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

Colorado’s Marijuana Industry Tops $6B
Colorado’s Marijuana Industry Tops $6B
February 13, 2019  |  Retail

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes...

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Facebook, Google Pressured In India Over Privacy, Taxes
Facebook, Google Pressured In India Over Privacy, Taxes
February 12, 2019  |  Regulation

Indian activists with the New Delhi-based Centre For Accountability And Systemic Change (CASC) and right-wing activist K.N. Govindacharya have asked lawmakers in India to call...

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White House Finalizes Rules On SMB Tax Break
White House Finalizes Rules On SMB Tax Break
January 21, 2019  |  B2B Payments

The U.S. Department of the Treasury has finalized rules through which businesses will be able to take advantage of a new 20 percent tax deduction....

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Bitcoin Daily: IBM Unveils Blockchain Projects; ICOs Notch $12.8B In ‘Team Profits’
Bitcoin Daily: IBM Unveils Blockchain Projects; ICOs Notch $12.8B In ‘Team Profits’
January 17, 2019  |  Bitcoin

IBM is planning to use blockchain to help monitor supply chains in the metals industry, CoinDesk reported. In one case, the technology company plans to...

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Blockchain Makes Inroads Into Banking
Blockchain Makes Inroads Into Banking
January 16, 2019  |  B2B Payments

Banks are giving the nod to blockchain to aid in speeding trade finance, especially in Asia, where the government and industry associations have launched efforts. Elsewhere,...

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Many Bitcoin Investors Don’t Plan To Deduct Losses On Tax Returns
Many Bitcoin Investors Don’t Plan To Deduct Losses On Tax Returns
January 15, 2019  |  Bitcoin

Bitcoin investors took a massive hit in 2018 – and, according to personal finance company Credit Karma, most of them don’t realize they can write...

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Small Business Accountants Lacking Clarity This Tax Season
Small Business Accountants Lacking Clarity This Tax Season
January 11, 2019  |  B2B Payments

Small businesses (SMBs) and their accountants are facing some uncertainties this tax season, with a lack of clarity on new tax laws presenting a challenge...

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B2B Startups Ink $2.4B Despite Talk Of A Bubble
B2B Startups Ink $2.4B Despite Talk Of A Bubble
January 11, 2019  |  B2B Payments

PitchBook and the National Venture Capital Association (NVCA) released startling data on Thursday (Jan. 10) about the growth of venture capital (VC): Investors deployed almost $131...

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Chile May Tax eCommerce Companies 19 Pct
Chile May Tax eCommerce Companies 19 Pct
January 10, 2019  |  International

Chile is considering a 19 percent tax on multinational eCommerce companies like Amazon, Netflix and Uber. Finance Minister Felipe Larrain made the announcement on Thursday...

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