PYMNTS-MonitorEdge-May-2024

tax

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund various public expenditures.

Source: en.wikipedia.org

Nigeria Implements 5% Mobile Services Tax
Nigeria Implements 5% Mobile Services Tax
August 12, 2022  |  Mobile

As it deals with a growing financial crisis, Nigeria is preparing to implement a 5% tax on voice calls, text messages and mobile data. As...

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Deutsche Bank Report Eyes WFH Tax To Boost Economy
Deutsche Bank Report Eyes WFH Tax To Boost Economy
November 12, 2020  |  Economy

A tax for working at home? Really? Yes, says Luke Templeman, a thematic strategist at Deutsche Bank in Konzept, the bank’s recently issued research report....

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Bitcoin Daily: OCC: US National Banks Can Hold Digital Assets; S. Korea Eyes 20 Pct Tax On Crypto Trading
Bitcoin Daily: OCC: US National Banks Can Hold Digital Assets; S. Korea Eyes 20 Pct...
July 22, 2020  |  Bitcoin

Banks chartered by the federal government can offer digital currency custody services, the Office of the Comptroller of the Currency (OCC) said in a Wednesday...

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Indonesia Levies 10 Pct Tax On Sales From Tech Firms
Indonesia Levies 10 Pct Tax On Sales From Tech Firms
July 07, 2020  |  International

Starting next month, it will cost Amazon, Netflix, Spotify and Google more to do business in Indonesia. The Southeast Asian country’s national tax office announced...

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Bitcoin Daily: S Korea Eyes New Crypto Income Tax; Less Network Traffic Causes Drop In Bitcoin Fees
Bitcoin Daily: S Korea Eyes New Crypto Income Tax; Less Network Traffic Causes Drop In...
May 28, 2020  |  What's Hot

Bitcoin transaction fees are simmering back down to ordinary levels after a heavy wave of them in early May, reports suggest. The transaction fees are...

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Intuit Reportedly Set To Spend $7B To Buy Credit Karma
Intuit Reportedly Set To Spend $7B To Buy Credit Karma
February 23, 2020  |  Partnerships / Acquisitions

Intuit is close to finishing a deal to buy personal finance portal Credit Karma for around $7 billion in both cash and stock, according to The...

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Mexico To Tax Digital Services From Other Countries
Mexico To Tax Digital Services From Other Countries
February 14, 2020  |  B2B Payments

Mexico passed a law this week that taxes digital services from other countries, according to a report. A 16 percent value-added tax (VAT) will be...

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New India Tax Prompts Pushback By Amazon And Flipkart
New India Tax Prompts Pushback By Amazon And Flipkart
February 14, 2020  |  International

Amazon and Flipkart are pushing back against a proposed Indian tax on the online eCommerce market, saying it will stymie growth in the industry, according...

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Europe Tells G20 To Tackle Tech Firm Taxation
Europe Tells G20 To Tackle Tech Firm Taxation
February 14, 2020  |  Europe

Europe has long sought to make very profitable Big Tech companies conducting business through the web pay tax where they sell their offerings instead of...

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