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What’s new in sales tax?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Johns County, Florida, received a $750 credit from Amazon after discovering that the marketplace facilitator had been overcharging her for sales tax for more than a decade, news reports said. New York state sales tax collections jumped 2.5%

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Alabama Promotes the Great Outdoors with Proposed “Adventure Awaits” Sales Tax Holiday

CPA Practice

There are currently two annual sales tax holidays in Alabama: A severe weather preparedness tax-free weekend in February and a back-to-school tax-free weekend in July. A new tax holiday will join them starting in 2025 should House Bill 257 become law: The twice-yearly Alabama Adventure Awaits sales tax holiday. By Gail Cole.

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How Might Subscription Commerce Look In 2029?

PYMNTS

Whereas a decade ago the businesses tended to ask questions about the basics such as payment gateways, today the sales talk is much more high-level. Proof of the growth and maturation of the subscription market comes from the clients Burkhart and his colleagues at Recurly speak with.

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Today In Data: Digital’s Growing New Frontiers

PYMNTS

Amazon saw strong gains and sales results in Q3, even if Q4 predictions failed to inspire. billion: Amazon North American sales in Q3. Doing more for customers – and doing better by the world – was an ongoing theme of the week, particularly as the holiday shopping season gets closer. billion: Value of the U.K. million.e.

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Luxury Fashion Brand Valentino Tries To End Manhattan Lease

PYMNTS

The advent of online shopping for high-end items, however, has made it more difficult for fashion houses as well as other merchants to support expensive rents at a times when sales have dropped at the Fifth Avenue spot for a number of luxury fashion labels.

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Amazon’s Prime Subscriptions To Hit 275M In Next Decade

PYMNTS

CNBC , citing Citigroup analysts, reported that the Wall Street firm argued in a research report – in which it raised its price target on the stock – that the rest of Wall Street doesn’t appreciate the full value of Prime, and that the company could enjoy more than $500 billion in Prime gross sales each year within a decade.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

The bill would also increase the average annual gross volume of sales of retail stores, service industries, hotels, motels, and 16 restaurant operations from $95,000 to $500,000 to qualify for an exception. House Bill 2481 seeks to increase the minimum wage to $15 per hour by 2029 through incremental increases. West Virginia.

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