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Mexico To Tax Digital Services From Other Countries

PYMNTS

Mexico passed a law this week that taxes digital services from other countries, according to a report. A 16 percent value-added tax (VAT) will be tacked onto digital services starting on June 1 of this year. The tax will cover all online applications, including video, audio streaming, images, education and others.

Taxes 239
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China’s Tax On Foreign eCommerce Sites

PYMNTS

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. percent, a dip from the 17 percent currently being charged as a value-added tax in Chinese physical stores.

Taxes 100
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Bitcoin Daily: Germany’s BaFin Seizes Allegedly Unlicensed Bitcoin ATMs; Police Confiscate $30M In Crypto From Closed Movie Streaming Site In Germany

PYMNTS

The Dresden Public Prosecutor’s Office, State Criminal Police Office in Saxony and Leipzig Tax Investigation Department confiscated the Bitcoin and will be used as damage reparation by the public prosecutor. was shut down in the Spring of 2013 over copyright infringement issues. Movie2k.to

Bitcoin 157
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Examining Bond Portfolio Trends: Second Quarter 2022

South State Correspondent

tax-free, 4.7% tax-free, 6.0% Prices in the municipal sector were rich over the past year and that slowed growth, despite offering some of the best tax-equivalent yields for traditional bank investments. The first quarter of 2022, despite rising market rates, saw stable yields closing the quarter at 1.80%.

Trends 195
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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
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Certify Shrinks T&E Market With Abacus Buy

PYMNTS

The addition of Abacus to its product portfolio allows Certify — which supports more than 10,000 enterprise, mid-market and small business (SMB) customers in North America — to serve a more diverse range of customers. Financial terms of the deal are not being disclosed.

Marketing 100
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Bitcoin Daily: Block.one Crypto Startup Nets Shareholders 6,567 Pct. Return; US Copyright Office Refutes Claim Of Bitcoin ‘Inventor’

PYMNTS

Block.one is very much the odd one out in the crypto market,” said Tom Shaughnessy, co-founder of Delphi Digital, a crypto research firm in New York, according to Bloomberg. And the Central District Court in Israel has ruled that bitcoin is an asset and subject to capital gains tax (CGT). That is $6.6 million for a $100,000 stake.

Bitcoin 134