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

Bitcoin Daily: HM Revenue & Customs Demands Crypto Traders’ Info; Blockchain Lender Raises $18.3M In Series A Round
Bitcoin Daily: HM Revenue & Customs Demands Crypto Traders’ Info; Blockchain Lender Raises $18.3M In...
August 06, 2019  |  Bitcoin

The British tax authority wants cryptocurrency exchanges to share customer names and transaction data in order to track down unpaid taxes. According to CoinDesk, HM...

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IRS Cracking Down On Crypto-Holding Taxpayers
IRS Cracking Down On Crypto-Holding Taxpayers
July 26, 2019  |  Regulation

The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they...

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Libra Currency Could Pose Tax Challenges
Libra Currency Could Pose Tax Challenges
July 01, 2019  |  Cryptocurrency

With the idea of pegging Libra’s value to a basket of international currencies, Facebook’s proposed cryptocurrency would bring tax challenges to European users, per tax...

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Payroll Startup PayFit Lands $79M
Payroll Startup PayFit Lands $79M
June 18, 2019  |  B2B Payments

Payroll startup PayFit has announced $79 million in new funding, according to reports Monday (June 17). The France-based company secured the funding from Eurazeo and...

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G20 To Close Tax Loopholes For Big Tech By Next Year
G20 To Close Tax Loopholes For Big Tech By Next Year
June 10, 2019  |  Taxes

The Group of 20 finance ministers said over the weekend that they will come up with common rules to prevent tech companies from using tactics...

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UK Contractor Payroll Reforms Reignite Employee Definition Debate
UK Contractor Payroll Reforms Reignite Employee Definition Debate
June 05, 2019  |  B2B Payments

The rise of the gig worker has shaken up the talent pool, with some far-reaching consequences — particularly as it relates to employment regulation. Earlier...

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Indictment Names Major Banks In Cum-Ex Case
Indictment Names Major Banks In Cum-Ex Case
May 28, 2019  |  Security & Fraud

A German investigation of Cum-Ex tax deals involves as much as 447.5 million euros ($500 million) lost to the government centers around two London bankers...

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How To Make Gig Workers Feel Smarter About Taxes
How To Make Gig Workers Feel Smarter About Taxes
May 21, 2019  |  Digital Payments

Most of us, upon spotting a $10 bill on the ground, would pick it up and pocket it, assuming we were sure we were not...

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W Virginia Withholds Payment To Tax Delinquent Vendors
W Virginia Withholds Payment To Tax Delinquent Vendors
May 06, 2019  |  B2B Payments

The West Virginia State Auditor’s office has announced a new tax program aimed at vendors who owe the state money. The program will prevent vendors...

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