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CPA Practice Advisor · Dec 22, 2025
Fed Report Shows Visa, Mastercard Shift More Debit Card Fraud Onto Merchants
Tax Brief summary and classification of the original reporting.
Bottom Line
💡 Fed Report Shows Visa, Mastercard Shift More Debit Card Fraud Onto Merchants. Worth reviewing for potential client impact.
Summary
The report also highlights that banks subject to government regulation continue to earn outsized returns on debit transactions, averaging nearly six times their costs.
Classification
Category: fyiPriority: importantReason: Contains 'fraud' - significant update
Affected Groups
All tax practitioners
Related Topics
Original Source
We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.
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