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

Tanzania Backtracks as Mobile Money Levy Proves Unpopular Across African Markets

Tanzania Backtracks as Mobile Money Levy Proves Unpopular Across African Markets
Tanzania Backtracks as Mobile Money Levy Proves Unpopular Across African Markets
September 28, 2022  |  Taxes

In recent years, several African countries where mobile money transactions are a popular means of payments have introduced levies on digital transactions, much to the...

READ MORE >
UK Tempts Tourists With Tax-Free Shopping
UK Tempts Tourists With Tax-Free Shopping
September 23, 2022  |  Retail

Retailers in the U.K. can roll out the tax-free welcome mat to overseas visitors now that the region has re-instituted the tourist perk in hopes...

READ MORE >
HR Company TriNet Buys Clarus R+D to Help SMBs Gain R&D Tax Credits
HR Company TriNet Buys Clarus R+D to Help SMBs Gain R&D Tax Credits
September 06, 2022  |  Acquisitions

Human resources (HR) solutions provider TriNet has acquired Clarus R+D Solutions, saying this will expand the range of solutions it offers to include simplifying the...

READ MORE >
Washington, DC Suing MicroStrategy Co-Founder for Tax Evasion
Washington, DC Suing MicroStrategy Co-Founder for Tax Evasion
August 31, 2022  |  Legal

Washington, D.C. is suing technology executive Michael J. Saylor and data tracking company MicroStrategy — which Saylor co-founded — alleging that Saylor evaded D.C. income...

READ MORE >
Japan’s Financial Regulator Wants to Ease Crypto Tax Rules
Japan’s Financial Regulator Wants to Ease Crypto Tax Rules
August 31, 2022  |  Cryptocurrency

Japan’s Financial Services Agency is calling for less stringent corporate tax rules for cryptocurrency assets and individual stock investors. Get the Full Story Complete the...

READ MORE >
Data brief: Managing Taxes Is Biggest Headache of Nearly 50% of Firms Hiring Internationally
Data brief: Managing Taxes Is Biggest Headache of Nearly 50% of Firms Hiring Internationally
August 30, 2022  |  Cross-border Payments

In 2021, United Kingdom businesses turned to hiring internationally to expand into new markets and tap into the worldwide talent pool. But firms soon realized...

READ MORE >
Government Unfazed as Multisector ‘Windfall Tax’ Draws Ire of Spanish Banks
Government Unfazed as Multisector ‘Windfall Tax’ Draws Ire of Spanish Banks
August 23, 2022  |  Taxes

As European economies seek shelter from inflation, governments across the continent are turning to windfall taxes — aimed at an industry that is perceived to...

READ MORE >
Stripe Lays Off Some TaxJar Employees
Stripe Lays Off Some TaxJar Employees
August 21, 2022  |  Personnel

Digital payments platform Stripe has reportedly laid off some employees who worked at tax compliance startup TaxJar, which it acquired in 2021. Get the Full...

READ MORE >
EMEA Daily: Nigeria Begins Regulating Mobile Devices via 5% Tax
EMEA Daily: Nigeria Begins Regulating Mobile Devices via 5% Tax
August 12, 2022  |  International

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Nigeria announced the implementation of a 5% tax on mobile devices. Get...

READ MORE >