Transaction tax

Recorded growth in gross direct tax collection of 30% in 2022-23

The Central Commission of Direct Taxes (CBDT) in a statement said the net collections of direct taxes so far this exercise are to ₹700,669 crore, an increase of 23% compared to ₹568,147 crores till the same period of the corresponding financial year. The total includes the corporation tax of ₹368,484 crore and personal income tax […]

Transaction tax

Crypto Transactions To Attract GST Soon; What this means for traders, how it can affect you

The indirect cryptocurrency tax may be in place soon, as the government has started working on a comprehensive regime for cryptoassets. Framing these rules would prevent any loss of revenue to the public treasury due to the lack of clarity around the true nature of these assets, according to a recent report. The report also […]

Transaction tax

Swyftx Vs. Binance: Which Is Better?

Ease of use Swyftx and Binance are designed for different categories of users, which is evident in their respective usability. Swyftx primarily aims to facilitate the buying and selling of cryptocurrencies with fiat currency (i.e. AUD, NZD and USD). Verified users can select a deposit method to top up their account with AUD, then use […]

Transaction tax

How much tax will I pay if I rent out my Phoenix home for part of the year?

Every week, Mansion Global poses a tax question to real estate tax lawyers. Here is this week’s question. Q. I am looking to buy a winter home in Phoenix and want to rent it out the rest of the year. What type of tax am I facing? A. How much tax is paid on rental […]

Transaction tax

e-CNY trading volume tops $15 billion in 2022

China’s central bank called for the orderly expansion of the scope of the digital yuan pilot project through interconnectivity with traditional electronic payment tools to make its usage scenarios more convenient for customers. Quoted by the government-run news portal China.org.cn, Fan Yifei, vice governor of the People’s Bank of China, said regulations and standards in […]

Transaction tax

Malaysian Tax Law – Stamp Duty

1.What is stamp duty? In Malaysia, Stamp Duty is a tax levied on a variety of written instruments specified in the First Schedule of the Stamp Duty Act 1949 (“the act”). Generally, stamp duty will be imposed on legal, commercial and financial instruments. There are two types of stamp duty, namely ad valorem duty and […]

Transaction tax

Big Business Lobbying Fuels US Inflation Problems

America’s biggest retailers are raking in huge profits even as the American people struggle to make ends meet. This year, as inflation rates hit 40-year highs, big box stores are looking to make record profit margins. Now, some of those retailers have set their sights on consumer credit cards to further boost their bottom line. […]

Transaction tax

Share buy-back tax could have wider impact: EY

The new 1% excise tax on share buybacks contained in the Cut Inflation Act could potentially impact a surprisingly wide range of transactions — including special purpose acquisition company (SPAC) liquidations, Ernst & Young tax experts said in a webinar this week. Under the Curbing Inflation Act enacted last month, publicly traded companies starting next […]

Transaction tax

The Eaton Corp. helped fund a conservative nonprofit

CLEVELAND, Ohio — Eaton Corporation, an energy management company that moved its headquarters from Cleveland to Ireland nearly a decade ago, played a devious role in providing a $1.6 billion windfall to a new conservative non-profit group, according to a New York Times report last week. An electronics manufacturing magnate named Barre Seid, who served […]

Transaction tax

401(k)s should not be overlooked when changing jobs. Here’s what to consider.

Many workers who change jobs in the wake of the pandemic — whether for more money, better opportunities for advancement, or flexible hours — risk overlooking an important factor: their retirement savings. Those who increase their income by changing jobs should be able to save more money, which bodes well from a retirement savings perspective, […]

Transaction tax

Digital assets and blockchain will force sales tax to evolve

The sales tax challenge facing state legislators and regulators regarding the application of sales tax to digital assets traded on the blockchain is new, but by no means unprecedented. There have been many occasions where sales tax regulators have been challenged to understand changing technologies. It’s fair to say that sales tax rules have lately […]

Transaction tax

Addition u/s 68 will stand when assessee failed to prove authenticity of cash credit: ITAT

By Yogitha S. Yogesh – August 22, 2022 6:30 a.m. The Income Tax Appeal Tribunal, Allahabad Bench, has ruled that the addition under Section 68 of the Income Tax Act 1961 will stand when the assessed n failed to prove the authenticity of cash credit. The assessee, Ghaus Memorial Sahkari Awas Samiti Ltd, a co-operative […]

Transaction tax

Crypto.com Gets Regulatory Approval to Operate in the UK

Crypto.com today announced regulatory approval from the UK’s Financial Conduct Authority (FCA) to act as a crypto business. According to the FCA filing, the exchange is registered under FORIS DAX UK LIMITED. With this approval in hand, the company also complies with local anti-money laundering (AML) regulations. Kris Marszalek, CEO and co-founder of Crypto.com, said […]

