taxes

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

Source: en.wikipedia.org

Government Unfazed as Multisector ‘Windfall Tax’ Draws Ire of Spanish Banks
Government Unfazed as Multisector ‘Windfall Tax’ Draws Ire of Spanish Banks
August 23, 2022  |  Taxes

As European economies seek shelter from inflation, governments across the continent are turning to windfall taxes — aimed at an industry that is perceived to...

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Stripe Lays Off Some TaxJar Employees
Stripe Lays Off Some TaxJar Employees
August 21, 2022  |  Personnel

Digital payments platform Stripe has reportedly laid off some employees who worked at tax compliance startup TaxJar, which it acquired in 2021. There were likely...

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EMEA Daily: Nigeria Begins Regulating Mobile Devices via 5% Tax
EMEA Daily: Nigeria Begins Regulating Mobile Devices via 5% Tax
August 12, 2022  |  International

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Nigeria announced the implementation of a 5% tax on mobile devices. Nigeria...

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UN Agency: Crypto Adoption Threatens Developing Countries
UN Agency: Crypto Adoption Threatens Developing Countries
August 11, 2022  |  Cryptocurrency

The United Nations Conference on Trade and Development (UNCTAD) has warned that cryptocurrency use threatens developing countries’ monetary sovereignty — especially their ability to collect...

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India Expands Compulsory eInvoicing to Plug Revenue Leaks
India Expands Compulsory eInvoicing to Plug Revenue Leaks
August 02, 2022  |  Regulation

Businesses in India with an annual turnover of Rs 10 crore and above will be mandated to use electronic invoicing as of Oct. 1 in...

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Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
July 26, 2022  |  Cryptocurrency

A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Legislation introduced on Tuesday...

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The African Mobile Money Tax Experiment
The African Mobile Money Tax Experiment
July 07, 2022  |  Mobile Payments

After years of sustained growth, the mobile money sector in Africa is changing. Up until recently, mobile money has been seen as a substitute for...

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Crypto Market Derails Digital Currency Tax Payments Acceptance
Crypto Market Derails Digital Currency Tax Payments Acceptance
July 05, 2022  |  Cryptocurrency

Utah and Colorado are now the only states still on board with accepting cryptocurrency as payment for local taxes as deep declines in the marketplace...

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Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
May 24, 2022  |  Technology

On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to...

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