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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

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Far Point Merges With Global Blue In $2.6B Deal

PYMNTS

Virginia-based FinTech firm Far Point closed a $2.6 billion merger deal with Switzerland’s tourism shopping tax refund company Global Blue , earning it a listing on the New York Stock Exchange (NYSE), the companies announced Thursday (Jan. Research firm Data Circle indicated that duty-free and other travel-retail channels saw a 9.3

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Same-Day ACH And Unattended Retail Sizzle, Amazon Key and Fresh Both Fizzle

PYMNTS

Attending to the unattended retail space: USA Technologies buys Cantaloupe Systems , boosting cloud and mobile functionality for vending. Fizzle: SMBs take it on the chin in India: One year into demonetization , SMBs are struggling in India, as they have dealt mainly in cash, and have also been buffeted by tax reform.

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Big Names Embark On Spring Hiring Sprees

PYMNTS

Standing one’s ground in an Amazon -dominated retail market doesn’t happen by accident. The retailer has announced that it will be adding more than 1,000 new employees to its technology teams this year, increasing the size of its tech department by more than a third. The company is investing $3.4 Tech Giants. Prominent U.S.

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Facebook Tracker: East, West And Everything In Between

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Google, for instance, has its Midwest headquarters in the former Fulton Market Cold Storage building. Henrico County, Virginia. Facebook will receive around $19 million in state tax exemptions through 2035, CNN Tech reported. The grocery, retail, housing and office portions of the project are slated for completion by 2021.

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., billion refundable tax credit is reportedly based on the “percentage of salaries Amazon expects to pay employees over the next decade, or $48K per job for 25K jobs.”

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Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

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Amazon confirmed that it will instead move forward with plans for Northern Virginia and Nashville, and continue to hire and grow across its “17 corporate offices and tech hubs in the U.S. Taxes generated by those sales were up 8 percent last year, indicating that this “bud”ing industry is worth big bucks indeed. and Canada.”.

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