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US Supreme Court Gives The Green Light For Online Sales Taxes

PYMNTS

States can collect sales taxes from online retailers thanks to a U.S. North Dakota , argued that it was “obsolete in an era of eCommerce,” according to a Washington Post report. Quill creates rather than resolves market distortions,” Justice Anthony Kennedy wrote in the majority decision. “In A New Type of “Physical Presence”.

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TaxCloud Announces New Stripe Integration

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Since the Supreme Court issued its opinion in South Dakota v. Wayfair last year, many online retailers now have to collect sales tax in additional states. ” “ Quill creates rather than resolves market distortions,” Justice Anthony Kennedy wrote in the majority decision. “In

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A Rough Map To The New World Of Online Sales Taxes

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Five Supreme Court justices may have settled one of the longstanding issues of online retail, but that does not mean everything has suddenly cleared up. That’s not to say that some consumers might be put off by the looming expansion of sales taxes to more online purchases and shift dollars to brick-and-mortar retail.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

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When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout. Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories.

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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

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Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback. Many members first engage with their CU through its website or other online portal. Communication and engagement with members is an essential part of any credit unions’ (CUs’) retention strategy.

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Deep Dive: The Unfolding Legacy Of South Dakota v. Wayfair

PYMNTS

Charging sales tax on online purchases made at out-of-state businesses has therefore become a tempting target for states seeking to maintain strong financial bases and to level the playing field between in-state sellers and remote online retailers. Such a levy was not legal until last year’s South Dakota v.

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June’s Top 12 Mobile Pay Moments

PYMNTS

And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay. Apple Pay — 20 Months In.

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