Transaction tax

ITR filing: you can still face a fine of ₹5,000 even if the tax return is filed on time

Nearly 15 days have passed since the last tax filing deadline (ITR) for fiscal year 2021-22 and tax year 2022-23. About 5.83 crore ITR have been deposited till July 31, the deadline for the mentioned valuation year. However, there are chances that even if you filed your ITR on time, you could still face a […]

Transaction tax

Scott M. Mcfarlane sells 20,000 shares of Avalara, Inc. (NYSE: AVLR)

Avalara, Inc. (NYSE: AVLR – Get a rating) insider Scott M. Mcfarlane sold 20,000 shares in a trade dated Wednesday, August 10. The stock was sold at an average price of $91.82, for a total transaction of $1,836,400.00. Following the sale, the insider now owns 583,644 shares of the company, valued at approximately $53,590,192.08. The […]

Transaction tax

Foreign internet companies in Kazakhstan have paid nearly $6.3 million in digital taxes since the start of this year

NUR-SULTAN – Foreign internet companies operating in Kazakhstan have paid three billion tenge ($6.3 million) in digital taxes since the beginning of the year, the head of the digital assets department of the revenue committee of the state, Nurzhan Kuandykov, during a live on August 11. press briefing on the committee’s official YouTube channel. 32 […]

Transaction tax

HMRC provides tax advice too late

In the spirit of helping taxpayers comply with their tax obligations, HM Revenue & Customs publishes large amounts of advice online. These tips are intended to help taxpayers file and pay their taxes on time and avoid penalties. There is only one problem: the timing. The arrival of HMRC advice does not always coincide with […]

Transaction tax

Why the banks funding Musk’s Twitter deal are unlikely to help him walk away

Banks that agreed to fund Elon Musk’s $44 billion acquisition of Twitter Inc have a financial incentive to help the world’s richest person walk away, but would face protracted legal difficulties, say sources. people close to the agreement and experts in company law. Twitter sued Musk to force him to complete the deal, dismissing his […]

Transaction tax

Akin Gump advises Vitol on the acquisition of Vivo Energy for 2.3 billion dollars

Media Mentions and Press Releases   August 1, 2022 August 1, 2022 (London) – Akin Gump advised VIP II Blue BV, a wholly owned subsidiary of Vitol Investment Partnership II Ltd (VIP II), in its $2.3 billion takeover of Vivo Energy Plc by way of arrangement. VIP II is an investment vehicle advised by commodity […]

Transaction tax

Liz Weston: Do ‘similar’ commercial real estate investments defer capital gains taxes?

Dear Liz: My husband and I are selling commercial property for $600,000 and we have questions about capital gains. Our real estate agent said we had 90 days to buy another property, but suggested we not make a purchase due to the the state of the economy right now. We are looking for suggestions to […]

Transaction tax

Will he or will he not be charged soon?

Comment Based on hundreds of news and investigative reports over the past few years, not to mention well-researched books like Peter Schweizer’s Profiles in corruption: Abuse of power by America’s progressive elite, Hunter Biden – Joe Biden’s second son – is said to have waltzed on the dark side of the law for most of […]

Transaction tax

Harel Insurance Investments & Financial Services Ltd. holds a $51,000 equity position in Avalara, Inc. (NYSE: AVLR)

Harel Insurance Investments & Financial Services Ltd. reduced its position in shares of Avalara, Inc. (NYSE: AVLR – Get a rating) by 48.2% in the first quarter, Holdings Channel.com reports. The company held 510 shares of the company after selling 475 shares during the period. The holdings of Harel Insurance Investments & Financial Services Ltd. […]

Transaction tax

#LUC Trending on Twitter as Community Efforts to Burn Luna Classic Tokens Continue

The Terra Classic Community (LUC) supports the original LUNC asset with continued efforts to incentivize users and exchanges to burn the token to reduce the coin supply. #LUNC is trending on Twitter this Saturday, with over 12,000 tweets and counting. It seems that Terra Classic has won the support of the community, as its market […]

Transaction tax

DSE Generated Highest Revenue in 11 Years Due to Strong Increase in Revenue

Due to a surge in revenue from the country’s top stock exchange, government revenues have hit an 11-year high. Government revenue collection from the Dhaka Stock Exchange (DSE) increased by 8.40% or Tk 24.43 crore in the just ended FY2022 compared to FY21. According to DSE data, in FY22, the total transaction in the 240 […]

