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Report: The Risky Business Of Navigating Online Sales Tax For Merchants

PYMNTS

consumers are expected to be shopping online by 2021. Merchants working to expand and sell online in more markets must comply with each market’s local sales tax regulations, however, and that is an increasingly complicated task. New online sales taxes aren’t just the dominion of the U.S.

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How Online Sales Tax Impacts Different eCommerce Models

PYMNTS

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. That all changed last year with the Wayfair vs. South Dakota ruling that sought to level the playing field for brick-and-mortar stores. consumers are expected to be shopping online by 2021. Online Sales Tax and SMBs.

Taxes 129
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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

PYMNTS

Many members first engage with their CU through its website or other online portal. In recent weeks, some CUs have stepped up efforts to make their online offerings more accessible to disabled users. AML Compliance Turns CUs Into Law Enforcement. CUs must regularly engage with more than their members.

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Where The Tax Man Will Knock Louder Post-Wayfair — And Sooner

PYMNTS

For retailers and other firms, there’s the persistent lure of broadened reach into new markets. Last year, in the case of South Dakota v. the Supreme Court ruled that online retailers could be mandated to pay sales tax — and taxes can be levied by states on firms that do not have a physical presence in those states.

Taxes 100
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Deep Dive: The Unfolding Legacy Of South Dakota v. Wayfair

PYMNTS

Charging sales tax on online purchases made at out-of-state businesses has therefore become a tempting target for states seeking to maintain strong financial bases and to level the playing field between in-state sellers and remote online retailers. Such a levy was not legal until last year’s South Dakota v.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. Online to offline coming to Walmart near you, and we mean that sincerely. Online lending . A pretty clear-cut sizzle. Costco Card.

Lending 101
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NY DFS announces multistate investigation of payroll advance industry

CFPB Monitor

In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” North Dakota Department of Financial Institutions. South Carolina Department of Consumer Affairs.