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
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. Get the Full...

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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  |  Cross-border Payments

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. Get...

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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  |  Legal & 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. Get the Full Story...

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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. Get the Full Story Complete the form to unlock this article and...

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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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