Transaction tax

“Corporate wrongdoing prompts tough policy action”

the herald Herald Reporters The recent adoption by the GOVERNMENT of harsh economic measures is a response to the malicious behavior of some economic actors and trade unions who are determined to sabotage the economic transformation achieved so far under the Second Republic, President Mnangagwa said yesterday. In the face of such harmful behaviors, which […]

Transaction tax

Digicel completes $1.6 billion sale of Digicel Pacific to Telstra

Completed with funding from the Australian government, through Export Finance Australia, the transaction values ​​Digicel Pacific at up to US$1.85 billion. This figure includes a three-year earnout provision of $250 million, which equates to approximately 8.3 times adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) of approximately $222 million for the fiscal year ended […]

Transaction tax

Malabu Oil Scandal: Nigerian Government Lost to JP Morgan, But Can Get Former Justice Minister Adoke for Illegally Giving Taxes and Other Benefits to Shell, Eni – Report

The Federal Republic of Nigeria (FRN) sought damages of $875,740,000.03, in contract and tort, for sums paid into a “deposit account” by JP Morgan Bank (JPMC). These payments were made in August 2011 (for approximately $800 million) and August 2013 (for approximately $75 million). The Payments were made by JPMC to an entity called “Malabu”. […]

Transaction tax

Will investors be crushed by impending cryptocurrency regulation?

Whether cryptocurrency investors like it or not, regulation helps shape the direction of the nascent crypto industry. The question is whether or not regulation will have a detrimental effect on investors. In many places around the world, cryptocurrency sits in a legal gray area, lacking regulation or inheriting stock, commodity, or securities rules. However, cryptocurrency […]

Transaction tax

Wedbush Securities Inc. acquires shares of 2,381 Avalara, Inc. (NYSE: AVLR)

Wedbush Securities Inc. acquired a new stake in the shares of Avalara, Inc. (NYSE: AVLR – Get a rating) in the first quarter, according to its most recent Form 13F filed with the Securities & Exchange Commission. The company acquired 2,381 shares of the company, valued at approximately $237,000. Other hedge funds and other institutional […]

Transaction tax

Crypto Exchanges Crash as India’s Woes Mount

NEW DELHI: India’s largest digital asset exchanges are gearing up for an extended crypto winter — a winter with some unwanted local twists. With token prices plummeting, customers unable to transfer money to their accounts, and a dreaded cryptocurrency transaction tax around the corner, exchanges like Binance-backed WazirX have put plans in motion. dormant expansion. […]

Transaction tax

Avalara, Inc. (NYSE: AVLR) shares purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd closed its position in Avalara, Inc. (NYSE: AVLR – Get a rating) by 18.8% in the first quarter, Participation channel reports. The company held 13,712 shares of the company after acquiring an additional 2,174 shares during the period. IFM Investors Pty Ltd’s holdings in Avalara were worth $1,364,000 when it was […]

Transaction tax

Taxes for WGN reporters in Hinsdale are exceptionally low

HINSDALE, IL — WGN investigative reporter Ben Bradley is selling his home in Hinsdale for $1.9 million. The tax bill for the property is exceptionally low – $5,000 in 2020. Property in the 200 block of North County Line Road is owned by a land trust, which is often how famous people handle such transactions. […]

Transaction tax

Top Headlines: GST Council meeting starts today, Vedanta turns to LIC and more

At a time when higher US interest rates have made it costly for Indian companies to tap into foreign bond markets, mining major Vedanta Limited has likely entered into a direct deal with Life Insurance Corporation of India (LIC) to raise Rs 4,809 crore 10-year bond. Airbus SE has emerged as favorite […]

Transaction tax

Is it the same as a tax hike or just bad policy?

Gubernatorial candidate Bob Stefanowski and other Republicans insist Governor Ned Lamont raised taxes by $900 million a year in his first budget — not a record, but one of the largest in recent history. Democrats counter that it was closer to $250 million — low on the list of all-time hikes — and that Lamont […]

Transaction tax

Inheritance by Listco shareholders through trusts

For for purposes of family inheritance and tax planning, many shareholders of domestic listed companies wish to pass on a portion of future earnings from company stock to their children through trusts. In some cases of existing companies listed on the Star Market, a small portion of the shares were held by foreign trusts prior […]

Transaction tax

Top 3 Long-Term Crypto Investment Assets: Parody Coin (PARO), Litecoin (LTC), and Cronos (CRO)

Since we discovered the world of cryptocurrencies, there have been many new token launches almost every day. Due to current market volatility, it is important to choose the right next big cryptocurrency which can offer the best return on investment. If you are a cryptocurrency enthusiast, you might want to consider looking at the 3 […]

Transaction tax

The war between Ryanair and the Hungarian government over departure tax is getting serious!

