article thumbnail

Can payments data help bridge the tax gap?

Accenture

Historically speaking, taxes have been taxing. Since the inception of taxes, the payment and collection of them has been filled to the brim with delays, hassles, and needless complications. The post Can payments data help bridge the tax gap? appeared first on Accenture Banking Blog.

Taxes 390
article thumbnail

How much tax is lost each year? #defi

Chris Skinner

Building on my discussion yesterday about offshore tax havens and decentralisation to avoid governance in both the physical and virtual world, there’s a more fundamental issue at large here. Tax avoidance. defi appeared first on Chris Skinner's blog. #defi appeared first on Chris Skinner's blog.

Taxes 361
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tax me, I’m a millionaire

Chris Skinner

The aim of this group is to get governments to tax them more. High Net Worth Individuals (HNWI) and Ultra High Net Work Individauls (UHNWI) are those two groups who … The post Tax me, I’m a millionaire appeared first on Chris Skinner's blog.

Taxes 311
article thumbnail

Use Tax on Oracle EBS Inventory Transactions

Perficient

Do you struggle to determine and accrue the Consumers Use tax liability that is due on inventory removal transactions and transfers to other locations? If you are reading this blog, you probably already know that Oracle EBS does not support tax calculation for Inventory transactions. If so, we may have a solution for you.

Taxes 309
article thumbnail

Tax ID Fraud is Taxing on Financial Institutions

Abrigo

Understanding tax ID fraud FinCrime professionals looking to prevent tax ID fraud, first need to understand the fundamentals of what is happening and their best recourse for prevention. Takeaway 1 Fraudsters file illegitimate tax returns early, hoping people wait to submit their legitimate ones.

Taxes 195
article thumbnail

Bitcoin Daily: South Korea’s 20 Pct Crypto Tax To Start In 2023; Bitcoin Shoots Above $40K

PYMNTS

South Korea will begin taxing crypto benefits 20 percent, from both buying and selling, beginning in 2023, according to a report from Asia Today. million won (about $2,200) from digital assets will be hit with the 20 percent tax. The report stated the tax announcements were made Wednesday (Jan.

Bitcoin 276
article thumbnail

Top blog posts for accountants in 2014

Abrigo

Sageworks has worked all year to bring accountants information that helps you serve clients and run your practice better, and many of our blog posts have been especially popular. Below is a list of the five most popular posts for accountants from the Sageworks blog this year. Blog Accountant' Do you miss that busy season high?

Resources 186