Tax Day 2023 is nearly a year away, but Verizon wants fleet-based businesses to have ample time to prepare. To that end, the telecom company announced in a Tuesday (April 19) press release a new collaboration between Verizon Connect — the company’s fleet management unit...
The federal Internal Revenue Service is investigating whether American Express sales staff gave faulty tax guidance to potential customers in an effort to sell them payment card-related services, the Wall Street Journal reported. The pitch, according to the Journal, which reported its use in November,...
The world’s biggest online platforms could be assessed an annual fee of up to 0.1% of yearly net income to cover costs to regulate compliance with European Union (EU) rules requiring them to police their content, Reuters reported Tuesday (April 5). The Digital Services Act...
Airbnb Inc. found a home for more than $1.5 billion in tourism taxes last year in every U.S. state, the District of Columbia and Puerto Rico, the California-based online marketplace for lodging announced Thursday (March 17). Despite the limitations placed by the pandemic, Airbnb achieved...
Following a $10 million seed round, tax platform April began operations Tuesday (Jan. 18) with the backing of financial institutions (FIs) that include Propel. The company says its platform uses “the latest in natural language processing and human-assisted AI” and a personalized engine to give...
A company owned by the cryptocurrency exchange Binance is one of the targets in India’s ongoing crackdown on alleged tax evaders, Bloomberg reported Monday (Jan. 3). Binance’s local firm WazirX is under investigation by the goods and service tax (GST) authority in Mumbai, after the...
Ghana lawmakers let their fists fly Monday (Dec. 20) during a parliamentary debate on a proposed electronic payments tax that has become a lightning rod since the discussion began several weeks ago, according to a Reuters report. The 1.75% electronic levy, which would include taxes...
Finance firm Credit Karma is integrating with TurboTax to make filing tax returns easier and getting refunds faster, according to a Monday (Dec. 20) press release. Both companies are owned by Intuit. The new tax experience aims to reduce the stress of tax preparation for...
U.K.-based crypto exchanges will now have to pay a new digital service tax after an update to the regulations for Her Majesty’s Revenue and Customs (HMRC), a report from Finbold says. The tax was debuted in April as a method of getting big tech companies...
