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The Impact Of The Coronavirus On US Shopping Malls

PYMNTS

The International Council of Shopping Centers (ICSC) says it believes action from the federal government is needed, and large retail brands began to put a price tag on the revenue losses they expect to face. 400B: Approximate amount in state and local taxes the shopping industry generates in the U.S. All this, Today in Data.

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When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase

PYMNTS

Sales taxes empower governments to maintain critical public services, but they can also make medical essentials too expensive for those who need them. Campaigns against taxing obligatory items are spreading across the United States, forcing states to rethink their revenue generation decisions. Sales taxes’ price tags.

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Your Ultimate Finance Department Checklist

CFO Simplified

Having a highly engaged CPA as opposed to one who just files taxes for you can fill the gap until you hire a higher-level member of your accounting and finance team. A mid-sized business ranges from having 24 to 50 employees, with revenue between $10 million – $1 billion. For that, you’ll need your CPA or tax attorney.

Finance 52
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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

PYMNTS

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

PYMNTS

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. Unfortunately, they dismissed both our requests and SMBs will only be paid 70 percent of their hard-earned revenue.”.

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COVID Retail Update: Mall Group Asks For Bailout

PYMNTS

The pain started to become very evident on Wednesday (March 18), as the trade group that represents mall owners asked for a government bailout and big retail names started to put a price tag on the revenue losses they expected to incur. generates nearly $400 billion of state and local taxes, McGee said.

Retail 64
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How FinTech Helps SMBs Get A Grip On The Numbers

PYMNTS

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. is on the rise, as companies look to build revenue and boost hiring. is on the rise, as companies look to build revenue and boost hiring.

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