141

Payments FDIC Tools Taxes 141

PYMNTS

FEBRUARY 2, 2021

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. While the instant betting and payout abilities are a positive, there is no competing with the black market when it comes to the collection of taxes.

Tennessee 262

Tennessee Payments social media Regulation 262

PYMNTS

JANUARY 21, 2020

Cash and checks persist as the disbursement methods for many companies, however, despite the growing preference for online payments. The economy is growing more interconnected, so enabling disbursements between different nations and local currencies is becoming more critical. More than 90 percent of U.S.

Innovation 167

Innovation Tools Online Trends 167

PYMNTS

JANUARY 28, 2019

And so, nationalism comes full force to eCommerce, focused on the United States and India, offering another drama, another stage, another possible battle over trade. Other stipulations are in place that also have the impact of shaping how foreign companies enter India’s eCommerce marketplace. A Bit of History. 1 deadline.

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Course National Online Google 188

PYMNTS

MAY 2, 2016

It’s a big litigious party out in South Dakota these days, as the state is suing four eCommerce merchants for their lost sales tax – and different merchants (in a separate suit) are suing right back. Supreme Court precedent that retailers around the nation have relied upon for decades. North Dakota.

South Dakota 100

South Dakota North Dakota Taxes United States 100

PYMNTS

MARCH 15, 2018

The European Commission is at work on a new proposal that aims to shape how online platforms — spanning eCommerce and mobile apps — rank search results. The proposal is set to be published next month and then must be approved by the European Parliament and by national governments, said Reuters.

Google 129

Google Apple Regulation Taxes 129

PYMNTS

JANUARY 29, 2020

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136

Lending New York Online New Jersey 136