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

UN Agency: Crypto Adoption Threatens Developing Countries

UN Agency: Crypto Adoption Threatens Developing Countries
UN Agency: Crypto Adoption Threatens Developing Countries
August 11, 2022  |  Cryptocurrency

The United Nations Conference on Trade and Development (UNCTAD) has warned that cryptocurrency use threatens developing countries’ monetary sovereignty — especially their ability to collect...

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India Expands Compulsory eInvoicing to Plug Revenue Leaks
India Expands Compulsory eInvoicing to Plug Revenue Leaks
August 02, 2022  |  Legal & Regulation

Businesses in India with an annual turnover of Rs 10 crore and above will be mandated to use electronic invoicing as of Oct. 1 in...

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Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
July 26, 2022  |  Cryptocurrency

A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Legislation introduced on Tuesday...

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The African Mobile Money Tax Experiment
The African Mobile Money Tax Experiment
July 07, 2022  |  Mobile Payments

After years of sustained growth, the mobile money sector in Africa is changing. Up until recently, mobile money has been seen as a substitute for...

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Crypto Market Derails Digital Currency Tax Payments Acceptance
Crypto Market Derails Digital Currency Tax Payments Acceptance
July 05, 2022  |  Cryptocurrency

Utah and Colorado are now the only states still on board with accepting cryptocurrency as payment for local taxes as deep declines in the marketplace...

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Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
May 24, 2022  |  Technology

On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to...

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Bezos Accuses Biden of ‘Misdirection’ on Inflation Comments
Bezos Accuses Biden of ‘Misdirection’ on Inflation Comments
May 15, 2022  |  Legal & Regulation

Amazon founder Jeff Bezos said President Joe Biden was misleading after Biden tweeted that inflation could be curbed if wealthy corporations were forced to “pay...

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Americans Earning More Interest on Late Tax Refunds
Americans Earning More Interest on Late Tax Refunds
May 09, 2022  |  Taxes

The Internal Revenue Service is set to pay billions in interest to tax filers as it struggles to process tax refunds. That’s according to a...

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