Remove Marketing Remove Regional Remove Report Remove Taxes
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
article thumbnail

Turkey Is Most Difficult Market for Regulatory Compliance

PYMNTS

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. In a new report by TMF Group, analysts aimed to understand exactly how compliance demands change in various parts of the world. There are also an “extremely high number” of tax rules.

Insiders

Sign Up for our Newsletter

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

article thumbnail

EU Eyes Single European Data Market

PYMNTS

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

Data 130
article thumbnail

Dubai Creating $870M Free Trading Zone For eCommerce

PYMNTS

“The need for world-class eCommerce services has never been greater,” said Mohammed al Zarooni, director general of DAFZA, as per a CNN report on Friday (May 22). million-square-foot project will be split into three regions — business, logistics, and social, according to a report in the Global Construction Review.

Regional 266
article thumbnail

Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

In the markets, we watched helplessly as real GDP plummeted -5% in 1Q20 and -31% in 2Q20 before rebounding by +33% in 3Q20. I’ve previously theorized that China would try to reclaim its global market share lost during the pandemic by flooding the markets with cheaper goods. This development could give us good news on inflation.

Marketing 147
article thumbnail

How tax accountants can provide valuation services

Abrigo

For some accountants, tax and audit services are attractive for the recurring revenue streams and steady client base they provide. CPAs providing tax services, especially, should find that offering valuation services is an attractive way to not only retain those clients but to also generate new revenue from these existing clients.

Taxes 170
article thumbnail

Macy’s Recognizes $3.1B Charge As Pandemic Reshapes Outlook

PYMNTS

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. Macy’s said it had net sales of just over $3 billion, as reported in the past, and adjusted diluted loss per share of $2.03. Macy’s Inc. recognized a $3.1

Taxes 232