ThomsonReuters

JANUARY 31, 2022

Customs authorities rely on the HS to collect trade tariffs, guide tax policy, establish rules of origin, and collect data on virtually every aspect of cross-border trade. “It’s In the worst case, misclassifications can temporarily or indefinitely shut down a company’s cross-border operations.

Technology 98

Technology Virginia Tax Account 98

Withum

JANUARY 30, 2024

For governments around the world, they are an attractive option to create a seamless cross-border payment system. Authors: Joshua Pagano , CPA | jpagano@withum.com and Michael Sousa , CPA | msousa@withum.com Contact Us For more information on this topic, please contact a member of Withum’s Financial Services Team.

CPA 59

CPA Tax accounting software financial statements 59

CPA Practice

MAY 17, 2023

Suddenly, what seemed like an esoteric, third-tier debate topic became evident in empty grocery store shelves, skyrocketing used car prices, and even Girl Scout cookie shortages. Rebuilding a strong American manufacturing sector has been a kitchen-table issue for policymakers for some time. So, is manufacturing coming back to the U.S.?

Manufacturing 105

Manufacturing Transportation Tax Sales 105

ThomsonReuters

NOVEMBER 4, 2020

While keeping pace with this type of just-in-time reporting is certainly a challenge, it can be addressed with comprehensive technology that facilitates collaboration and communication between stakeholders on reportable cross-border arrangements. Understanding the basics of DAC6.

Technology 52

Technology Non-Profits Tax tax planning 52

Withum

AUGUST 21, 2023

Some of the challenges include establishing industry-wide accounting standards for tokenized assets, developing robust security protocols to prevent token theft or hacking, and ensuring cross-border compliance in a global tokenized marketplace.

accounting and finance 52

accounting and finance audit Finance accounting principles 52

PYMNTS

JANUARY 29, 2018

Money that crosses borders usually has an arduous trek. In the latest Topic TBD with PYMNTS’ Karen Webster, Anil Sawrup, chief commercial officer of Cambridge Global Payments, said that the global nature of sending money between businesses and their end users in an efficient way is changing.

payroll 53

payroll Maine Technology 53

KROST

OCTOBER 20, 2020

For manufacturers with international operations, audits of cross-border pricing are a prime opportunity to replace some of the revenue lost to the pandemic. KROST Quarterly is a digital publication that highlights some of the hot topics in the accounting and finance industry. Answer: Are you paying tax overseas?

Manufacturing 40

Manufacturing Tax income tax accounting and finance 40

Cherry Bekaert

JUNE 9, 2023

Digital assets can be transferred across borders and settle transactions faster than traditional assets, reducing cost and increasing efficiency. Digital Asset Adoption Companies are increasingly incorporating digital asset technologies for a variety of reasons, including efficiency gains, increased transparency and added security.

Account 98

Account accountant accounted accounting and finance 98

PYMNTS

MARCH 17, 2020

million businesses in 190 countries, has data showing cross-border transactions slowing down by 58 percent since last week. The decline in B2B payments was around 62 percent worldwide in the past week due to the coronavirus pandemic, which has destabilized the world economy and caused many businesses to have to temporarily close.

B2B 60

B2B Maine Government 60

PYMNTS

FEBRUARY 19, 2018

And, as those same companies bring business and currency across borders, their supply chains lengthen and transactions transverse currencies, languages and any number of regulatory hurdles. The discussion turned to cross-border payments, with their attendant complexities. Cross border intensifies everything so much,” Amit said.

AP Automation 51

AP Automation Technology audit accounts payable 51

PYMNTS

OCTOBER 16, 2018

So, it is in far-flung corners of the globe where, in recent days, regulators and cross-border efforts have promoted a bit of cross-pollination between tech-savvy upstarts and more entrenched players in the financial arena. In Europe, joint efforts in FinTech and banking have crossed borders.

Technology 75

Technology Government Account accountant 75

PYMNTS

JANUARY 11, 2017

10) that the ECB is ramping up its effort to develop a real-time cross-border payments system across the European Union and is looking at 2017 as a critical moment in that trajectory. Reports described that goal as an “ambitious plan” that would significantly reduce the cost of cross-border payments both for banks and end users.

