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Gift Cards A Taxing Problem? Not Necessarily Says Tango Card CCO

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And when it comes to rewarding employees with a holiday or other work anniversary reward, the last thing businesses need is to have their generosity become a tax headache. However, he added, the tax implications should not exceed the cost and purpose of the present. “We Awesome … My Fourth Water Bottle.

Taxes 233
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Big Tech Compliance Tracker: EU Watchdogs Make ‘Big Tech Hit List’; France To Go Ahead With Digital Services Tax Plan

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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. OECD’s Tax Reform To Be Presented To G20. France Will Proceed With Controversial Digital Services Tax Plan. Regulation.

Taxes 143
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Online Retailers Face New Threats From Hackers

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Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

Retail 218
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Is Sales Tax An Anchor On Amazon?

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One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. Would collecting sales tax 100 percent of the time take a bit out of Amazon’s bottom line? Recent data suggests — probably not.

Taxes 101
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The Old Guard Vs. The New Wave In Retail

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Last week, Sears CEO Edward Lampert got personal as he went into detail about the retailer’s continuing woes and the challenges it (and many other “old-line” retailers like it) face in a rapidly changing industry. According to a new projection from National Retail Federation, retail sales are estimated to grow just 3.1

Retail 100
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US Shoppers To Spend $26B On Dec. 22

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adults plan to shop on “Super Saturday” for holiday presents, spending an average of $173 in-store and online. And Johnson said that retailers should be happy about what day Christmas happens to fall on this year. In October, a National Retail Federation (NRF) survey found that consumers are expected to spend an average of $1,007.24

US 119
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Stripe Sizzles, Auto Loans Fizzle And Sales Suck The Sizzle Out Of Retail

PYMNTS

Want tax cuts? From utilities to health care to washing machines, and yes, most recently presents and big screen TVs (Black Friday and beyond), wallets have been open and may stay open. The latest data show that SMEs in the nation have been forced to write off as much as $62 billion annually in bad debt. Plenty bad.

Retail 100