Remove Marketing Remove Operations Remove Taxes Remove Washington
article thumbnail

Will eSports And Other Online Businesses Spike Digital Taxes?

PYMNTS

Historians and economists regularly look to tax policies to get a sense of what happened within a particular industry, society or country. No doubt the chronicles to come about the rise of the internet age and the spread of digital culture will include serious treatment of tax issues. Taxing Confusion. billion in 2022.”.

Taxes 132
article thumbnail

Big Tech Compliance Tracker: EU Watchdogs Make ‘Big Tech Hit List’; France To Go Ahead With Digital Services Tax Plan

PYMNTS

Two government officials from European nations have advocated to have watchdogs engage in preventative measures against Big Tech to reduce their strength and handle on the market, according to reports. It is probable that size and market share will be determining factors in who lands on the “Big Tech hit list.”.

Taxes 143
Insiders

Sign Up for our Newsletter

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

article thumbnail

Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy. percent to 10 percent.

Maryland 151
article thumbnail

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
article thumbnail

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. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. billion in tax revenue in 2017,” according to the report. Do Sales Taxes Really Matter?

Taxes 119
article thumbnail

Passage Of SAFE Banking Act Gives Cannabis Businesses Access To Banking

PYMNTS

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

Ohio 235
article thumbnail

Opportunity Knocks With Door-To-Door Resurgence

PYMNTS

With direct marketing hit by robocall abuse and the National Do Not Call Registry , direct-to-consumer (D2C) brands and other not-so-usual suspects are looking into and in some cases reinstating door-to-door sales. We want to ensure taxpayers know their options to get right with their taxes and avoid bigger issues later.”.

Taxes 141