Hungary continues its financial stabilization as the war between Ukraine and Russia continues. Although the country currently expects steady growth in the coming years, some forms of taxation are likely to remain. In addition, additional taxes on the air transport sector have given way to new conflicts. Radical statement by Magyar Nemzet This week, an […]

Transaction tax

Legality of E-Gold and Gold Stock Exchange

Gold has been used as a medium of exchange since ancient times. In fact, at some point most countries pegged the value of their currency to a specific amount of gold as part of the Classic gold standard. All over the world, the the liquidity of gold is comparable to that of financial securities and […]

Transaction tax

Letters: Adjust stamp duty brackets

These statistics themselves highlight the effects of slice drift.Consideration should be given to data showing the transaction number and the increase in stamp duty revenue (and other taxes) when stamp duty rates are reduced.The recommendation of the federal inquiry mentioned above should be adopted. Joanne SeveAvalon, New South Wales Premiers and ACT failed on property […]

Transaction tax

Liberal Turkish economy, sustainable growth: Minister of Finance

Finance Minister Nureddin Nebati said on Saturday that Turkey’s economy is liberal and will continue to grow sustainably after the government has taken steps to support it. Addressing businesses in the southeastern city of Gaziantep, Nebati also said the fight against rising inflation, which hit a 24-year high of 73.5% last month , remained a […]

Transaction tax

MISSION PRODUCE, INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-Q)

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and related notes included elsewhere in this quarterly report. This discussion and analysis contains forward-looking statements based upon our current beliefs, plans and expectations that involve risks, uncertainties and assumptions. Our actual results may […]

Transaction tax

Cryptocurrency and Taxes: Could You End Up Paying ATO More Than You Earned? | Cryptocurrencies

As tax season approaches in Australia, cryptocurrency investors have been warned to start calculating what they owe. Some lessons can be learned from the recent US tax season, where some enthusiasts found themselves with a tax bill that exceeds their income after the recent crypto market crash. Mark Chapman, director of tax communications for H&R […]

Transaction tax

OFAC Seeks Balance Between Crypto Enthusiasm and Regulation

On May 6, the Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury appointed a cryptocurrency mixer, Blender.io, as a Specially Designated National (SDN). This sanction follows a series of executions and sanctions which we have already spoken about here and here. The action is the latest in a fascinating […]

Transaction tax

Heartland Express acquires Smith Transport, Inc. and

NORTH LIBERTY, Iowa, June 01, 2022 (GLOBE NEWSWIRE) — Heartland Express, Inc. (NASDAQ:HTLD) (“Heartland”), one of North America’s largest and most profitable truckload companies, today announced that it has acquired 100% of the capital of truckload carrier Smith Transport, Inc. dry vans and related entities (“Smith”), for an aggregate value of approximately $170 million. Heartland […]

Transaction tax

Helping natural savers spend in retirement

[It’s FIRE week here at WCI, where we celebrate all things Financial Independence, Retire Early-related, including the Physician on FIRE blog. Every post this week is going to be about topics relevant to the FIRE community.] By Dr. James M. Dahle, Founder of WCI While the reverse is much more common, some people find it […]

Transaction tax

Digitizing Land Records in India: The Centre’s Challenge to Alleviate Concerns and Engage States

The central government is considering a proposal on the feasibility of buying and selling land via video call. “Land transactions via video calls are being considered,” an agent from the Union Land Resources Department told ET, on condition of anonymity. While the details are still on the anvil, this idea, if implemented, would mean that […]

Transaction tax

Zynex: Declaration of Change of Beneficial Ownership (Form 4)

Property Submission FORM 4 Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES Filed […]

Transaction tax

Columbus McKinnon: Declaration of Change of Beneficial Ownership (Form 4)

Property Submission FORM 4 Check this box if you are no longer subject to section 16, the obligations of Form 4 or Form 5 may continue. To see Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN THE EFFECTIVE BENEFICIARIES OF THE SHARES […]

Transaction tax

$6.5 million in tax refunds paid | Guam News

The Department of Revenue and Taxation continues to issue tax refunds, most of which come from residents who pre-filed their returns for the 2021 tax year. The latest batch included 2,197 refunds, paid either by direct deposit or mailed check and totaling $6.5 million for error-free returns filed by March 31, the governor’s office said […]

Transaction tax

Business news, strategy, finance and company insights

The Center plans to introduce a “reverse charge” tax for virtual asset transactions on foreign platforms as part of the latest round of crypto regulations designed to levy taxes on foreign companies such as Coinbase, Binance and Bitfinex, which do business in India. . This would apply to all “virtual digital assets” from Bitcoin, Ethereum […]

