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

Platforms Help Charities Get Donations From Crypto Holders on Giving Tuesday
Platforms Help Charities Get Donations From Crypto Holders on Giving Tuesday
November 29, 2021  |  Cryptocurrency

They’re volatile, yes, but the overall trend in cryptocurrency prices — at least over time — has been up and to the right. Not all...

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UK Crypto Exchanges Face 2% Tax, Not Exempt Since Country Doesn’t Recognize Digital Assets
UK Crypto Exchanges Face 2% Tax, Not Exempt Since Country Doesn’t Recognize Digital Assets
November 28, 2021  |  Taxes

U.K.-based crypto exchanges will now have to pay a new digital service tax after an update to the regulations for Her Majesty’s Revenue and Customs...

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Bitcoin Daily: FCA to Crack Down on Crypto Sent to Terrorist Groups; UK May Lose Millions in Taxes on Crypto Due to El Salvador Loophole
Bitcoin Daily: FCA to Crack Down on Crypto Sent to Terrorist Groups; UK May Lose...
November 28, 2021  |  Bitcoin

El Salvador’s move to make bitcoin a legal tender could end up causing problems at tax time elsewhere in the world, a report from The...

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Amex Fires Sales Staff Over Wire Payment Tax Benefit Claims
Amex Fires Sales Staff Over Wire Payment Tax Benefit Claims
November 24, 2021  |  Personnel

American Express has terminated some of its employees and disciplined others stemming from the sales staff’s positioning of products “inappropriately,” particularly related to purported tax...

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Dublin Startup Fonoa Raises $25M for Tax Automation
Dublin Startup Fonoa Raises $25M for Tax Automation
November 22, 2021  |  International

Dublin-based tax automation startup Fonoa has raised $25 million in a funding round, which the company plans to use to expand businesses’ tax compliance, according...

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AmEx Lured Business Customers with Fraudulent Sales Pitch
AmEx Lured Business Customers with Fraudulent Sales Pitch
November 22, 2021  |  Banking

American Express’ pitch to business customers that using an AmEx card to pay employees and suppliers turned out to be built on a flawed premise...

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IRS Seizes $3.5B in Crypto in FY 2021
IRS Seizes $3.5B in Crypto in FY 2021
November 19, 2021  |  Security & Fraud

The Internal Revenue Service (IRS) seized $3.5 billion in cryptocurrencies during the fiscal year 2021, accounting for 93% of the assets seized during the year....

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Argentina Releases Decree to Tax Crypto Exchanges, Transactions
Argentina Releases Decree to Tax Crypto Exchanges, Transactions
November 19, 2021  |  Taxes

Most cryptocurrency transactions and exchanges will be subject to taxation in Argentina after the government clarified and updated new rules limiting tax exemptions to third-party...

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US Reps Hope to Amend Infrastructure Bill’s Crypto Rules 
US Reps Hope to Amend Infrastructure Bill’s Crypto Rules 
November 18, 2021  |  Cryptocurrency

A bipartisan collective of U.S. congressional representatives has introduced a bill aimed at dealing with a tax reporting requirement for cryptocurrency in the $1.7 trillion...

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