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A Rough Map To The New World Of Online Sales Taxes

PYMNTS

Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers would react. Speculation about hassles caused by a lack of tax-calculating software is a “nonissue,” he added. A day after the U.S.

Taxes 114
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EU Will Not Implement Digital Tax, Agrees To Internet Tax Reform

PYMNTS

The European Union has announced that it will not move forward with a digital tax plan covering the entire EU, but also said it would look at reforming tax laws for internet companies, according to a report from Reuters. The global tax reform is being prepared by the Organisation for Economic Co-operation and Development (OECD).

Taxes 123
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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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Hacker Tracker: DataVisor’s Global Insight Into Online Fraud

PYMNTS

The result of that effort is the company’s inaugural DataVisor Online Fraud Report, which analyzed more than 1 billion use4 accounts and 50 million malicious accounts to gain insights into what really makes fraudsters today tick. PYMNTS: What was the motivation behind starting the DataVisor Online Fraud report?

Fraud 112
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Just Eat Takeaway Profits Soar With Pandemic Lockdowns

PYMNTS

Just Eat Takeaway.com, the European food-ordering firm, reported increased revenue and profits for the first half of the year as the COVID-19 pandemic boosted online orders, Reuters reported. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) netted €177 million ($207 million), up from €76 million ($89.5

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Tr?v: Why Insurers Still Cling To The Paper Check

PYMNTS

Small- to mid-sized businesses (SMBs) have been hit especially hit by COVID-19, as they reel from shrinking budgets and rising costs to stay in operation. Businesses can apply for these loans via the SBA’s online portal. Fraudsters are moving in to take advantage of tax confusion and consumer stress, however.

Taxes 178
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Why Cashierless Tech Means Cutting The Line And Reducing Theft

PYMNTS

The company’s second product addresses the main concern with cashierless technology, which is shrinkage. It supports all types of pricing, promotions and tax rules. In addition, wide-angle cameras from the cart map the store in real time and collect powerful insights to help stores boost sales and streamline operations.

Retail 212