PYMNTS

APRIL 16, 2019

tax authorities’ approach to small businesses that fall behind on tax payments. Reports in AltFi said Funding Options argued that the approach by HM Revenue and Customs (HMRC) to late tax payments is “too aggressive,” citing the high number of applications HMRC submitted to shutter small businesses.

Taxes 108

Taxes Payments Phoenix Regulation 108

PYMNTS

JANUARY 8, 2019

Stocks in Mexico rose on the news that the country’s government would cut the tax rate for equity IPOs, and allow private pension funds the chance to invest in more instruments. The tax rate for new equity will get slashed to 10 percent from 30 percent. Financial Times reported that Mexico’s IPC stock index was trading at 1.6

Taxes 109

Taxes Marketing Capital Company 109

CB Insights

OCTOBER 27, 2021

Clear , a tax filing software firm, has raised $75M in a Series C. HOW’S THE COMPANY PERFORMING? India-based Clear offers an online platform for tax filing and processes over 10% of India’s business invoices. The company has grown by 5 times over the last 18 months. Want the full post?

Taxes 65

Taxes Software Capital Online 65

PYMNTS

JULY 26, 2018

The American Institute of Certified Public Accountants (AICPA) submitted recommendations to policymakers this week, urging clarity and simplification in how the Tax Cuts and Jobs Act impacts small business (SMBs) accounting rules. The letter outlined eight recommendations for the Tax Cuts and Jobs Act.

Taxes 100

Taxes Capital Compliance Survey 100

PYMNTS

JULY 9, 2019

small business lender and commercial card company Capital on Tap is collaborating with accounting software company Receipt Bank to launch the Receipt Bank Card, a commercial card solution for small businesses, according to a press release Monday (July 8).

Capital 143

Capital Cards Software Taxes 143

BankUnderground

JUNE 8, 2022

There is a lively debate about whether and how capital regulations for banks and insurers should be adjusted in response to climate change. Incorporating climate-related risks into the capital regime will require a reliable methodology to measure these risks. Marco Bardoscia, Benjamin Guin and Misa Tanaka.

Capital 130

Capital Policies Tools Regulation 130

PYMNTS

MARCH 23, 2018

tax reform on their organizations. Forty-two percent of professionals surveyed said they believe tax reform will lead to significant economic benefits for their organizations, TD Bank said. as a result of tax reform. A new survey from TD Bank suggests corporate treasurers have mixed outlooks on the impact of U.S.

Taxes 100

Taxes Survey Capital Compliance 100

PYMNTS

APRIL 17, 2018

While Americans rush to file their taxes this Tax Day, some computer systems at the Internal Revenue Service (IRS) are “experiencing technical difficulties.” As a result, the agency said it is having trouble taking in returns from tax preparers, The Wall Street Journal reported. This year, Tax Day falls on a Tuesday (April 17).

Taxes 100

Taxes Software Capital System 100

PYMNTS

MARCH 20, 2019

Lyft ’s initial public offering (IPO) is reportedly oversubscribed, with the company on its way to getting or maybe even exceeding its sought-after $23 billion valuation. California could receive “$1 billion or more” from the capital gains taxes on the IPO’s stock sales. “We percent for the millionaires,” he added. “If

Taxes 101

Taxes CA San Francisco California 101

PYMNTS

FEBRUARY 27, 2018

this year, driven largely by tax reform. The IBBA, along with M&A Source and the Pepperdine Private Capital Markets Project, announced their research on Monday (Feb. With the corporate tax rate dropping to 21 percent and the repatriation of overseas capital, companies will have more capital to allocate to acquisitions.

Taxes 109

Taxes Capital Survey Analysis 109

PYMNTS

APRIL 10, 2020

TurboTax , the online tax preparation service, has said it is launching a free stimulus registration system to help people who don’t need to file a tax return. Approximately 10 million people in the country don’t have to file taxes, and roughly 80 percent can receive a stimulus check. . Arvind Krishna Takes Over As IBM CEO.

