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

Indonesia Reduces Import Tax Threshold To Protect Smaller Firms

Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
Indonesia Reduces Import Tax Threshold To Protect Smaller Firms
December 23, 2019  |  International

Indonesia has announced it’s going to reduce the threshold for taxing imported eCommerce consumer goods from $75 to $3, to help control the purchases of...

READ MORE >
Bitcoin Daily: Lukka Launches TurboTax For Crypto
Bitcoin Daily: Lukka Launches TurboTax For Crypto
December 19, 2019  |  Bitcoin

Cryptocurrency accounting firm Lukka has released a new service that will figure out the taxes on crypto assets, according to a report by CoinDesk. Get...

READ MORE >
Navigating The ‘Hot Mess’ Of Online Food Delivery Sales Tax
Navigating The ‘Hot Mess’ Of Online Food Delivery Sales Tax
December 13, 2019  |  Taxes

In commerce, when it comes to taxes, new business models beget new (tax) problems. Get the Full Story Complete the form to unlock this article...

READ MORE >
QuickBooks Releases Expanded Payroll Services Suite
QuickBooks Releases Expanded Payroll Services Suite
December 12, 2019  |  B2B Payments

The company behind QuickBooks, Intuit, announced it is releasing an expanded suite of online payroll offerings to help small to medium-sized businesses (SMBs) automate payroll...

READ MORE >
Bitcoin Daily: Bank of China Issues $2.8B Via Blockchain; Brazil Fines Failure To Declare Crypto
Bitcoin Daily: Bank of China Issues $2.8B Via Blockchain; Brazil Fines Failure To Declare Crypto
December 09, 2019  |  Bitcoin

Bank of China announced that it has issued 20 billion yuan ($2.8 billion) in blockchain-based bonds for small- and micro-sized businesses using its own blockchain...

READ MORE >
New Digital Taxes Loom On Tech Firms In Europe
New Digital Taxes Loom On Tech Firms In Europe
November 25, 2019  |  Regulation

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on...

READ MORE >
Sales Tax Discrepancies Found In Food Delivery Space
Sales Tax Discrepancies Found In Food Delivery Space
November 20, 2019  |  Delivery

Food delivery services like Grubhub need to charge more for sales tax and aren’t doing so, according to company CEO Matt Maloney. Get the Full...

READ MORE >
NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
November 15, 2019  |  Taxes

New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it...

READ MORE >
Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
November 11, 2019  |  B2B Payments

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that...

READ MORE >