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Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead

PYMNTS

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

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Small banks: Big challenges and big opportunities

Abrigo

For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Check out our 1071 compliance resources. The result? The result?

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Big Tech Compliance Tracker: Google Faces Questions Over Digital Ads; Australian Watchdog Says Facebook’s Proposed Ban On News Sharing Would Be Its Loss

PYMNTS

The Telecom Regulatory Authority of India (Trai) has decided not to put over-the-top (OTT) companies like WhatsApp, Facebook and Viber under a regulatory umbrella, leaving their operations up to market forces instead, the Financial Express reported. EU Undecided Whether To Appeal Ruling Upholding Apple’s Irish Tax Breaks .

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Payments risk & compliance management. Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Louis, Missouri. Tags: Tax, advisor platform, marketing, client services, accounting, SMB. Source: The Oregonian. HQ: Palo Alto, California. Latest round: $12 million. Total raised: $21.5