Transaction tax

Stamps no longer required on receipts for retail transactions – Guyana newsroom

Retail transaction receipts will no longer require the affixing of tax stamps since proposed amendments detailed in the Tax Amendment Act were passed in the National Assembly on Tuesday. The removal of this requirement was proposed earlier this year when the Chief Finance Minister in the Office of the President, Dr Ashni Singh, outlined several […]

Transaction tax

Don’t expect capital gains tax on the sale of Ambuja, Acc: Holcim Ceo

MUMBAI: Holcim Group, the world’s largest cement maker, which on Sunday announced the sale of its Indian operations Ambuja Cements Ltd and ACC Ltd to Adani Group, does not expect a tax payment on the most -values ​​stems from the 6.4 billion Swiss francs it will receive from the sale, Holcim chief executive Jan Jenisch […]

Transaction tax

Letter to the Editor: We don’t need more paperwork to sell used goods

A provision that was slipped into the US bailout requires individuals to receive tax forms from the IRS for the sale of used goods, even when sales of those goods are not taxable. With inflation rising and millions of us struggling to get by, Congress needs to address this issue. Section 9674 of the US […]

Transaction tax

Tax Court in Brief | Mazzei v. Commissioner | Law of the case, winning party and “substantially justified” | law of the free man

Freeman Law’s “Tax Court Brief” covers all of the Tax Court’s substantive opinions, providing a weekly summary of its decisions in clear, concise prose. For a link to our Tax Court in Brief podcast, download here or watch other episodes of The Freeman Bill. Tax litigation: The week of May 2, 2022 to May 6, […]

Transaction tax

Crypto TPS Network May Expand to Include Selling, Buying Them | Latest India News

The government could expand the indirect tax net on cryptocurrencies to cover the full range of activities, including their use for the exchange of goods and services, to a maximum of 28%, as many parliamentarians have demanded to treat them tied with lotteries and gambling, two said people familiar with the development. Although the Ministry […]

Transaction tax

Listed AMCs experience a lackluster January-March quarter due to pressure on yields

UTI AMC saw its after-tax profit fall by 60% year-on-year (YoY), while Aditya Birla Sun Life AMC saw its profit increase by just 1% TopicsCMA | UTI AMC | Aditya Birla SGA Sun Life Chirag Madia | Bombay Last Updated May 1, 2022 10:41 PM IST Listed asset management companies (AMCs) […]

Transaction tax

My mother passed away. And I’m Nominated From His Fds. What are the income tax rules?

My mother died and had fixed deposits. We are a sister and a sister as his legal heirs. All the FDs were in my mother’s name and I am the candidate. My mother didn’t make a will. I wish to transfer the FD to my sister for the education of her child. I checked with […]

Transaction tax

Tax per property transaction has risen by more than a third in Scotland over the past three years

The tax paid by residential property owners in Scotland has risen by more than a third in the last three years compared to the same pre-pandemic period according to a major property company. DJ Alexander Ltd, part of the Lomond Group, which is Scotland’s largest lettings and property agency, said the amount of land and […]

Transaction tax

Investing smartly: pay attention to investment costs

Retail investors need to understand the costs associated with investments that will have a significant impact on returns. Higher expenses paid will reduce the amount of money invested in the plan or instrument, reduce compound benefits, and impact the overall value of the corpus in the long run. Mutual fund expenses that are deducted from […]

Transaction tax

Anambra Government Sends Tax Claim Notices To Natives Via SMS

She said the charges are legal obligations to win over citizens to the government. Ngige said it is a direct tax levied on a person’s income and what is payable depends on the amount of income the person derives from economic activities. She said those who received the messages and claimed they lived outside of […]

Transaction tax

Biden prescription drug pricing and price controls

One of the centerpieces of the Build Back Better Act (BBBA) passed by the House last year was drug pricing legislation, which could be included in the next version of the BBBA, now renamed the Inflation Control, Climate and Deficit Reduction Bill. While headline inflation is at an alarming rate, with the most recent 12-month […]

Transaction tax

4FRONT VENTURES CORP. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-K)

Our management’s discussion and analysis of financial condition and results of operations should be read in conjunction with our accompanying Consolidated Audited Financial Statements and related notes, as well other information contained in this annual report. The discussion is based upon, among other things, our Consolidated Audited Financial Statements, which have been prepared in accordance […]

Transaction tax

What is the Metaverse tax?

Share Tweeter Share Share E-mail Perhaps you have heard of the latest Meta invention to train in the virtual universe created by Mark Zuckerberg and his team: the sale and purchase of virtual objects. A Metaverse tax is linked to it, an idea intended to help the company strengthen its position even if it may […]

Transaction tax

SMS Lifesciences Advances 19% as USFDA Completes Manufacturing Unit Inspection

NEW DELHI: SMS Lifesciences soared 18.9% in early trading on Monday after the United States Food and Drug Administration (USFDA) completed an inspection of the company’s API manufacturing plant located in Sangareddy district, Telangana (Unit-I) with no sightings. The inspection began on April 4 and ended on April 8. The Lifesciences SMS counter hit a […]

Transaction tax

Colorado Governor Now Accepts Crypto for Donations

Written by Benjamin Freed April 7, 2022 | STATECOOP In February, Colorado Governor Jared Polis announced that the state would soon begin accepting cryptocurrency for tax payments and potentially other transactions. At the time, he called it a “very inexpensive and user-friendly way” to embrace digital currencies, which have been appealing to a growing number […]

Transaction tax

Practice Acquisitions: Key Legal and Regulatory Considerations for Private Equity Firms and Physicians | Morgana Lewis

Since 2016, there has been a strong overall upward trend in both the size and volume of healthcare services transactions. After recovering from a decline in 2020 due to the outbreak of the COVID-19 pandemic, 2021 saw growth of over 50%, with a particularly strong recovery in medical practice acquisitions. According to PwC Health Services: […]

Transaction tax

Struggling Trell gets a lifeline; Crypto Trading Volumes Drop Amid New Tax Laws

Since the time we at ETtech first broke the story of an EY probe on Trell on March 12, a lot has happened at the start of social commerce. Today we reported on a stake sale executed by the company where it sold its stake in AppsForBharat to investors to provide much needed cash. All […]

Transaction tax

Will Indonesia’s decision to tax crypto stifle local adoption?

Indonesia is the latest Asian country to announce plans to impose a tax regime on all crypto transactions and an income tax on capital gains from such investments, Reuters reported, Indonesia has chosen to impose a 0.1% VAT – deducted at source – on every cryptocurrency transaction. The new regime will take effect from May […]

Transaction tax

Football Lovers Token unites football and crypto

Los Angeles, California, March 31, 2022 (GLOBE NEWSWIRE) — Football fans come together on this unique FLT platform developed to create awareness and adaptation to cryptocurrency. While many football-related tokens are flooding the crypto space, very few offer consistent rewards and impart crypto knowledge to the community. Football Lovers Token or FLT is a hyper-deflationary […]

Transaction tax

‘Don’t Tax MoMo’ – Minority Chants to Oppose E-levy

The minority in Parliament has reiterated its opposition to the electronic transaction tax bill currently before the House. This new opposition comes at a time when the Minister of Finance and the Minister of State in charge of Finance, Charles Adu-Boahen are back in the Chamber for the debate on the vote on the controversial […]

Transaction tax

Imminent economic carnage over New Zealand’s great tax cut scam

When I created MANA with Matt McCarten, Hone Harawira, John Minto, Sue Bradford and the incredible Annette Sykes, it was understood that at the heart of leftist politics was the need to use the state to materially improve everybody. Central to this philosophical core was the understanding that the tax system itself needed to be […]

Transaction tax

National Tax Service launches tax probe into Intel Korea

Korea’s National Tax Service (NTS) has launched a full-scale tax investigation into Intel Korea. Korea’s National Tax Service (NTS) has reportedly launched a full-scale tax investigation into Intel Korea. The NTS announced on February 22 that it had launched an intensive tax investigation into a multinational company after detecting allegations of tax […]

Transaction tax

The first of its kind to support MMA fighters, listings on Coinstore.com! – CryptoMode

What is Marshall Inu Taking inspiration from popular dogs in the crypto community, the developers decided to create a meme token on the Ethereum blockchain. Marshall Inu is a community token providing direct sponsors to fighters via Ethereum and the native $MRI token, created to support fighters in general, directly and indirectly with monetary donations, […]

Transaction tax

How to master DeFi as Miami becomes a hub – NBC 6 South Florida

The City of Miami is making strides to position itself as a global cryptocurrency leader. In fact, Mayor Francis Suarez announced plans to create and distribute digital wallets to residents last November during an interview with CoinDeskTV. “We’re going to be the first city in America to pay a bitcoin return as a dividend directly […]

Transaction tax

SWIPEBY tackles market tax with Avalara as it enables virtual drive-thru for physical businesses

When the pandemic began, many retailers adopted omnichannel retail tactics, like curbside pickup, to continue serving customers despite lockdowns and worries about exposure to the virus. While many of the world’s largest retailers were able to adapt quickly to this shift in consumer behavior, many smaller retailers found themselves with limited options due to the […]

