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Helping SaaS Firms Make Sense Of eCommerce?s Tax Complexities

PYMNTS

Beyond the challenges of the pandemic that is forcing businesses to grapple with all manner of operating challenges, tax complexity has been building over the years on a global stage — and it’s only going to increase. One significant example can be found in the 2018 Supreme Court ruling known as South Dakota v.

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Today In Payments Around The World: US Halts Tariffs On French Products; China Considers More Stringent Online Oversight

PYMNTS

billion of French products in response to that nation’s revenue tax on Big Tech firms. Trade Representative said in a recent statement, referring to digital services taxes. China’s Cyberspace Watchdog Mulls Stricter Online Oversight . China’s Cyberspace Watchdog Mulls Stricter Online Oversight .

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Big Tech Compliance Tracker: Facebook Faces $6.06 Million Fine From South Korea; Big Tech Tax Becomes Due In France

PYMNTS

The commission said it would refer the recipient of the penalty, Facebook Ireland Ltd., The French Finance Ministry has told Big Tech firms that the Digital Service Tax is now due, PYMNTS reported, citing Reuters. Companies subject to the tax have received notice to pay the 2020 installment,” an official from the Finance Ministry said.

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IRS Launches ‘Get My Payment’ Site To Track COVID-19 Stimulus Payments

PYMNTS

The payments, also referred to by some as stimulus payments, are automatic for most taxpayers. No further action is needed by taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.”. The online platform is similar to the way taxpayers can track their federal tax refund.

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Cyberattack Closes Web Access To Canadian Government Agencies 

PYMNTS

A cyberattack directed at two dozen Canadian government platforms forced the shutdown of most of its online portals over the weekend. It collects taxes, administers tax law and policy and oversees charities. It collects taxes, administers tax law and policy and oversees charities. The CRA plays multiple roles.

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IRS Backs Off Fortnite Gaming Currency As Reportable Income

PYMNTS

A section of the IRS website telling people that the online currency from the popular game Fortnite was subject to federal taxes has been removed as of Wednesday (Feb.12). Experts say V-bucks, as well as other, similar game currencies, are a new field that will need to be reported in some way on one’s taxes.

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How Digital ID Verification Approaches Can Make Or Break Sharing Platform Trust

PYMNTS

He recently spoke to PYMNTS about how the company works to verify the hosts and guests who use its online platform to search for locations to store their items or to find parking spots. . Stashbee’s verification process begins by guiding potential hosts during the creation of their online shopfronts. The Host Onboarding Process .

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