Remove Massachusetts Remove Online Remove Retail Remove Taxes
article thumbnail

As Consumers Embrace eCommerce, Tax Complexity Grows

PYMNTS

The Supreme Court ruling has started the ball rolling for states and municipalities to tax eCommerce – specifically, out-of-state firms and online marketplaces. But there have already been disputes making their way through the courts, as detailed in the latest Next-Gen Sales Tax Tracker.

Taxes 150
article thumbnail

Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. has hiked the normal commercial property tax rate on vacant property from between $1.65 But it never happened.

Retail 135
Insiders

Sign Up for our Newsletter

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

article thumbnail

Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

Colorado 126
article thumbnail

Stripe Sizzles, Auto Loans Fizzle And Sales Suck The Sizzle Out Of Retail

PYMNTS

Want tax cuts? Business tax cuts: The corporate world had reason to cheer this week, when Trump’s pick for incoming treasury secretary, Steve Mnuchin, stated that the number one priority in terms of regulation is to roll back parts of Dodd-Frank. percent less according to the National Retail Federation. Elizabeth Warren.

Retail 100
article thumbnail

Interview: Gary Johnson on How COVID-19 Can Power the Electric Vehicle Market

Perficient

From retail to consumer goods, online and mobile sales are up significantly. The omnichannel (online-offline) approach is essential, but digital has the opportunity to make the most significant impact. What about the tax incentives and credits? People are more comfortable than ever transacting digitally.

Marketing 309
article thumbnail

DoorDash And Uber Fee Hikes Will Test Business Model – And Restaurants’ Patience

PYMNTS

Apply the local sales tax and the new total is $48.07. will go to taxes, $8.29 Even as the new California benefits and the fees to cover them roll out, gig economy companies are facing scrutiny in other states that are mulling adopting similar workers’ rights rules, including Illinois, Massachusetts and New York. Of that $65.36

article thumbnail

Deep Dive: Wayfair’s Complex, Ongoing And Unexpected Effects On Retailers

PYMNTS

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .