Mexico passed a law this week that taxes digital services from other countries, according to a report. A 16 percent value-added tax (VAT) will be tacked onto digital services starting on June 1 of this year. The law will apply to all services, even B2B...
Europe has long sought to make very profitable Big Tech companies conducting business through the web pay tax where they sell their offerings instead of in tax havens. The continent now wants global financial leaders to make taxing digital giants a priority in 2020, Reuters...
For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of what equates to “abusive” practices may scale back investigations (and fines) and some states seek to boost consumer protections. We...
France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due to a dispute with the U.S. over the issue, Reuters is reporting. The payments were due in April, and Washington took issue with...
January 27, 2020
For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of what equates to “abusive” practices may scale back investigations (and fines) and some states seek to boost consumer protections. We break down why 2020 may herald big changes for the bureau.
March 11, 2019
One of the positive (or at least most promising) projects in the push toward more digital forms of payment and commerce concerns taxes — specifically, bringing more efficiency to a process...
February 14, 2020
Europe has long sought to make very profitable Big Tech companies conducting business through the web pay tax where they sell their offerings instead of in tax havens. The continent now wants global financial leaders to make taxing digital giants a priority in 2020, Reuters reported. Central bank governors, as well as finance ministers, of […]
January 21, 2020
France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due to a dispute with the U.S. over the...
October 14, 2019
Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax hike, sources told Reuters on...
September 27, 2019
In a move that increases pressure on multinationals, European Union commissioners-designate said the bloc should come to an agreement on a digital tax if a deal doesn’t happen at a...