Transaction tax

How to keep excellent tax records for your business

Posted on Saturday, March 12, 2022 at 11:06 a.m. Join AFP’s more than 100,000 followers on Facebook Buy an AFP subscription Subscribe to AFP podcasts on Apple podcast, Spotify and pandora News, press releases, letters to the editor: [email protected] Advertising inquiries: [email protected] (© thanksforbuying – stock.adobe.com) As a law-abiding and dedicated member of society, you […]

Transaction tax

South Korean elections should benefit banks

The outcome of South Korea’s presidential election should be positive for the country’s banks, analysts said. Opposition party candidate Yoon Suk-yeol won a close race by less than 250,000 votes on Thursday, winning approximately 48.6% of the vote surfing on public anger at the practices of the administration in place. Some of these policies have […]

Transaction tax

Village Super Market, Inc. Announces Results for the Second

SPRINGFIELD, NJ, March 09, 2022 (GLOBE NEWSWIRE) — Village Super Market, Inc. (NASDAQ: VLGEA) (the “Company” or “Village”) today announced its operating results for the second quarter ended January 29, 2022 . Second Quarter Highlights Net income of $10.1 million, an increase of 122% from $4.6 million in the second quarter last year Same-store sales […]

Transaction tax

Grand Hyatt hotel is for sale after San Antonio City Council approval

One of San Antonio’s tallest hotels has a new owner. After opening in 2008 and facing financial shortfalls during the pandemic, the Grand Hyatt is set to be sold to a nonprofit while Hyatt will still manage its operations after City Council approved the arrangement at a vote 7-0-3 Thursday. The Grand Hyatt is one […]

Transaction tax

IFSC GIFT City | Financial hub, a work in progress

A subsidiary of the National Stock Exchange on Thursday introduced a facility through which Indian retail investors can directly trade stocks listed on US stock exchanges. The NSE branch would invest the funds in these specific shares against which investors would receive certificates of deposit instead of actual shares. The subsidiary – NSE IFSC – […]

Transaction tax

Richmond Establishes Tech Zone, Raises BPOL Tax Exemption Threshold

Richmond City Council this week approved an amendment to the city’s code establishing a tech zone across the city. (BizSense File) It took two and a half years, but now Richmond has a citywide tech zone. The specific benefits of this area, however, are still under construction. Richmond City Council finally approved an amendment to […]

Transaction tax

Takeover of Kobus from Esparity

The projects add a total installed capacity of 250 MW through the company’s third venture capital fund, Kobus Renewable Energy III. Cordovilla, the largest of the projects with its 150 MW capacity, will be located in Navarre, while the other two, Salinetas and Salinetas II – each with an installed capacity of 50 MW – […]

Transaction tax

“Nicola Sturgeon’s bureaucracy is strangling Scottish landlords”

According to the National Union of Students Scotland, the average private landlord charges students £7,322 a year for accommodation, while the average university charges £5,809. Ms Harvey charges between £3,000 and £3,500 for a ten month rental. “If landlords like me leave the market, students will either go to expensive residences or rogue landlords,” she […]

Transaction tax

India to Tax Cryptocurrency; A look at how other countries regulate it

1 / 12 Cryptocurrencies have come a long way. From being speculative products that few dared to enter, they are now a booming investment opportunity. Non-fungible tokens (NFTs) and other digital currencies are now more widely accepted. However, the decentralized technology behind them has the potential to disrupt the traditional financial system. That’s why governments, […]

Transaction tax

Cash App Taxes 2022: Completely Free Mobile Tax Filing, with Room to Grow

Cash App Taxes offers “free for everyone” tax preparation software. Cash Application Taxes This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file your return quickly, accurately and on time. Cash App Taxes is launching for the 2022 tax season, expanding its former identity as Credit Karma […]

Transaction tax

When do I receive my tax refund? Here’s how to check

The IRS and tax experts recommend filing by direct deposit to get your refund faster. Angela Lang/CNET This story is part Taxes 2022CNET’s coverage of the best tax software and everything you need to file your return quickly, accurately and on time. Have you got filed your tax return to the taxman? If so, you […]

Transaction tax

Telecom operators must pay tax on mobile money transactions – Ursula

Minister of Communications and Digitization, Ursula Owusu-Ekuful Last year, the Minister of Communication and Digitalization, Ursula Owusu-Ekuful, urged the government to collect taxes from telecom operators on their revenue from mobile money transactions. She was making her submissions to the Nominations Committee where she said operators should be taxed for the 10% fee on MOMO. […]

Transaction tax

Tory MP Liam Fox speaks to ME & MY MONEY

Liquid: Liam Fox wants more to be done to ensure access to clean water The best financial decision Liam Fox ever made was to climb the housing ladder in his late twenties. The GP and Conservative MP for North Somerset – who was Defense Secretary under David Cameron and International Trade Secretary under Theresa May […]

