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PayPal venture arm has invested in US-based tech startup Taxbit, which helps consumers and businesses calculate the taxes owed on cryptocurrency holdings.
PayPal, investment, crypto, blockchain, taxes, Bitcoin, US, Taxbit
Saudi Arabia has announced it will be introducing a new e-invoicing system that is expected to be a CTC regime.
Saudi Arabia, regulations, e-invoicing, CTC, framework, taxes, cross-border payments, debit, credit
Pro Payments has announced that its platform takes advantage of the new integration between BigCommerce and QuickBooks.
Pro Payments, BigCommerce, QuickBooks, merchant, payment gateways, Authorize.net, Apple Pay, Amazon Pay, Adyen, Chase Payments, Elavon, NMI, Square, Stripe, PayPal, taxes, refunds, discounts, shipping, QuickBooks Online, QuickBooks Payments, Cash Discount Program, credit card, processing fees
South Korea, digital assets, taxes, crypto trading, private sector, cryptocurrency, earnings, virtual currencies, electronic certificates, digital certificates, financial assets, capital gains, Financial Services Commission, financial regulator
ANNA, fintech, SMB, freelancer, investment, ABHH Group, fundraising, covid-19, commercial activity, payments, invoicing, accounting, managing taxes, chat interface, automation, invoice tracking
PayPal Australia could take a financial hit after the completion of an external audit into the company's compliance with financial crime laws.
PayPal Australia, audit, taxes, AML, CTF, Australian Tax Office, Australia
The US law enforcement and regulatory agencies have set a Cryptocurrency Intelligence Program.
Cryptocurrency Intelligence Program, stablecoins, illegal use of crypto, cryptocurrency, taxes, dark net, money laundering, Monero, US, Crypto exchanges, P2P payments
Germany’s federal data commissioner has suggested that Ireland’s Data Protection Commission (DPC) should accept outside help to succeed with the task of regulating big techs.
Ireland’s Data Protection Commission (DPC), big techs, GDPR, regulation, data privacy, taxes, Ireland
EU Member States lose EUR 170 billion a year due to tax avoidance practices exercised by the wealthiest citizens and multinational corporations operating in the EU.
EU Member states, multinational corporations, taxes, bigtechs, France, Germany, Europe, tax avoidance
The Central Board of Indirect Taxes and Custom has mandated that Indian businesses with a turnover of over USD 70 mln issue invoices with a QR code.
The Central Board of Indirect Taxes and Custom, Goods and Services Tax, GST Council, India, e-invoicing, electronic invoicing, GST portal, QR code
Spanish newspaper ABC has found that Venezuelan president Nicolás Maduro and his administration appear to turn tax revenue from domestic airports into Bitcoin and other cryptocurrencies.
cryptocurrency, Venezuela, Jetman Pay, Bitcoin, taxes, Nicolas Maduro
Invoiced has revealed the integrated availability of Avalara\s AvaTax solution into Invoiced\s accounts receivable automation system.
Invoiced, accounts receivable automation, tax compliance automation, customer experience, taxes, invoice, invoicing, tax jurisdictions, billing, tax compliance, compliance solutions
Bluefin has revealed it will provide the PCI scope reduction and security of PCI-validated point-to-point encryption through Convenient Payments’ GovTeller payment solution.
Bluefin, PCI, P2PE, payments, GovTeller Payment Solution, Convenient Payments, taxes, court fees, fines, government, cardholders, POS, credit card, debit card, security
Mastercard has introduced a vision for digital identity, a new paper called Restoring Trust in a Digital World.
Mastercard, digital ID, digital interaction, ownership, confidentiality, consent, transparency, inclusion, privacy, security, data exchange, bank account, taxes, fraud, identity theft
IDEMIA‘s has rebranded the eID app for the state of Alabama, thus signalling possible plans for its expansion to new markets.
IDEMIA, eID solution, US, Alabama, taxes, app, facial recognition, identity, authentication
A new survey from Ally Financial has found that a quarter of millennials do not feel their education prepared them adequately to deal with their finances.
Ally Financial, survey, millennials, finances, taxes, 401(k) plan, payments
As per the Indiana Department of Revenue, identity theft prevention programs have helped halt the improper payments involving taxes in 2018.
anti fraud, identity theft, Indiana, income taxes, refund fraud detection, tax returns
The United States Supreme Court has decided to revisit Quill Corp. v. North Dakota, a 1992 ruling that allowed states to collect taxes on online sales only from sellers that had a physical presence within their boundaries.
US Supreme Court, ecommerce laws, ecommerce sales, tax laws in ecommerce, online sales taxes US
The Swiss municipality of Chiasso has announced plans to allow residents pay their taxes in Bitcoin, according to Fortune.
Bitcoin, Zug, Chiasso, Switzerland, online payments, online security, cryptocurrency, Bitcoin, taxes
Japan has exempted cryptocurrency holders from the 8% Japanese consumption tax (JCT).
cryptocurrencies, consumption tax, Japan, Australia, virtual currency, taxes