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

Canada Considering Digital Services Tax Targeting Largest Tech Companies
Canada Considering Digital Services Tax Targeting Largest Tech Companies
April 17, 2024  |  Taxes

Canada’s Parliament is considering a tax on digital services revenue that would impact the world’s biggest tech companies. The legislation would cover companies’ digital services...

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Sovos Enhances Partner Network Amid Demand for Tax Compliance Services
Sovos Enhances Partner Network Amid Demand for Tax Compliance Services
April 15, 2024  |  B2B Payments

Compliance company Sovos has enhanced its Sovos Partner Network program to make it easier for partners to access new opportunities in technology, revenue and marketing....

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Sovos Enhances Connector Marketplace Amid Tax Compliance Changes
Sovos Enhances Connector Marketplace Amid Tax Compliance Changes
April 10, 2024  |  Taxes

Tax software firm Sovos has debuted an enhanced version of its Connector Marketplace. The launch, announced Wednesday (April 10), makes it easier for customers and partners to connect to...

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EU Leaders Seek Reforms to Attract Private Capital
EU Leaders Seek Reforms to Attract Private Capital
April 09, 2024  |  International

European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for this and other changes during...

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Amadeus and Taxera Partner on eInvoicing for Travel Sellers
Amadeus and Taxera Partner on eInvoicing for Travel Sellers
April 05, 2024  |  Partnerships

Amadeus and Taxera Technologies partnered to enable streamlined, secure and automated eInvoicing for travel sellers worldwide. The collaboration will add Taxera’s global tax compliance capabilities to the Amadeus Agency Manager and Amadeus Gestour travel...

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Sovos and PwC in Belgium Partner on eInvoicing, eReporting Solutions
Sovos and PwC in Belgium Partner on eInvoicing, eReporting Solutions
March 28, 2024  |  Partnerships

Sovos, a global tax software provider, has joined forces with PwC in Belgium to streamline the adoption of eInvoicing among businesses. This collaboration establishes a...

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Binance Charged With Tax Evasion in Nigeria as Exec Escapes
Binance Charged With Tax Evasion in Nigeria as Exec Escapes
March 25, 2024  |  Cryptocurrency

Nigeria has reportedly charged Binance and two of the cryptocurrency exchange’s executives with tax evasion. The charges come with a dramatic wrinkle, as one of those executives, who...

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Collective Debuts AI-Powered Accounting Tool for Solopreneurs
Collective Debuts AI-Powered Accounting Tool for Solopreneurs
March 19, 2024  |  B2B Payments

Collective has debuted an artificial intelligence (AI)-powered accounting platform designed for one-person operations. “As freelancers delve into the administration needed to properly pay their taxes and...

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Tax Compliance Process Changes With Electronic Invoicing
Tax Compliance Process Changes With Electronic Invoicing
March 19, 2024  |  Taxes

Steve Sprague, chief strategy and product officer at Sovos, told PYMNTS in a recent interview that tax compliance is changing — from an intermittent activity...

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