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

Italy To Start Taxing Big Tech Firms On Jan. 1
Italy To Start Taxing Big Tech Firms On Jan. 1
December 26, 2019  |  International

Italy has announced that it’s going to follow in France’s footsteps and tax big tech companies, a move that threatens to further complicate relations with...

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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws
A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws
December 26, 2019  |  Next-Gen Sales Tax

Merchants aiming to sell nationwide must pay attention to how their goods are treated by each state’s tax code. Items considered as exempt medical necessities...

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Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
December 23, 2019  |  International

Indonesia has announced it’s going to reduce the threshold for taxing imported eCommerce consumer goods from $75 to $3, to help control the purchases of...

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Bitcoin Daily: Lukka Launches TurboTax For Crypto
Bitcoin Daily: Lukka Launches TurboTax For Crypto
December 19, 2019  |  Bitcoin

Cryptocurrency accounting firm Lukka has released a new service that will figure out the taxes on crypto assets, according to a report by CoinDesk. The...

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Navigating The ‘Hot Mess’ Of Online Food Delivery Sales Tax
Navigating The ‘Hot Mess’ Of Online Food Delivery Sales Tax
December 13, 2019  |  Taxes

In commerce, when it comes to taxes, new business models beget new (tax) problems. Against that backdrop, tax collection in the nascent restaurant delivery space...

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QuickBooks Releases Expanded Payroll Services Suite
QuickBooks Releases Expanded Payroll Services Suite
December 12, 2019  |  B2B Payments

The company behind QuickBooks, Intuit, announced it is releasing an expanded suite of online payroll offerings to help small to medium-sized businesses (SMBs) automate payroll...

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Bitcoin Daily: Bank of China Issues $2.8B Via Blockchain; Brazil Fines Failure To Declare Crypto
Bitcoin Daily: Bank of China Issues $2.8B Via Blockchain; Brazil Fines Failure To Declare Crypto
December 09, 2019  |  Bitcoin

Bank of China announced that it has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small- and micro-sized businesses using its own blockchain...

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New Digital Taxes Loom On Tech Firms In Europe
New Digital Taxes Loom On Tech Firms In Europe
November 25, 2019  |  Regulation

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on...

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Sales Tax Discrepancies Found In Food Delivery Space
Sales Tax Discrepancies Found In Food Delivery Space
November 20, 2019  |  Delivery

Food delivery services like Grubhub need to charge more for sales tax and aren’t doing so, according to company CEO Matt Maloney. Maloney’s comments appeared...

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