The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small....
The Australian government is preparing a strategy to combat tax dodging among small businesses amounting to an estimated $11 billion in missing tax payments, News.com.au reported Monday (Aug. 26). The nation’s Australian Taxation Office (ATO) warned Monday (Aug. 26) that there is an $11.1 billion...
Cloud accounting software firm Xero is broadening its reach in the small business tax filing space through an acquisition of Instafile. ZDNet reported this week that Xero, based in New Zealand, will acquire U.K.-based Instafile to integrate its cloud-based tax preparation and filing solution. The company...
It will take some time to understand the true impact of U.S. tax reform on the small business community, but so far, small business owners say the overhauls have made little impact on their hiring practices. In a new survey published by small business accounting...
February 10, 2020
The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), […]
