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

Big Tech Compliance Tracker: EU Lawmakers Want Big Tech To Compensate News Publishers; China Finalizes Digital Antitrust Rules

Big Tech Compliance Tracker: EU Lawmakers Want Big Tech To Compensate News Publishers; China Finalizes Digital Antitrust Rules
Big Tech Compliance Tracker: EU Lawmakers Want Big Tech To Compensate News Publishers; China Finalizes...
February 16, 2021  |  Legal & Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. EU Legislators Want To Make...

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Maryland Passes First US Tax On Digital Ads
Maryland Passes First US Tax On Digital Ads
February 15, 2021  |  Taxes

Maryland lawmakers Friday threw the tax gauntlet down in front of Big Tech. The state’s lawmakers overturned a gubernatorial veto of a new tax on...

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Credit Karma Integrates Spend Account With TurboTax In First Post-Acquisition Move
Credit Karma Integrates Spend Account With TurboTax In First Post-Acquisition Move
February 11, 2021  |  Consumer Finance

Newly acquired by Intuit, Credit Karma is integrating its checking account tool with TurboTax in the companies’ first joint project following the tie-up in December. ...

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Tax Returns To Stolen ID Victims Show Massive Unemployment Fraud
Tax Returns To Stolen ID Victims Show Massive Unemployment Fraud
February 07, 2021  |  Cybersecurity

Tax forms states are sending people listed as having received unemployment benefits are likely to reveal to many addressees that their identities were used in...

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UK Considers Tax Hike On eComm Firms Powering Pandemic’s Digital Shift
UK Considers Tax Hike On eComm Firms Powering Pandemic’s Digital Shift
February 07, 2021  |  Taxes

British lawmakers are exploring levying an extra tax on companies that benefited from COVID-19 and have summoned executives from major firms that could be affected...

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New York State Tax Revenue Drops 10 Pct In 2020
New York State Tax Revenue Drops 10 Pct In 2020
February 03, 2021  |  Taxes

Local government sales tax collections dropped 10 percent in 2020, according to a press release from the state comptroller. That comes out to a $1.8...

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Tax Compliance Complicates Software Subscription Business
Tax Compliance Complicates Software Subscription Business
February 02, 2021  |  Subscriptions

Tax compliance has never been a simple issue for businesses. There are changing federal, state and local codes — and, of course, there are changes...

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German Finance Minister Says OECD Digital Tax Deal Likely By Summer
German Finance Minister Says OECD Digital Tax Deal Likely By Summer
January 29, 2021  |  Cross-border Payments

Germany’s finance minister sees OECD member states reaching a deal by this summer on imposing a tax on major digital firms. OECD member states have...

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