article thumbnail

Brazilian Retailer Magazine Luiza To Compete With Amazon

PYMNTS

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. After two of the country’s biggest booksellers — Saraiva Livreiros SA and Livraria Cultura — filed for bankruptcy protection last year, Magazine Luiza saw room in the market.

Retail 108
article thumbnail

New Digital Taxes Loom On Tech Firms In Europe

PYMNTS

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales.

Taxes 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

to allow businesses to pay their corporate taxes in bitcoin. During the first tax season in which crypto payments were an option for Ohio companies, only two businesses in the state actually used cryptocurrency to do so. Yet, when it comes to companies using cryptocurrency for their own payment needs, adoption remains muted.

Taxes 145
article thumbnail

A 7-Point Guide To Manage Your Finances Post Christmas

BankBazaar

Without further ado, here’s your guide to managing your finances post-Christmas! Additional Reading: Simple Money Management Hacks. They are really popular because of the hefty returns they offer in the long run and don’t forget about the tax benefits that you get when you invest in certain Mutual Funds. Stem passive spending.

article thumbnail

Overstock Is Overvalued Stock?

PYMNTS

In a recent column featured in Forbes , the thinking goes that online retail has managed to disrupt the lives of many a brick-and-mortar retailer. The magazine, via columnist David Trainer, said that Overstock took its place among last month’s most dangerous stocks and could in fact be the “next victim of the retail market.”.

Retail 100
article thumbnail

How Subscriptions Complicate Cross-Border B2B Payments

PYMNTS

Companies like Netflix and Spotify have burst the doors open to the subscription economy beyond magazines and newspapers. In an interview with PYMNTS , GoCardless Vice President and General Manager of International Expansion Pranav Sood said the opportunity to address the recurring B2B payment demand is significant.

Payments 101
article thumbnail

How to Get a Mortgage If You’re Self-Employed, a Small Business Owner or Gig Worker

MyBankTracker

Provide at least one year of business tax returns. In the past, self-employed borrowers had to show business tax returns for at least two years before getting a mortgage. According to new guidelines, some lenders will now allow self-employed people to get approved for a mortgage with only one year of business tax returns.

How To 52