B2B 43

B2B 43

ThomsonReuters

FEBRUARY 6, 2024

Where tax professionals provide value to their clients by keeping current on changes and updates to taxes and helping resolve complex tax calculations that arise from cross-border or interstate transactions. What is indirect tax? An indirect tax is a tax passed off by the government on goods and services.

Tax 52

Tax income tax Manufacturing corporation tax 52

PYMNTS

SEPTEMBER 13, 2018

As FinTechs step into the cross-border payments and foreign exchange (FX) management space, there are more solutions available than ever before for corporates seeking to gain speed and security in payments – and manage risk along the way. Payments, Cross-Border and Over the Phone.

B2B 40

B2B Retail 40

PYMNTS

SEPTEMBER 6, 2019

Coverage includes a story about how bamboo straws signal a new phase in global commerce, a new mobile payment network and Amazon’s latest push into biometrics, among many other topics and original PYMNTS research. Bamboo Straws, Emerging Markets And The Lessons Of Selling Cross Border.

payroll 46

payroll Tax Sales Account 46

CPA Practice

APRIL 27, 2023

Today, geographically dispersed businesses can confidently turn to Avalara to address all facets of their global compliance journey, including tax calculations, filings, cross-border compliance, e-invoicing, and more.”

Government 52

Government Tax Technology Gaming 52

PYMNTS

MARCH 12, 2019

Progress on international tax law is a hotly debated topic, but hasn’t moved quickly. About 127 countries and territories came to an agreement at the beginning of the year that if revisions were made to global tax rules, they should divvy up the right to tax online companies ’ cross-border income.

Tax 52

Tax tax planning Government Finance 52

PYMNTS

FEBRUARY 23, 2017

This makes the issues surrounding the secure movement of money across borders more complicated — some say more daunting, maybe even more expensive — but a massive opportunity worth seizing. And we are sure not to see people retreat entirely into their own borders for all their commerce and supplier relationships.”. Owning The Whole.

Construction 52

Construction Start-ups 52

PYMNTS

MARCH 17, 2020

These are the digital ID systems and networks – which are the focus of companies including Jumio , though Pointner noted that his firm will indeed have a hand in helping to verify some of the government-issued digital IDs as they become available to the public – that go beyond borders, transcend discrete use cases and are industry-agnostic.

Government 86

Government Sports Start-ups 86

TaxConnex

MARCH 18, 2021

To learn more about this topic, watch the replay of our recent webinar hosted by Sensiba San Filippo here.). Furthermore, just because you have sales tax nexus doesn’t necessarily mean you owe sales tax, as not all types of revenue are subject to a jurisdiction’s sales tax rules (most commonly services are non-taxable).

income tax 148

income tax South Dakota Tax Sales 148

PYMNTS

APRIL 5, 2016

Money20/20 Europe is in full swing, and the event is wasting no time discussing the year’s most imminent topics in corporate finance. Saxo Payments reportedly decided to focus on one in particular with the release of a new whitepaper outlining the pain points of cross-border payments in the world of B2B.

B2B 40

B2B Education Finance 40

PYMNTS

AUGUST 16, 2019

Karen Webster digs into the topic. The cross-border payments market is thriving, and trends are expected to continue over the next few years. In fact, cross-border payments are expected to reach $240 billion in value by 2024. Venmo Offers Instant Transfer to Bank Accounts. Trackers and Reports.

Gaming 43

Gaming B2B Government Account 43

PYMNTS

APRIL 12, 2017

Even with Brexit, BDRC Continental found little change in levels of concern among international SMEs with regards to the economy and political uncertainty — while both of these topics were concerning to global SMEs in the last quarter of 2016, researchers said that concern has not been carried over into the new year.

accounts payable 40

accounts payable accounting and finance Finance Account 40

PYMNTS

JANUARY 20, 2021

A commentary period (with input from various financial services stakeholders) would gather positions on open banking’s cost/benefits of consumer data access and security, among other topics. And in evidence of cross-border partnerships, Revolut, the European digital bank, announced in November that, in collaboration with the U.K.’s

accounting and finance 75

accounting and finance Finance Start-ups Account 75

PYMNTS

JUNE 19, 2019

The training covers a variety of topics, including how to spot dementia in elderly customers and identify signs of financial exploitation. The platform, built on the Corda blockchain, aims to improve cybersecurity during cross-border payment transfers, and will be released in early 2020 for CUs operating in the CULedger network.

