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: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India
Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate...
August 24, 2020  |  Legal & Regulation

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Get...

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UK Says Digital Tax On US Big Techs Like Facebook, Amazon And Google Stays
UK Says Digital Tax On US Big Techs Like Facebook, Amazon And Google Stays
August 24, 2020  |  Cross-border Payments

Officials in the United Kingdom have denied a published report that the U.K. is planning to end a tax on U.S. digital companies. Get the...

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Report: UK Tax Aimed At Facebook, Amazon, Google To Be Repealed
Report: UK Tax Aimed At Facebook, Amazon, Google To Be Repealed
August 23, 2020  |  Taxes

The U.K. is planning to repeal a tax targeting Facebook, Amazon and Google amid opposition from the President Donald Trump administration, the Daily Mail reported....

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IRS Sends Refund Interest Checks To 13.9 Million Taxpayers
IRS Sends Refund Interest Checks To 13.9 Million Taxpayers
August 18, 2020  |  Taxes

The U.S. Department of the Treasury and the IRS are planning to send out interest payments totaling $18 on average to 13.9 million Americans who...

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Bitcoin Daily: Venezuela May Collect Taxes In Crypto; Russian Agency Proposes AI To Track Crypto Transactions
Bitcoin Daily: Venezuela May Collect Taxes In Crypto; Russian Agency Proposes AI To Track Crypto...
August 12, 2020  |  Bitcoin

Venezuela may be going forward with a plan to allow the use of the Petro (PTR) cryptocurrency to pay taxes, according to Cointelegraph. Get the...

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Will COVID And Fraud Finally Kill The Paper Check?
Will COVID And Fraud Finally Kill The Paper Check?
August 03, 2020  |  Digital Payments

PYMNTS has been writing for years about the ongoing push to #killthecheck, but paper checks live on because of their ubiquity of acceptance and simplicity...

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US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
July 29, 2020  |  Loans

Lawmakers want to fix a mix-up in the economic relief CARES Act laws from March that could cost small businesses $120 billion in taxes, The...

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It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021
It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021
July 15, 2020  |  Taxes

Today (July 15) is Tax Day, and despite it coming three months later than normal due to COVID-19, several million Americans will be scrambling to...

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