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

Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto Spending
July 26, 2022  |  Cryptocurrency

A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Legislation introduced on Tuesday...

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The African Mobile Money Tax Experiment
The African Mobile Money Tax Experiment
July 07, 2022  |  Mobile Payments

After years of sustained growth, the mobile money sector in Africa is changing. Up until recently, mobile money has been seen as a substitute for...

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Crypto Market Derails Digital Currency Tax Payments Acceptance
Crypto Market Derails Digital Currency Tax Payments Acceptance
July 05, 2022  |  Cryptocurrency

Utah and Colorado are now the only states still on board with accepting cryptocurrency as payment for local taxes as deep declines in the marketplace...

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Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
Today in TechREG: ECB Warns Crypto Could Shake Financial Stability
May 24, 2022  |  Technology

On Tuesday (May 24), the European Central Bank (ECB) published a report flagging possible financial stability risks in the future if crypto assets continue to...

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Bezos Accuses Biden of ‘Misdirection’ on Inflation Comments
Bezos Accuses Biden of ‘Misdirection’ on Inflation Comments
May 15, 2022  |  Politics

Amazon founder Jeff Bezos said President Joe Biden was misleading after Biden tweeted that inflation could be curbed if wealthy corporations were forced to “pay...

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Americans Earning More Interest on Late Tax Refunds
Americans Earning More Interest on Late Tax Refunds
May 09, 2022  |  Taxes

The Internal Revenue Service is set to pay billions in interest to tax filers as it struggles to process tax refunds. That’s according to a...

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UK Retail Jobs Alliance Embrace Shift from Shops Tax to Online Sales Tax
UK Retail Jobs Alliance Embrace Shift from Shops Tax to Online Sales Tax
May 03, 2022  |  Retail

U.K. retail firms Tesco, J Sainsbury, Greggs and Waterstones, among others, have formed the Retail Jobs Alliance, a coalition that will push to eliminate the...

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‘eLevy’ Causes Mobile Money Concerns in Ghana
‘eLevy’ Causes Mobile Money Concerns in Ghana
May 02, 2022  |  Taxes

This week marks the launch of Ghana’s “eLevy,” a 1.5% tax on all mobile money transactions higher than 100 Ghanaian cedis (about $13). But as...

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China Experiments With CBDC Tax Payments
China Experiments With CBDC Tax Payments
April 29, 2022  |  CBDC

Citizens in China have reportedly begun paying taxes with the digital yuan as part of a pilot program in the Zhejiang province. As Crypto News...

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