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10 Tuesday AM Reads

Barry Ritholtz

This is before we get to the issue of capital gains tax’ hurdle of 20% on those pesky profits. ( The good news stretches far beyond the rich. New York Times ) see also Wages are rising. That’s true for most families. I found their families. (

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

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Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

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Merchants aiming to sell nationwide must pay attention to how their goods are treated by each state’s tax code. Items considered as exempt medical necessities in some states may be taxed at high rates in others, and businesses cannot afford to be caught by surprise. Around The Next-Gen Sales Tax Wor ld.

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Amid CVC/Blackstone Paysafe Bid, Paysafe Makes Its Own Acquisitive Moves

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And, in other news, Paysafe is making its own play for payment services provider Merchants’ Choice Payments Solutions (MCPS). The price tags attached to the deals were reported as $3.7 The $470 million price tag will be funded by $90 million in cash and a $380 million loan. billion and $470 million, respectively.

Sales 43
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Coachella By The Numbers Looks More Like Cashella

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million just in taxes from ticket sales, comprising 5 percent of the city’s general fund, while its overall economy enjoys a $106 million boost thanks to the festivals. Here are just a few of the expenses that festivalgoers are tacking on to their weekend price tag (and who’s making money off it). The nearby city of Indio takes in $3.18

Numbers 40
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Data Dive, Better Together Edition: Worldpay, FIS, Google, eBay, PayPal, Instagram

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While the competition part of the story is usually where the action is in payments and commerce – who’s ahead, who’s behind, who’s innovating, who’s imitating – sometimes the news isn’t about who is getting ahead, but who is working harder to get there. So why is everyone suddenly working so hard to play well with others? merchant customers.

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Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

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The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. Said researcher got interested after seeing a news article on the SFMTA hack.