Taxes 216

Taxes Tools Payments Los Angeles 216

PYMNTS

JANUARY 16, 2020

In other news, South Korean cryptocurrency exchange Bithumb is going to court to fight an almost $69 million tax bill from the National Tax Service (NTS), according to a report Thursday (Jan. The tax is called a retention tax, which is an income tax paid to the government by the income payer and not its recipient.

Taxes 131

Taxes Bitcoin cryptocurrency National 131

PYMNTS

NOVEMBER 5, 2019

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.

Taxes 100

Taxes Bitcoin blockchain Seattle 100

PYMNTS

JULY 16, 2019

France’s financial regulator is set to approve a wave of cryptocurrency-related firms in the country, subjecting them to new rules that include paying taxes and complying with capital requirements and consumer protections, according to a report by Reuters. Because digital currency is so new, regulations vary around the world.

Regulation 143

Regulation Company cryptocurrency Taxes 143

PYMNTS

AUGUST 9, 2019

Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. As of last year, the company employed 63 people, reports said, citing Utah Business data. As of last year, the company employed 63 people, reports said, citing Utah Business data.

Capital 108

Capital Marketing Utah Taxes 108

PYMNTS

FEBRUARY 28, 2020

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. “In our very first company, we were totally bootstrapped — and because of that, we had to be very frugal, so we did our own bookkeeping,” he said. “In retrospect, it was a big mistake.

Capital 154

Capital Taxes Software Data 154

BankUnderground

NOVEMBER 16, 2023

Some have said that companies have increased their profits over that period: so-called ‘greedflation’. We use published company accounts for thousands of large listed companies to look for signs of increased profits in the data. Companies in the euro area are in a similar position. Why look at large companies?

Company 138

Company Trends Policies Taxes 138

TheGuardian

MARCH 3, 2021

Chancellor’s eye-catching policy could end up rewarding investment that would have happened anyway Rishi Sunak flags tax rises in budget as total Covid spending tops £400bn Budget 2021: key points at a glance One can usually take a mental break when the budget speech turns to capital allowances. It’s the tinkering bit.

Taxes 73

Taxes Policies Capital Company 73

PYMNTS

NOVEMBER 4, 2019

have resulted in a delay for legislation that is now in draft form, which would include a provision to tax larger tech firms that derive sales from the region. The bill has proposed a 2 percent tax on revenues for firms as diverse as Facebook and Amazon. As noted by Bloomberg last week, the December elections on deck for the U.K.

Taxes 101

Taxes Fraud Data Regional 101

PYMNTS

JULY 20, 2018

Tilray , the first cannabis company to conduct an initial public offering on a U.S. at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. at the close of trading on Thursday (July 19), the company had a market value of nearly $2 billion. “It exchange, closed up 32 percent.

Company 144

Company Capital Taxes Industry 144

CB Insights

NOVEMBER 30, 2021

Fonoa , a provider of automated tax compliance tools, has raised $25M in a Series A round. The round drew participation from Index Ventures, FJ Labs, OMERS Ventures, and Moving Capital, among others. HOW’S THE COMPANY PERFORMING? Examples include Uber, Lime, Zoom, GoStudent, and Teachable. Want the full post?

Taxes 36

Taxes Compliance Tools Company 36

PYMNTS

MAY 3, 2018

Tax reform played a key role for several corporate successes in the first quarter of 2018. “Together, these factors mean that companies could invest more funds, hire employees and generally spend on both their businesses and communities.”

Taxes 100

Taxes Analysis Washington Report 100

PYMNTS

FEBRUARY 1, 2021

Plus, European Union legislators have told four tech companies that they are willing to delay a potential hearing past its initially scheduled date. The European Parliament had invited leaders of the companies to a hearing in Europe to help them come to an opinion in strict new rules the European Commission had put forward.

social media 236

social media Taxes Payments Apple 236

PYMNTS

OCTOBER 25, 2019

Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing. Cybersecurity startup Firedome announced $10 million in new funding this week.