Transaction tax

Navigating a spin-off without tax risks spiraling out of control

For more than 40 years, companies that span multiple industries or operate in multiple geographies have explored potential derivative transactions in response to activist investing. Whether it’s the current trend of separating e-commerce businesses from their physical counterparts, the separation of operations from the properties on which business is conducted – the so-called “OpCo/PropCo” spinoffs […]

Transaction tax

1031 Tax-deferred exchanges still alive | Tucker Arensberg, CP

Commercial real estate professionals and investors have spent much of 2021 worrying about the continued availability of 1031 tax-deferred exchanges for investment real estate. There were a number of proposals floating around Congress that would have done everything from canceling the benefits of a 1031 exchange transaction to ending the availability of exchanges all together. […]

Transaction tax

How much is crypto taxed? It is complicated

Cryptocurrency is more mainstream than ever, and that’s bad for tax returns. Income generated from crypto is taxed differently than income. It’s tax season and the emergence of digital items and crypto bought and sold on the internet made declarations more complicated than usual. Cryptocurrencies are more common than ever, and the average person probably […]

Transaction tax

How the VAT was removed from Parliament by President Rawlings

The late Jerry John Rawlings The government will introduce the electronic tax This is a 1.75% tax on all electronic transactions The decision received strong public opposition The government led by Nana Addo Dankwa Akufo-Addo is determined to pass the electronic transaction tax, E-levy, which is to impose a 1.75% tax on all electronic transactions. […]

Transaction tax

WILLIAMS: Bringing clarity to gift tax | Local News

Many of us have worked extremely hard in life to accumulate a substantial amount of assets to fund our future retirement. The younger generation is buying houses, attending college, and beginning life in a way their parents had accustomed them to. However, in the words of great songwriter Bob Dylan, “these times are changing” accurately […]

Transaction tax

The TDS rules in real estate transactions have changed. What this means for home buyers and sellers

In the 2022 budget, the Minister of Finance proposed that at the time of the purchase of a property, a TDS (Withholding at Source) of 1% applies on non-agricultural real estate of more than ₹50 lakh based on sales price or stamp duty value, whichever is greater, after a change in the income tax law. […]

Transaction tax

Liberty Tax Launches Banking as a Service with “DEEPBLUE(TM) Debit” | 2022-02-01 | Press Releases

HURST, TX, February 1, 2022 /PRNewswire/ — Liberty Taxone of North America leaders in tax preparation, today announced the commercial launch of its DEEPBLUE™ Flow (DEEPBLUE) Banking-as-a-Service mobile app without credit check1 or minimum balance requirements. The DEEPBLUE solution received very positive feedback from the first customers. Advantages of DEEPBLUE debit: Bank account with MasterCard® […]

Transaction tax

Business News | Stock and Equity Market News | Financial News

Search mutual fund quotes, news, net asset values Zomato INE758T01015, ZOMATO, 543320 CDS INE467B01029, SDC, 532540 ICICI Bank INE090A01021, ICICIBANK, 532174 Wipro INE075A01022, WIPRO, 507685 Addiction INE002A01018, TRUST, 500325 Presenting partner Technology partner Search mutual fund quotes, news, net asset values Zomato INE758T01015, ZOMATO, 543320 CDS INE467B01029, SDC, 532540 ICICI Bank INE090A01021, ICICIBANK, 532174 Wipro […]

Transaction tax

These are electric cars and plug-in hybrids still eligible for federal tax credits

The 2022 Wrangler Rubicon 4xe is a plug-in off-road hybrid that can go the first 22 miles … [+] battery only. © 2021 Stellantis With gas prices flirting with, and in a few areas exceeding the $4.00 per gallon threshold, buying or leasing a fully electric (EV) or plug-in hybrid (PHEV) car or SUV ) […]

Transaction tax

Stock market players demand the abolition of the LTCG tax

Budget 2022 expectations: As Union Finance Minister Nirmala Sitharaman is set to present her third budget on February 1, 2022, various industry insiders are busy delivering their list of demands. As the real estate sector calls for its secular industry status to be granted in the upcoming 2022 budget, stock market insiders are calling for […]

Transaction tax

Avalara to Announce Fourth Quarter and Fiscal Year 2021 Financial Results on February 10, 2022 | News

SEATTLE–(BUSINESS WIRE)–January 20, 2022– Avalara, Inc. (NYSE: AVLR), a leading provider of tax compliance automation for businesses of all sizes, today announced that it will report financial results for its fourth quarter and fiscal year ended on December 31, 2021 Thursday, February 10, 2022. after market close. Avalara will host a conference call and webcast […]