article thumbnail

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.

Louisiana 135
article thumbnail

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.

Taxes 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Taxes 130
article thumbnail

36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

CarMax has 180 days to implement these practices, and has agreed to compliance monitoring for a period of five years. Additionally, CarMax is prohibited from directly or indirectly stating in marketing, advertising, or during sale (including vehicle labeling) that a vehicle is “safe” or has been repaired for “safety issues.” .

article thumbnail

Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

Fortunately for Red River Bank, loan demand is picking up in Louisiana as cities stabilize from the pandemic and businesses reopen. Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We Planning for increased compliance costs. Blake Chatelain, president and CEO of $2.9

article thumbnail

Opening Bets: MGM Deals Foreshadow New Gambling Culture

PYMNTS

Supreme Court struck down state bans on sports betting, MGM Resorts International has signed deals with the NBA and other operations that could mark the first chapter of the country’s new sports and gambling culture. which owns and operates two dozen gambling properties in seven states, including Nevada and Louisiana.

article thumbnail

Building Momentum: 12 Early-Stage Construction Tech Startups To Watch

CB Insights

Headquarters: New Orleans, Louisiana. Startups working in construction tech have the potential to upend approaches to design, procurement, and operations. Raken provides a construction management platform for handling workflow and compliance reporting at job sites. Disclosed Funding: $7.2M. eSUB Construction Software.