California 52

California Maine 52

PYMNTS

SEPTEMBER 11, 2018

Digital ID and authentication are always vital topics for payments and commerce — but now, given recent developments, including in social media, they have taken on new importance. Digital ID and authentication issues promise to gain even more currency as social media habits shift in the coming years.

40

40

PYMNTS

AUGUST 2, 2019

How Visa’s Using Blockchain Tech to Simplify X-Border Payments. Cross-border payment revenues currently account for approximately $200 billion, a significant slice of the payments pie. The financial world is awash in hot tech topics these days, from blockchain to artificial intelligence (AI). Karen Webster digs deep.

Education 46

Education Gaming Retail Start-ups 46

PYMNTS

JUNE 9, 2017

The study, one of many on the blockchain topic, also showed that the technology could potentially assist businesses and governments manage the incoming influx of IoT data. Grant Thornton partner Luis Pastor commented on this topic.

Agriculture 68

Agriculture Healthcare Technology New York 68

PYMNTS

JANUARY 16, 2017

In a world of cross-border transactions, geopolitical upheaval and currency volatility, corporates traditionally forge relationships with several banks. The relationship between bank and corporate customer is one that, for treasury managers, is a crucial one. And visibility is crucial for centralized decision-making,” he said.

audit 41

audit Account accountant accounted 41

PYMNTS

APRIL 19, 2016

Late B2B payments may be a hot topic focused in western Europe, but with supply chains weaving their webs across borders, delayed invoice payments are now impacting businesses beyond the region. Lost Trust Is Difficult To Regain . The Ripple Effect.

B2B 40

B2B Agriculture Construction Finance 40

PYMNTS

APRIL 11, 2016

One of the more loaded revelations from the report: Banks really only have to worry about disruption from blockchain technology in some aspects of the financial system, like trade finance, and less so in other aspects, like cross-border payments. These financial institutions seem to be aware of that importance, too.

Finance 40

Finance Technology B2B 40

PYMNTS

MAY 5, 2016

3dcart said payment processing through Vantiv will provide online stores with access to many core payment capabilities, including traditional card processing, cross-border and alternative payment options.

40

40

PYMNTS

NOVEMBER 6, 2019

Under the traditional way of doing things (the way generally controlled by traditional financial institutions), that software company would have to set up a local Australian bank account, and deal with hedging, remittances and other often-cumbersome tasks common to cross-border transactions. Global Debit Network.

B2C 40

B2C B2B Technology Maine 40

PYMNTS

MAY 5, 2016

EST, there’s going to be one sure topic that Alibaba will likely rattle off some new, impressive figures about. China’s voracious appetite for foreign goods also spells another big opportunity on the cross-border eCommerce front.”. Mobile — and how it’s driving Alibaba’s eCommerce business model.

E-commerce 40

E-commerce 40

PYMNTS

MARCH 12, 2018

It’s a case that, Laurence Cooke, CEO of nanopay, made on Friday’s Topic TBD, telling PYMNTS’ Karen Webster that cryptos simply won’t cut it when it comes to speed and scale, two things that are the hallmarks of any viable payments system, digital or otherwise. “The The problem exists on all fronts.

Technology 44

Technology Finance 44

PYMNTS

DECEMBER 27, 2019

“The banks’ transformation agenda is still underway, and while many FinTechs have developed slick digital solutions, particularly for cross-border payments, most still rely on back-end banking and payments systems that are in the midst of being re-architected.”.

B2B 52

B2B Technology accounts payable Spend Management 52

PYMNTS

DECEMBER 18, 2020

As with so many buzzwords within the financial services ecosystem, PaaS is a hot topic. Rangachari said that for B2B, cross-border payments represent a “huge area” for PaaS, and for Onyx in particular. Morgan , said financial institutions (FIs) need to offer those firms payments functionality on demand. PaaS For B2B.

B2C 67

B2C B2B Start-ups payroll 67