PYMNTS

DECEMBER 13, 2020

Remote work practices and policies made necessary by COVID-19 and embraced by employees and companies alike are taking a toll on Silicon Valley, The Wall Street Journal reported Sunday (Dec. 13), noting that iconic Bay Area companies are moving to, and growing in, locales with lower costs and less congestion. Texas has no income tax.

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PYMNTS

NOVEMBER 6, 2018

Today’s coverage includes the latest European push to tax such companies as Google, Apple, Facebook and Amazon. France’s Finance Minister Wants EU-Wide Digital Tax By Year End. The new tax would apply to Google, Apple, Facebook and Amazon so that they are paying what the government sees as a fairer tax rate in the region.

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Taxes New York City Dallas Virginia 108

PYMNTS

SEPTEMBER 8, 2020

The proposal comes at a time when Google and Apple’s right to charge commissions and make a sizable portion of sales has come under fire worldwide by companies that develop apps, such as Epic Games. Big Tech Updates Fees to Reflect UK Digital Services Tax. For example, the company intends to pass on a new 2 percent U.K.

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Taxes Google Apple social media 131

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 108

PYMNTS

NOVEMBER 4, 2019

have resulted in a delay for legislation that is now in draft form, which would include a provision to tax larger tech firms that derive sales from the region. The bill has proposed a 2 percent tax on revenues for firms as diverse as Facebook and Amazon.

Taxes 101

Taxes Fraud Data Regional 101

PYMNTS

MAY 22, 2020

Having previously identified the region’s growing eCommerce market and given the traction witnessed by clients (going) online due to the pandemic, we are on track for the scheduled opening by the end of 2020.”. DCC is the first eCommerce free zone to foster retail growth in the Middle East and North Africa (MENA) region.

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Regional Taxes Groups Technology 266

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. Gennette also said the company does not expect another complete closure, but is “staying flexible” and is “prepared to address increases in cases on a regional level.”.

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Taxes Retail Maine Regional 232

CB Insights

MAY 27, 2022

ZenLedger , a provider of crypto tax prep software, has raised $15M in a Series B. window.ClearbitForHubspot.addForm($form); }, region: “na1”, portalId: “763793”, formId: “f5ac5e14-d854-4e7f-b21f-53e00d11648c” }); Want the full post? onFormReady: function ($form) {. Download the report to learn more.

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Taxes Software Compliance Company 55

PYMNTS

AUGUST 3, 2020

Mobile payments penetration has historically faced a gap in Southeast Asia , Joel Neoh , founder of leading regional online-to-offline company Fave , told Karen Webster. But he said merchants also fear taxes. Governments [in] general like this digital push because it definitely increases tax revenues,” Neoh said.

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Taxes Regional Payments Examples 311

South State Correspondent

APRIL 18, 2023

Therefore, commercial lenders must develop a strategy to increase industry knowledge in finance, business, accounting, tax, mergers/acquisitions, or other fields. In her years as a lender, Linda acquired expertise in four other industries and became knowledgeable in tax and M&A strategies.

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Strategy Regional Industry Community Bank 195

PYMNTS

OCTOBER 4, 2017

Trulioo , the global identification company, announced news on Wednesday (Oct. In a press release, Trulioo said the tool can help verify if a business is real in order to enable companies to detect cybercrime, fraud and other criminal activity, like tax evasion or money laundering.

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PYMNTS

JANUARY 8, 2021

billion of French products in response to that nation’s revenue tax on Big Tech firms. Trade Representative said in a recent statement, referring to digital services taxes. The news comes as China is increasing scrutiny of large technology companies. The United States is scrapping an effort to place tariffs on $1.3

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Online United States US Taxes 200

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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PYMNTS

JANUARY 7, 2021

Individuals who filed 2019 taxes with TurboTax or H&R Block told one news outlet that they have not seen a deposit as anticipated. The banks that help support Europe’s supply chains are set to face a very high increase in bad debts as a leading watchdog in the region introduces more restrictive standards.

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California FDIC Regional Taxes 142

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.

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Taxes Policies Maine Regional 146

South State Correspondent

MARCH 30, 2022

Research by various consultants shows that 80% of companies across industries rate themselves as providing superior service, but only 8% of these companies genuinely deliver such service. Banks can then calculate SVA, which requires banks to subtract their cost of capital from net operating profit after tax for each client.

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Community Bank Resources Community Regional 195

PYMNTS

JANUARY 16, 2019

The CBA said it will look to include smaller and mid-sized banks on the platform, with eventual additions of tax agencies and customs activities to the platform. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region.

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blockchain Taxes Security Survey 206

PYMNTS

JULY 21, 2020

Salesforce has announced a broad expansion of its Order Management offerings, including the ability for companies to let online shoppers complete purchases without leaving social media channels. Salesforce’s new packages also include features that the company says will ease international transactions.

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social media Taxes Management Online 145

PYMNTS

AUGUST 28, 2018

regional bank executives were gearing up for a bumper year, according to Bloomberg. Crediting lower taxes, thanks to the end of the year tax reform bill passed by Congress, regional bank executives saw a sudden and notable pick up in both commercial loan demand and a big jump in spending on credit and debit cards.

