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NRF On The Case For Revising eCommerce Sales Tax Laws

PYMNTS

Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court.

Taxes 101
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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

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For Ag Lenders, Farm Outlook Warrants Watching

Abrigo

Any swing in income at the producer level may create additional ag credit needs for operating expenses or pressure credit quality. Farm businesses are farms with an annual gross cash farm income of at least $350,000 or where farming is the operator’s primary operation. Property taxes/fees: 1.4% Seed purchases: -0.3%

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Commercial Landlords Pinched As Retailers, Theaters, Gyms Skip Rent Payments

PYMNTS

We have tenants that pay in Texas and have not paid in New York,” Shane Garrison , chief operating officer of Retail Properties of America, told the Financial Times on Friday (Nov. The public company, which is headquartered in Kansas, has almost 400 theaters across the country, including some with full bars and dine-in options.

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Small banks: Big challenges and big opportunities

Abrigo

According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. At the same time, the technology can reduce to seconds the time it takes for routine tasks like adding information from tax returns and financial spreading. The result?

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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Central Bank of Kansas City. Central Bank of Kansas City. Kansas City. In true community bank fashion, each has its own story to tell and its own path to success. By William Atkinson.

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Top News In Payments: House Committee Holds RTP Hearing; DoorDash Reveals May Data Breach

PYMNTS

Uber Turns App Into ‘Everyday Operating System’. The company plans to merge its ride-hailing and food delivery applications in a fashion that would join its offerings as “the operating system for your everyday life,” as CEO Dara Khosrowshahi said. What Local Sales Tax Laws Mean for Tobacco eSellers .

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