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). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small....
Historians and economists regularly look to tax policies to get a sense of what happened within a particular industry, society or country. No doubt the chronicles to come about the rise of the internet age and the spread of digital culture will include serious treatment...
There are certain years (and events) that represent significant shifts in business, where there was a way things were done — until everything changed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In commerce, when it comes to taxes, new business models beget new (tax) problems. 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...
New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it has been wrongly classifying its drivers as independent contractors. The department recently sent letters to Uber and its subsidiary Rasier,...
The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Last year a Supreme Court ruling changed the way eCommerce firms collect taxes. It’s a patchquilt of state by state mandates, and a landmine for firms leery of running afoul of shifting policies. Greg Chapman, senior vice president of business development at Avalara, tells PYMNTS...
The Group of 20 finance ministers said over the weekend that they will come up with common rules to prevent tech companies from using tactics to lower taxes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
