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Amazon (And Others) Brace For India’s New eCommerce Tax

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The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

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Bitcoin Daily: Venezuela May Collect Taxes In Crypto; Russian Agency Proposes AI To Track Crypto Transactions

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Venezuela may be going forward with a plan to allow the use of the Petro (PTR) cryptocurrency to pay taxes, according to Cointelegraph. Because of the new campaign, Petro’s usage has seen a surge in recent days, according to the report. The software would cost $10.4

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French Prosecutors Call For UBS To Pay 3.7B Euros For Tax Evasion

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billion euros for what it contends is helping wealthy people in the country evade taxes. According to a report in Reuters , UBS is facing accusations of laundering the proceeds of tax fraud and illegally going after clients in France. France isn’t the only country investigating allegations that the bank helps clients evade taxes.

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What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

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And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. After all, commerce is increasingly done across state lines, and remote sellers have the lure of selling into new and far-flung markets. States have been defining their parameters for economic nexuses.

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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

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tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative.

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National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators

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16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. That roster includes Washington State, New Jersey, Chicago and New York City. With data sharing, to boot.

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CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

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In recent weeks, both New York and California have sought more authority over debt collection, even as the CFPB mulls rule changes that would make it easier for debt collectors to be in contact with companies and individuals via phone, text and email. Digital Taxes, Abroad. And we want this basis to be solid, credible and fair.

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