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Big Tech Compliance Tracker: EU Watchdogs Make ‘Big Tech Hit List’; France To Go Ahead With Digital Services Tax Plan

PYMNTS

Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. OECD’s Tax Reform To Be Presented To G20. France Will Proceed With Controversial Digital Services Tax Plan. Regulation.

Taxes 143
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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

With the first tax season post-tax reform nearing completion in the U.S., Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Tackling Tax.

Taxes 193
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Confronting Wayfair’s Unanswered Questions

PYMNTS

tax laws, and some businesses and public sector stakeholders are now pushing back. The case ushered in a wave of state- and municipality-issued economic nexus laws that tax remote sellers based on economic activity rather than physical presence. The 2018 South Dakota v. Wayfair ruling paved the way for broadened U.S.

Taxes 100
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Washington Watch

Independent Banker

The act expressly prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin Disparate-impact proponents, which include the U.S. The bottom line is that community banks remain fully committed to fair lending and have strong compliance systems in place.

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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

The bank, First National Bank of Keystone, was $1.1 billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. And so went the birth of First National Bank of Keystone's meteoric rise. The town, already depressed from coal's decline, had a population of 600.

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Asia Pacific Ramps Up eProcurement Push

PYMNTS

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. At the time, Finance Assistant Secretary Antonio Lambino II spoke in Washington, D.C.

Regional 108
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Closing the gate: House adopts ENABLERS Act amendment to 2023 NDAA

CFPB Monitor

On July 13, 2022, the House of Representatives (the “House”) adopted an amendment to the 2023 National Defense Authorization Act (“NDAA”) offered by Maxine Waters (D. in a manner that the Secretary determines appropriate to assess compliance” with the amendment. Requirements.