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Lending Taxes Rhode Island Regional 100

PYMNTS

APRIL 9, 2018

The company announced its findings on Friday (April 6), which recorded a 1.39 This may be the first sign of tax reform seeping into the small business labor market,” the executive said in a statement. “As As small business owners begin to realize the benefits of tax reform, they will likely translate to better wages and more jobs.

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Taxes Regional Analytics Survey 141

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.

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Compliance Regulation System Taxes 175

PYMNTS

JANUARY 22, 2019

Corporate travel and expense report management company Travelstop has launched throughout Asia, with the iPhone playing a key part in its growth efforts. In addition to its expansion in Asia, Travelstop is launching an iPhone app in support of the high penetration rate of mobile devices in the region. Reports Monday (Jan.

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Mobile Regional Taxes Management 134

PYMNTS

MARCH 15, 2019

As BBVA Executive Chairman Carlos Torres seeks to ease the concerns of retail investors, the company official said it could take months to complete an inquiry into alleged spying involving the bank. The report is a response to alleged finance-related crimes and high-profile money laundering cases in the region.

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Taxes Regional Report Retail 116

PYMNTS

NOVEMBER 17, 2020

The results were eye-opening: Workers at some offices said that after accounting for taxes and living expenses, just 4 percent of their paychecks remained. Company executives were doubly surprised given that PayPal’s pay rates either match or exceed the market in regions across the world.

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Taxes Regional Survey Online 182

PYMNTS

MARCH 17, 2020

has hiked the normal commercial property tax rate on vacant property from between $1.65 On March 3, San Francisco voters approved Proposition D , a property tax aimed at filling vacancies. Backers of the tax position it as a solution to the increasing amount of empty retail space in the city. and San Francisco. Starting Jan.

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PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

FEBRUARY 28, 2019

The deal would help to grow Uber’s operations in the region. The companies could announce a cash-and-shares deal that values Careem at about $3 billion. The companies entered talks in July of last year in hopes of resolving what could be a costly rivalry in the area. Negotiations are ongoing and there are no concrete agreements.

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Report Regional Taxes Operations 129

PYMNTS

OCTOBER 13, 2019

FinTech company Revolut wants to raise as much as $1.5 According to The Financial Times , a source familiar with the matter revealed that the company has hired JPMorgan to raise $500 million in new equity from investors, as well as secure a $1 billion convertible loan. But despite its growth, the company has not turned a profit.

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Taxes Fintech Branding Regional 163

PYMNTS

AUGUST 21, 2019

The move illustrates Amazon’s aggressive push to expand in the country, despite stiff competition from companies like Walmart, and stringent regulations in the country regarding foreign eCommerce sites. The company’s next headquarters is being built in Arlington, Virginia. The campus building has more than 2.5

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Arlington Virginia New York Video 170

PYMNTS

APRIL 23, 2019

Corporate travel and expense management software provider Expensify is expanding its reach in Southeast Asia through a new collaboration with the region’s leading ridesharing company, Grab. The company’s solution was featured in PYMNTS’ February Workforce Spend Management Tracker.

Regional 115

Regional Software Taxes Management 115

PYMNTS

FEBRUARY 13, 2020

McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Materials provided by the company, illustrating market size, show rent as a $570 billion opportunity, tuition at $350 billion, and unattended retail at $50 billion. In the U.S. Asia Pacific.

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Payments Regional America Cards 163

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Today, it works with companies in over 120 countries spanning every industry, company size, and business model. Broadly enabling online commerce.

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Online Company Retail Payments 98

PYMNTS

FEBRUARY 2, 2018

tax laws had on other firms recently reporting results, Mastercard put up numbers Thursday (Feb. and abroad, the company reported during a conference call with analysts. Excluding the aforementioned tax impact, earnings per share came in at $1.14, two pennies better than Wall Street expectations. The company also counted 2.4

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Taxes cryptocurrency Regional Branding 100

PYMNTS

OCTOBER 31, 2016

The company announced Friday (Oct. 28) that it will open offices in Sydney to focus on serving Australian and New Zealand businesses, banking on the region’s solid economy. The company noted that it will be exploring further entry into the Asia-Pacific region in the future.

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Regional Taxes Compliance Operations 100

PYMNTS

JULY 12, 2018

The town, whose economy was once focused on heavy industry and agriculture, is now home to a myriad of companies in the crypto space. He cited “Zug’s high quality of life, openness, pro-business mindset and favorable tax structure” as factors that make the city attractive to people from around the world.

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blockchain Taxes Regional New York 104

PYMNTS

JANUARY 14, 2019

UnionPay International, a subsidiary of Chinese financial services company UnionPay, is giving developers all around the world access to 18 of its mobile internet payment products, the company announced on Monday (Jan. The service is an open platform called the UPI Developer.

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Innovation Mobile Taxes Regional 128

PYMNTS

DECEMBER 10, 2020

Plus, HM Treasury is seeking input on the challenges that the sharing economy brings for value-added tax (VAT). the cloud payments and financial messaging company, is speeding up market convergence for the Santiago (Chile) Exchange (Bolsa de Santiago). “As Canada, Europe and U.K. Canada, U.K. Volante Technologies Inc.,

Payments 178

Payments Google Technology Taxes 178