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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum

PYMNTS

UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. The committee voted 12-10 Friday (Oct.

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French Lower Parliament Passes Big Tech Tax Bill

PYMNTS

France’s lower parliament has passed a proposed tax that targets the revenue of tech giants like Google , Amazon and Facebook. Last month, France’s finance minister announced the 3 percent tax, which targets digital businesses with €750 million ($845 million USD) in global revenue and €25 million in domestic revenue.

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Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM Card Bitcoin Theft

PYMNTS

s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments. I think this is a problem that requires a lot of solutions and a lot of layers of security.

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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. For example, the Bahamian government is planning on allowing Bahamians to pay their taxes using Sand Dollars. Crypto Conference.

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ERC for Banks – Told You Are Not Eligible? Find Out

South State Correspondent

In the article, we explore the myths around eligibility and provide many banks with a path forward. We work with well-known national CPA firms that specialize in working with banks specifically to claim their ERC tax rebate. The average tax rebate is approximately $1.5 We have also helped banks in other states.

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Bank ERC Rebate – Getting Your Own

South State Correspondent

This article details why banks are a special case and then provides our interactive estimate to see what your bank might be eligible to receive. Further, the statute of limitations for filing Form 941X to claim a refund is three years from the date the original return was filed or two years from the date the taxes were paid.

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The Recency Trap and Building Deposit Balances

South State Correspondent

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. ” This article explores the recency trap and discusses how to prevent it.

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