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

Tax Platform April Wants to Give Users Faster Refunds

Tax Platform April Wants to Give Users Faster Refunds
Tax Platform April Wants to Give Users Faster Refunds
January 18, 2022  |  Taxes

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...

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Digital River’s Global Expansion Targets Cross Border Payments Complexity for Enterprise Merchants
Digital River’s Global Expansion Targets Cross Border Payments Complexity for Enterprise Merchants
January 18, 2022  |  Cross-border Payments

Increasingly, firms want to sell into new geographies to gain global scale. No easy task, noted Digital River’s Michael French, VP of Partnerships and Alliances,...

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Bitcoin Daily: Crypto Investors Flock to Puerto Rico for Tax Breaks; Competition, Bitcoin Value Drop May Impact Crypto Miner IPOs
Bitcoin Daily: Crypto Investors Flock to Puerto Rico for Tax Breaks; Competition, Bitcoin Value Drop...
January 16, 2022  |  Bitcoin

Crypto miners scheduled to go public will probably face some adversity in the next few months as bitcoin sees its price fall, according to a...

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Bitcoin Daily: Man Claiming He’s Bitcoin’s Inventor May Face Forgery Charges; Thailand Imposes 15% Capital Gain Tax on Crypto Trades; Bitcoin’s on-Chain Volume Climbs to $4.2T in 2021
Bitcoin Daily: Man Claiming He’s Bitcoin’s Inventor May Face Forgery Charges; Thailand Imposes 15% Capital...
January 06, 2022  |  Bitcoin

Thai taxpayers making money off cryptocurrencies will have to pay a 15% capital gains tax this year, CoinDesk reported Thursday (Jan. 6). While there will...

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Binance’s WazirX Targeted in Indian Tax Probe
Binance’s WazirX Targeted in Indian Tax Probe
January 03, 2022  |  Taxes

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....

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Fisticuffs Fly in Ghana Parliament During Electronic Payments Tax Debate
Fisticuffs Fly in Ghana Parliament During Electronic Payments Tax Debate
December 22, 2021  |  Taxes

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...

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Indian Tax Officials Raid Chinese Mobile Companies 
Indian Tax Officials Raid Chinese Mobile Companies 
December 22, 2021  |  Cross-border Payments

India’s Income Tax Department is carrying out a widespread crackdown on Chinese mobile companies, conducting searches at their Indian headquarters.  According to multiple published reports...

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Goldman Sachs: Loss of Child Tax Credit Could Upend Economic Recovery
Goldman Sachs: Loss of Child Tax Credit Could Upend Economic Recovery
December 20, 2021  |  Economy

U.S. economic recovery could stall if the estimated 65 million households receiving monthly child tax credits are cut off at the end of the year,...

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