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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. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. Magazine Luiza shares were up 1.9 percent at R$170.31 ($43.45

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US banks named as being among least ethical UK operators

TheGuardian

A new study scores the best and the worst accounts based on key issues such as climate and tax avoidance Two US banking giants which launched accounts in the UK have been ranked among the “worst” providers by researchers because of their policies on issues such as the climate crisis and weapons. Continue reading.

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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.

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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.

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Retailers Find New Innovation Fuel Against Amazon

PYMNTS

As PYMNTS has recently covered , Brazilian retailer Magazine Luiza has announced it will be selling books online, which could be picked up in one of its almost 1,000 stores — a charge on Amazon’s core and initial competency. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012.

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Overstock Is Overvalued Stock?

PYMNTS

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.”. That comes even as Overstock’s top line has been growing, indicating operational pressures. Some numbers belie the pressures at hand.

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10 Twitter accounts every accountant should follow

Abrigo

5) @AccountingWEB - AccountingWEB, an online news magazine and outlet, is another go-to source for accounting professionals looking to stay abreast of what’s going on in their industry. Follow Kelly for all things tax-related.