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

Apple and Google Court Losses Mark ‘Big Win’ for Regulators

Apple and Google Court Losses Mark ‘Big Win’ for Regulators
Apple and Google Court Losses Mark ‘Big Win’ for Regulators
September 10, 2024  |  Legal & Regulation

A European court has ruled against both Apple and Google in separate cases. The European Union Court of Justice has upheld a 2016 decision by the European Commission that Ireland gave...

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Navigating the IRS’s Dirty Dozen: Protecting The Enterprise From Tax Scams
Navigating the IRS’s Dirty Dozen: Protecting The Enterprise From Tax Scams
September 10, 2024  |  Taxes

As Ben Franklin once said, nothing in life is certain except for death and taxes. And add to that a new pressing issue for businesses:...

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Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’
September 09, 2024  |  Banking

The Bank of London reportedly said Monday (Sept. 9) that it paid all its taxes after internal miscommunication caused a delay. The bank’s statement followed...

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Sovos President: 2024 Has Been ‘Stark Realization’ for Businesses
Sovos President: 2024 Has Been ‘Stark Realization’ for Businesses
September 05, 2024  |  Opinion

Companies need a long-term strategy when it comes to tax and compliance so that no one event or outside factor can disrupt operations, Sovos President...

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Governments Confront the Challenge of Taxing Digital Advertising
Governments Confront the Challenge of Taxing Digital Advertising
August 27, 2024  |  Taxes

Governments globally are wrestling with the challenge of taxing the digital economy, with digital advertising emerging as a key target. As traditional revenue sources from...

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IRS Targets ‘Ghost Preparers’ and Other Emerging Scams Aimed at Taxpayers
IRS Targets ‘Ghost Preparers’ and Other Emerging Scams Aimed at Taxpayers
August 16, 2024  |  Cybersecurity

After a tax filing season that saw a growing number of scams, the IRS and several partners from the private and public sectors said they’re...

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DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
August 02, 2024  |  Earnings

The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. And all three...

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They Said That: Notable Quotables for the Week of July 29
They Said That: Notable Quotables for the Week of July 29
August 02, 2024  |  Payments Innovation

It was the thick of earnings season this week, but that didn’t mean PYMNTS’ interviews with key executives took a break. Here are some of...

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