A tax for working at home? Really? Yes, says Luke Templeman, a thematic strategist at Deutsche Bank in Konzept, the bank’s recently issued research report. Before the pandemic, the number of work-from-homers shot up 173 percent in the United States between 2005 and 2018, the...
Banks chartered by the federal government can offer digital currency custody services, the Office of the Comptroller of the Currency (OCC) said in a Wednesday (July 22) announcement. The governmental body said that thrifts, along with state and national banks, have a lengthy history of...
Starting next month, it will cost Amazon, Netflix, Spotify and Google more to do business in Indonesia. The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways...
Bitcoin transaction fees are simmering back down to ordinary levels after a heavy wave of them in early May, reports suggest. The transaction fees are now around 80 BTC paid to miners on Tuesday (May 26). Earlier in the month, they had hit a high...
February 21, 2019
Everyone knows the ritual, one that combines solid numbers and a sense of hope: the reimbursement of mileage driven by workers in service of their employers. The task traditionally involves the official IRS mileage reimbursement rate (which, for 2019, stands at $0.58 per mile, up $0.035 from last year), along with the knowledge that some […]
August 12, 2022
As it deals with a growing financial crisis, Nigeria is preparing to implement a 5% tax on voice calls, text messages and mobile data. As Bloomberg News reported Friday (Aug. 12), Nigerian Finance Minister Zainab Ahmed announced the tax in a statement outlining the country’s fiscal predicament, as it spends more on debt servicing than […]
November 12, 2020
A tax for working at home? Really? Yes, says Luke Templeman, a thematic strategist at Deutsche Bank in Konzept, the bank’s recently issued research report. Before the pandemic, the number...
July 22, 2020
Banks chartered by the federal government can offer digital currency custody services, the Office of the Comptroller of the Currency (OCC) said in a Wednesday (July 22) announcement. The governmental...
July 07, 2020
Starting next month, it will cost Amazon, Netflix, Spotify and Google more to do business in Indonesia. The Southeast Asian country’s national tax office announced it will impose a 10...
