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

Giant Online Platforms Could Face Enforcement Fee Under EU Rules
Giant Online Platforms Could Face Enforcement Fee Under EU Rules
April 05, 2022  |  Taxes

The world’s biggest online platforms could be assessed an annual fee of up to 0.1% of yearly net income to cover costs to regulate compliance...

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CBDC Regulations Taking Shape on the Global Stage, Tax Policies in Focus
CBDC Regulations Taking Shape on the Global Stage, Tax Policies in Focus
April 01, 2022  |  CBDC

Beyond the “will they or won’t they” stage of central bank digital currencies (CBDCs) — where the questions are existential, and certain central banks mull...

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White House Budget Projects $11B in New Crypto Taxes, Calls for Enforcement Funding
White House Budget Projects $11B in New Crypto Taxes, Calls for Enforcement Funding
March 29, 2022  |  Cryptocurrency

Hot on the heels of an executive order tasking federal agencies to collaborate on a coherent crypto strategy, the Biden Administration has issued a proposed...

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FTC Accuses TurboTax Owner of False Advertising
FTC Accuses TurboTax Owner of False Advertising
March 29, 2022  |  Legal

The Federal Trade Commission has asked a court to stop Intuit — maker of TurboTax tax prep software — from what it says is falsely...

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AirBnB Paid $1.5B in 2021 Tourism Taxes to U.S. States
AirBnB Paid $1.5B in 2021 Tourism Taxes to U.S. States
March 17, 2022  |  Taxes

Airbnb Inc. found a home for more than $1.5 billion in tourism taxes last year in every U.S. state, the District of Columbia and Puerto...

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Yellen: Biden’s Crypto Executive Order Strikes Innovation-Risk Balance 
Yellen: Biden’s Crypto Executive Order Strikes Innovation-Risk Balance 
March 09, 2022  |  Cryptocurrency

President Joe Biden’s executive order on cryptocurrencies addresses the balance between innovation and risk while also collaborating with other U.S. agencies and their policies, Treasury...

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When It Comes to Accepting Crypto in Payment, Taxes Are Very Taxing
When It Comes to Accepting Crypto in Payment, Taxes Are Very Taxing
March 02, 2022  |  Cryptocurrency

For a business of any size, the decision to accept payment in cryptocurrencies like bitcoin is a fraught one. Issues like price volatility and custody...

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Taxation May Be a Bigger Issue in Crypto Regulation Than Anticipated
Taxation May Be a Bigger Issue in Crypto Regulation Than Anticipated
February 28, 2022  |  Cryptocurrency

One of the biggest obstacles for institutions, investors, individuals, entrepreneurs in the United States and overseas to use blockchain and crypto assets, either for payment...

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Colorado Plans to Accept Crypto for Tax Payments by End of Summer
Colorado Plans to Accept Crypto for Tax Payments by End of Summer
February 16, 2022  |  Cryptocurrency

Colorado will begin taking cryptocurrency for tax and other payments by the end of the summer, Gov. Jared Polis told CoinDesk. “For consumer convenience, we...

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