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MTrac Launches Marijuana Payments Platform For Louisiana

PYMNTS

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses. Global Payout Inc.

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What Wayfair’s Lawyer Says About The Wayfair v. South Dakota Decision

PYMNTS

The latest spate of lawsuits has seen a small Louisiana parish going head to head with Walmart, and even an Alabama county fighting itself over how to properly disburse revenue from its online sales tax. Though tax compliance may be painful for businesses, those taxes are making positive impacts on residents’ lives.

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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

PYMNTS

This month’s Next-Gen Sales Tax Tracker examines these compliance complexities and their impact, as well as ongoing efforts to streamline how retailers can fulfill their obligations. Easing tax compliance helps governments and retailers alike. Deep Dive : Holiday Gift Baskets, Software Bundles And A New Arena Of Tax Compliance.

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Inside The Fight For Digital Driver’s Licenses

PYMNTS

Colorado, Louisiana and 10 other states have digital driver’s licenses in various stages of development but are facing their share of obstacles, including the possibility of incompatibility across state lines. billion smartphones equipped with fingerprint recognition in the same timeframe.

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Remote Seller Taxation: A Job For Tax Automation

PYMNTS

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. The new jumble of state-level and municipal taxation has further obscured already confusing Internet sales tax compliance.

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

PYMNTS

Louisiana exempts most food purchased outside restaurants, for example, while Missouri exempts clay pigeons and targets used in skeet shooting. NorthShore’s sales tax compliance costs wipe out approximately 1 percent of its sales revenue, Greenberg said. Managing compliance.

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Louisiana governor vetoes bill to allow high-cost installment loans

American Banker

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