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

Walmart Reportedly Seeks Lower Prices From China Amid Tariff Pressure

Walmart Reportedly Seeks Lower Prices From China Amid Tariff Pressure
Walmart Reportedly Seeks Lower Prices From China Amid Tariff Pressure
March 06, 2025  |  Retail

Walmart reportedly wants Chinese suppliers to cut prices in the face of tariff-related pressures. However, the world’s largest retailer has thus far found few takers...

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White House Announces 1-Month Delay of Tariffs on Cars From Canada and Mexico
White House Announces 1-Month Delay of Tariffs on Cars From Canada and Mexico
March 05, 2025  |  Taxes

Cars from Canada and Mexico imported into the United States through the U.S.-Mexico-Canada Agreement (USMCA) will be exempted for one month from the tariffs imposed...

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KYB in Spotlight as Tariffs and Digital Innovation Reshape Procurement
KYB in Spotlight as Tariffs and Digital Innovation Reshape Procurement
March 05, 2025  |  B2B Payments

As U.S. tariffs come into full force, global trade routes are being redrawn. So too are B2B procurement strategies. The reconfiguration of sourcing decisions is...

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Senate Revokes Crypto Tax Reporting Rule Passed Under Biden
Senate Revokes Crypto Tax Reporting Rule Passed Under Biden
March 05, 2025  |  Cryptocurrency

The Senate has overturned a rule requiring cryptocurrency platforms to report customer transactions to the IRS. The rule, adopted under the Biden administration, would have...

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CFOs Say Tariffs Spark New Uncertainties as They Scramble to Reconfigure Supply Chains
CFOs Say Tariffs Spark New Uncertainties as They Scramble to Reconfigure Supply Chains
March 04, 2025  |  B2B Payments

With U.S. tariffs on Canadian, Chinese and Mexican imports now in full force, American companies are racing to retool their business playbooks amid a global...

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Best Buy: Tariffs Could Cut Comparable Sales by 1 Point
Best Buy: Tariffs Could Cut Comparable Sales by 1 Point
March 04, 2025  |  Earnings

Best Buy said Tuesday (March 4) that the U.S. tariffs on China that went into effect Feb. 4 could have a negative impact of about...

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Savings Up as Consumers Pare Spending in January and Gird for Inflation
Savings Up as Consumers Pare Spending in January and Gird for Inflation
February 28, 2025  |  Consumer Insights

Data from the Bureau of Economic Analysis released Friday (Feb. 28) offers sobering food for thought for merchants, even as the financial standing of consumers...

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Payoneer ‘Monitoring’ Tariff Situation Amid Record Volumes
Payoneer ‘Monitoring’ Tariff Situation Amid Record Volumes
February 27, 2025  |  Earnings

Payoneer is enjoying a boom in its B2B business along with its highest-ever volumes. The FinTech, which provides payments tools with a focus on small-...

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