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

Deep Dive: How Firms Can Avoid Costly Mistakes Come Tax Season
Deep Dive: How Firms Can Avoid Costly Mistakes Come Tax Season
January 29, 2020  |  Spend Management

Spring may seem far away, but U.S. businesses are likely already feeling tax season’s pressures. Filing is exhausting and complicated for individuals, and businesses experience...

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In South Korea, Treating (And Taxing) Crypto Gains As Income
In South Korea, Treating (And Taxing) Crypto Gains As Income
January 21, 2020  |  Cryptocurrency

To get a better handle on crypto – and to boost government coffers, perhaps – change the tax designation (and rules, of course). To that...

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Will eSports And Other Online Businesses Spike Digital Taxes?
Will eSports And Other Online Businesses Spike Digital Taxes?
January 17, 2020  |  Taxes

Historians and economists regularly look to tax policies to get a sense of what happened within a particular industry, society or country. No doubt the...

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US Chamber Leader Criticizes Presidential Candidates
US Chamber Leader Criticizes Presidential Candidates
January 09, 2020  |  Politics

The head of the U.S. Chamber of Commerce, the largest and most powerful business lobbying group in the country, criticized presidential candidates challenging President Donald...

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Digital Taxes, Big Tech In Regulatory Focus As 2020 Dawns
Digital Taxes, Big Tech In Regulatory Focus As 2020 Dawns
January 06, 2020  |  Regulation Roundup

As 2020 dawns, regulators are continuing to focus on taxes and possible anti-competitive behavior on the part of tech’s marquee names. Russian regulators are seemingly...

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Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead
Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead
January 03, 2020  |  Taxes

There are certain years (and events) that represent significant shifts in business, where there was a way things were done — until everything changed. In...

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Deep Dive: How Not To Lose A Bundle On Bundled Taxes
Deep Dive: How Not To Lose A Bundle On Bundled Taxes
December 30, 2019  |  Next-Gen Sales Tax

Merchants frequently package products together into eye-catching bundles, selling everything from laptops with preloaded software to charcuterie gift baskets. Bundling can give customers an array...

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The State-By-State Complexities Of Sales Tax Compliance
The State-By-State Complexities Of Sales Tax Compliance
December 27, 2019  |  Today In Data

Retailers that want to sell merchandise nationwide must pay attention to how each state’s tax code treats their goods. For example, products considered to be exempt medical...

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When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase
When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase
December 27, 2019  |  Next-Gen Sales Tax

Call it the great Huggies debate. States tax sales of discretionary items like skateboards and exempt medical devices like inhalers — but they can’t agree...

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