Tag: Taxes
How Innovation Refunds cashed in on the Employee Retention Credit
The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet during the pandemic.The governm [...]
FX transactions outside official window to attract excise taxes soon
Foreign exchange transactions conducted outside Nigeria’s official FX window will soon incur [...]
New York cracks down on illegal marijuana stores
A pedestrian passes a smoke shop in New York City on June 16, 2023. New York authorities are cracking down on unlicensed smoke shops that are selling [...]
Liz Truss urges PM to cut taxes and benefit increases
The ex-PM will also use a speech to defend polices she tried to enact during her short time in office.
www.bbc.co.uk [...]
CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US
Jeremy Koven, the president of Canada-based crypto exchange CoinSmart and SmartPay president at WonderFi, pointed to areas of concern for crypto firms [...]
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
Brazilian lawmakers are moving forward with a legislation that would raise taxes on cryptocurrencies held overseas. According to local reports, a cong [...]
Bill to exempt foreigners from crypto taxes passes preliminary reading in Israel
Foreign residents of Israel could get an exemption from capital gains taxes on the sale of digital currencies. A bill granting the exemption and other [...]
Slovakian parliament votes in approval of lower crypto taxes
Parliament members in the European country of Slovakia voted in approval of lowering crypto taxes, among additional measures affecting cryptocurrency [...]
Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
Token issuers in the country were subject to a 30% corporate tax for unrealized gains on their own tokens.
www.coindesk.com [...]
DeSantis business battles: Disney, Covid, taxes, ESG
Florida Gov. Ron DeSantis gives remarks at the Heritage Foundation's 50th Anniversary Leadership Summit at the Gaylord National Resort & Conventio [...]
Is MetaMask withholding customers’ crypto for taxes? No, it’s not.
ConsenSys, the company behind the crypto wallet MetaMask has hosed down rumors that it collects taxes from cryptocurrency users. The company informed [...]
Teachers and nurses dragged into higher taxes, warns think tank
The Institute for Fiscal Studies warns a freeze on income tax thresholds will hit middle earners.
www.bbc.co.uk [...]
Inflation Reduction Act tax credit loophole boosts leasing
Dave Walters of Orange County, California, stands by his newly leased Hyundai Ioniq 5 electric vehicle.Provided by Dave WaltersFed up with high gas pr [...]
Kazakhstan collected $7M in crypto mining taxes in 2022
The government of Kazakhstan has received 3.07 billion tenge (approximately $7 million) in tax payments from crypto mining entities in 2022, following [...]
Supreme Court Wary of Windfall in Seizure of Condo for Unpaid Taxes
WASHINGTON — The Supreme Court seemed united on Wednesday, in the last scheduled argument of its current term, in its distaste for how county official [...]