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

UK Government Charges People For Using Credit Cards To Pay Their Tax Bill
UK Government Charges People For Using Credit Cards To Pay Their Tax Bill
August 12, 2016  |  Payment Methods

HM Revenue & Customs (HMRC) has reportedly charged taxpayers £50 million over the last five years for the convenience of paying their taxes by credit...

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Around 1,000 Small Businesses Busted For Circumventing Greek Taxes
Around 1,000 Small Businesses Busted For Circumventing Greek Taxes
August 09, 2016  |  Regulation

Greece’s economy has been under pressure, and now, a bunch of the country’s small businesses are in trouble with Greek authorities. According to a report, Greek authorities...

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IRS May Nix Walk-In Tax Payments
IRS May Nix Walk-In Tax Payments
April 18, 2016  |  Regulation

In what might be a blow to taxpayers seeking help on the fly, the Internal Revenue Service is mulling the idea of disallowing walk-in visits...

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An eCom Tax A Day To Keep China’s Competitors At Bay
An eCom Tax A Day To Keep China’s Competitors At Bay
March 29, 2016  |  International

China is on the cusp of implementing tax rules that would impact cross-border eCommerce, a move that observers say would have the impact of making...

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For Corporates, Making Taxes Less Taxing
For Corporates, Making Taxes Less Taxing
November 24, 2015  |  B2B Payments

Thomson Reuters has unveiled the newest version of its ONESOURCE technology for tax compliance and reporting. Here’s what corporations – large and not-so-large – need...

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Yahoo Spins Off Alibaba Shares Tax-Free, Saves $16B
Yahoo Spins Off Alibaba Shares Tax-Free, Saves $16B
January 28, 2015  |  News

Yahoo unveiled its plan to spin off its nearly $40 billion stake in Alibaba on Tuesday (Jan. 27) — a plan that effectively eliminates the...

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Small Business Health Care Tax Credits Still Affected By 2013 Sequestration
Small Business Health Care Tax Credits Still Affected By 2013 Sequestration
October 08, 2014  |  B2B Payments

The IRS on Monday (Oct. 6) noted the impact of sequestration cuts on a small business health care tax incentive. The ACA offers the credit for SMBs...

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