Remove Louisiana Remove Management Remove Online Remove Retail
article thumbnail

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. consumers are expected to be shopping online by 2021. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces. Online Sales Tax and SMBs.

Taxes 129
article thumbnail

Retailers Look To Digital Technologies After Beating The Street

PYMNTS

Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points.

Retail 101
Insiders

Sign Up for our Newsletter

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

article thumbnail

A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

PYMNTS

Even the ways retailers package their items can make a difference in their taxes. 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.

Taxes 130
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. There is too much risk to not use a dynamic tool to better manage all this complexity.”. Implementation.

Taxes 130
article thumbnail

When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase

PYMNTS

Louisiana exempts most food purchased outside restaurants, for example, while Missouri exempts clay pigeons and targets used in skeet shooting. This policy change has refocused legislative action advocates and retailers to address the impact of sales taxes on individuals struggling to afford necessities. Managing compliance.

Taxes 146
article thumbnail

Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

Online & offline real estate broker. Wealth management platform. Retailer point-of-sale system. Online stock trading game. Data for B2B analytics & risk management. HQ: Baton Rouge, Louisiana. Online payment platform. Ixaris landed $6 million for its prepaid card platform. Scalable Capital.

article thumbnail

Whole Paycheck: Amazon And Walmart Use Drones, Self-Driving Trucks And 767s to Beat Each Other At Delivery 

PYMNTS

Walmart is also launching a second test in which a driverless truck will travel 20 miles between New Orleans and Metairie, Louisiana to deliver items from a Supercenter to a Walmart “pickup point” where customers can claim their orders. Now, the test will continue without a human driver as a backup.

Arkansas 152