Capital 101

Capital Fintech blockchain Management 101

MyBankTracker

OCTOBER 15, 2020

New investors may not be familiar with the terms long-term capital gains and short-term capital gains. The best part is, understanding these terms could save you money on your taxes. Here’s what you need to know about short-term and long-term capital gains in general. What Are Capital Gains? Capital Asset.

Capital 52

Capital Taxes Examples Exercises 52

TheGuardian

SEPTEMBER 9, 2024

Clearing bank’s future was thrown into question by HMRC action over unpaid taxes last Thursday Business live – latest updates The Bank of London, the fledgling clearing bank backed by the Labour grandee Lord Mandelson, has announced it has raised another £42m from investors days after being hit by a winding-up order by tax authorities.

Taxes 62

Taxes Capital Company 62

PYMNTS

MAY 21, 2018

We’re doing more acquisitions of movies and companies.”. We’ve got 17 months’ worth of cash without further raises of capital,” the executive said. Farnsworth also noted the company was completing a big acquisition that it will announce at the Cannes Film Festival in the coming days. I’m not worried at all. You’re going to see.

Seattle 100

Seattle Taxes Cards Data 100

PYMNTS

JULY 18, 2017

India’s Goods and Services Tax (GST) reform has inspired several FinTechs to help SMEs handle the shift, with the latest being Vayana Network, a trade finance company. On Monday (July 17) the company revealed about $4 million in new funding.

Taxes 100

Taxes Leadership Capital Industry 100

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. Gennette also said the company does not expect another complete closure, but is “staying flexible” and is “prepared to address increases in cases on a regional level.”.

Taxes 232

Taxes Retail Maine Regional 232

PYMNTS

JANUARY 26, 2018

And lest you think changes in tax policy sow confusion only in the United States, think again. Bitcoin breeched a key psychological barrier on news that the South Korean government would tax income earned by virtual currency exchanges to the tune of 24.2 This past week saw a wild ride. Crossing borders and crossing the Rubicon.

Bitcoin 123

Bitcoin Taxes cryptocurrency Regulation 123

FirstInternet

DECEMBER 10, 2019

Managing working capital on a day-to-day basis is vital for any business. Utilize excess capital efficiently. Utilize excess capital efficiently. Streamlining cash management and return on excess capital can give businesses a competitive edge. Businesses with multiple tax IDs. Pay funds in a timely fashion.

Capital 79

Capital Taxes Management Operations 79

CB Insights

MARCH 4, 2022

Anrok , a SaaS sales tax solution, has raised $20M in a Series A. The round drew participation from Index Ventures and Sequoia Capital. HOW’S THE COMPANY PERFORMING? California-based Anrok unifies sales tax monitoring, calculation, and payments processes across the enterprise financial stack. Want the full post?

Taxes 59

Taxes San Francisco Software Compliance 59

CB Insights

MAY 27, 2022

ZenLedger , a provider of crypto tax prep software, has raised $15M in a Series B. The round drew participation from ParaFi Capital, AngelList, King River Capital, and Blizzard Fund, among others. <span The post ZenLedger, a crypto tax prep software company, raises $15M in round backed by AngelList.

Taxes 55

Taxes Software Compliance Company 55

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. Investors in the venture include TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, Album VC and more. . ”

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

OCTOBER 14, 2019

Alfa-Bank and Novolipetsk Steel Company (NLMK), along with Commerzbank, Germany, and Vesuvius GmbH, Germany, have launched a pilot project of cross-border payments via Marco Polo. We expect Marco Polo to ensure seamless collaboration of several sides engaged in international trade operations (banks, suppliers, insurance companies, etc.)

Taxes 109

Taxes blockchain Bitcoin social media 109

PYMNTS

JANUARY 26, 2021

The round, headed up by Sequoia Capital , doubled the company’s total funding to $120 million, the release stated. Pilot will use the money to help boost its back-office services that remove distractions in order to help companies focus more on business, the release stated.

Millennials 262

Millennials Taxes Boston Analysis 262

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . The decision comes after a lawsuit filed against the company by COTECH SA. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

Taxes 101

Taxes Mobile Management blockchain 101