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Remote Seller Taxation: A Job For Tax Automation

PYMNTS

The new jumble of state-level and municipal taxation has further obscured already confusing Internet sales tax compliance. Similarly, Illinois is eying close to $400 million in new annual sales tax revenue on ecommerce items shipped into the state. There is too much risk to not use a dynamic tool to better manage all this complexity.”.

Taxes 130
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When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase

PYMNTS

Laws enabling remote sales taxes mean retailers must now navigate each state’s policies, so they are no longer able to dodge compliance expenses and shield their consumers by lacking physical presences in states that tax these items. NorthShore’s sales tax compliance costs wipe out approximately 1 percent of its sales revenue, Greenberg said.

Taxes 146
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Motus On Mapping Mileage Reimbursement

PYMNTS

For where there are reimbursement considerations, compliance issues are close at hand. There are a number of moving parts that should spur business owners to consider how and why they account for costs and reimburse drivers, with implications for both the bottom line and compliance activities. Compliance Concerns.

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13 Orgs And Corporate Giants Testing Out Blockchains And Distributed Ledgers

CB Insights

MINING GIANT BHP BILLITON IS IMPLEMENTING A BLOCKCHAIN TO MANAGE CONTRACT WORK AND ANALYSIS. Pemex, the Mexican state-owned proleum company, will assist oil & gas tech company Petroteq in developing an industry-specific supply chain management (SCM) software. ILLINOIS GOVERNMENT PILOTING LEDGERS FOR LICENSING.

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Washington Watch

Independent Banker

That is why we are calling on regulators to make the most of the latest mandatory review of federal banking rules. The agencies are required to study their regulations for dead weight every 10 years under the Economic Growth and Regulatory Paperwork Reduction Act of 1996. Starting fresh. Community Bankers Chosen as CFPB Advisors.

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Springboard to Excellence

Independent Banker

ICBA’s in-depth certification programs vault compliance officers to the highest standards. imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. By Ed Avis.

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The community bank’s complete guide to building trust

Independent Banker

manages the community bank’s presence across platforms like Facebook, Instagram, LinkedIn and Twitter. Another reason pen tests are increasingly common is that regulations and PCI compliance require banks to furnish annual pen test results. Security information and event management (SIEM). Use social media to build trust.

Community 139