Taxes

Taxes is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
Taxes
Maryland Passes First US Tax On Digital Ads
February 15, 2021

Maryland lawmakers Friday threw the tax gauntlet down in front of Big Tech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Taxes
UK Considers Tax Hike On eComm Firms Powering Pandemic’s Digital Shift
February 07, 2021

British lawmakers are exploring levying an extra tax on companies that benefited from COVID-19 and have summoned executives from major firms that could be affected by such a measure for meetings to discuss the matter, London’s The Sunday Times reported. Get the Full Story Complete...

Taxes
New York State Tax Revenue Drops 10 Pct In 2020
February 03, 2021

Local government sales tax collections dropped 10 percent in 2020, according to a press release from the state comptroller. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Taxes
Amazon Raises Fees For Spanish Companies Due To New Tax
January 22, 2021

Amazon is planning to hike fees for Spanish companies using its platform by 3 percent from April, according to a Reuters report, since the country’s government imposed a new digital tax. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Taxes
Canada Seeks Digital Tax On Google, Netflix And Other Global Web Giants
December 02, 2020

Facing a growing budget deficit and the cries from local businesses about fairness, the Canadian government is proposing a new digital tax on foreign web giants such as Netflix, Facebook, Amazon and Google. Get the Full Story Complete the form to unlock this article and...

Taxes
Nations Move Toward Imposing ‘Digital Taxes’ On Big Tech
December 01, 2020

Governments around the world are setting their sights on putting a variety of digital taxes on Big Tech giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Taxes
FTC Probes Intuit Over Alleged Deceptive TurboTax Marketing
September 08, 2020

The Federal Trade Commission (FTC) is looking into Intuit over its TurboTax product, as the company allegedly was tricking customers into paying for what they could’ve gotten for free, according to a ProPublica report. Get the Full Story Complete the form to unlock this article...

Taxes
Temporary Payroll Tax Deferral Plan Starts Sept. 1
August 30, 2020

Starting Tuesday (Sept. 1), U.S. paychecks could be a little fatter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Taxes
Report: UK Tax Aimed At Facebook, Amazon, Google To Be Repealed
August 23, 2020

The U.K. is planning to repeal a tax targeting Facebook, Amazon and Google amid opposition from the President Donald Trump administration, the Daily Mail reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...