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

Amex Fires Sales Staff Over Wire Payment Tax Benefit Claims
Amex Fires Sales Staff Over Wire Payment Tax Benefit Claims
November 24, 2021  |  Personnel

American Express has terminated some of its employees and disciplined others stemming from the sales staff’s positioning of products “inappropriately,” particularly related to purported tax...

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Dublin Startup Fonoa Raises $25M for Tax Automation
Dublin Startup Fonoa Raises $25M for Tax Automation
November 22, 2021  |  International

Dublin-based tax automation startup Fonoa has raised $25 million in a funding round, which the company plans to use to expand businesses’ tax compliance, according...

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AmEx Lured Business Customers with Fraudulent Sales Pitch
AmEx Lured Business Customers with Fraudulent Sales Pitch
November 22, 2021  |  Banking

American Express’ pitch to business customers that using an AmEx card to pay employees and suppliers turned out to be built on a flawed premise...

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IRS Seizes $3.5B in Crypto in FY 2021
IRS Seizes $3.5B in Crypto in FY 2021
November 19, 2021  |  Security & Fraud

The Internal Revenue Service (IRS) seized $3.5 billion in cryptocurrencies during the fiscal year 2021, accounting for 93% of the assets seized during the year....

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Argentina Releases Decree to Tax Crypto Exchanges, Transactions
Argentina Releases Decree to Tax Crypto Exchanges, Transactions
November 19, 2021  |  Taxes

Most cryptocurrency transactions and exchanges will be subject to taxation in Argentina after the government clarified and updated new rules limiting tax exemptions to third-party...

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US Reps Hope to Amend Infrastructure Bill’s Crypto Rules 
US Reps Hope to Amend Infrastructure Bill’s Crypto Rules 
November 18, 2021  |  Cryptocurrency

A bipartisan collective of U.S. congressional representatives has introduced a bill aimed at dealing with a tax reporting requirement for cryptocurrency in the $1.7 trillion...

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EMEA Daily: UK’s Cazoo Acquires Swipcar for $40M; Mastercard’s Aiia Powers New Platform in Denmark
EMEA Daily: UK’s Cazoo Acquires Swipcar for $40M; Mastercard’s Aiia Powers New Platform in Denmark
November 16, 2021  |  International

In today’s top Europe, Middle East and Africa (EMEA) news, U.K. online car retailer Cazoo acquires motor vehicle subscription platform Swipcar for $40 million; Mastercard’s...

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Qatar’s Commercial Bank Rolls Out Online Service for Tax Payments 
Qatar’s Commercial Bank Rolls Out Online Service for Tax Payments 
November 16, 2021  |  International

Qatar’s largest private sector bank, Commercial Bank, has teamed with the General Tax Authority (GTA) to offer a direct payment service whereby funds from the taxpayer’s...

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Senators Aim to Amend Infrastructure Bill’s Crypto Rules
Senators Aim to Amend Infrastructure Bill’s Crypto Rules
November 15, 2021  |  Regulation

A pair of U.S. senators is introducing a bill that would change some of the cryptocurrency tax reporting rules included in the new $1.5 trillion...

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