taxes

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

(source: en.wikipedia.org)

DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
August 02, 2024  |  Earnings

The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. And all three...

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They Said That: Notable Quotables for the Week of July 29
They Said That: Notable Quotables for the Week of July 29
August 02, 2024  |  Payments Innovation

It was the thick of earnings season this week, but that didn’t mean PYMNTS’ interviews with key executives took a break. Here are some of...

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Mind Your B’s and P’s: IRS Notices and Penalties Loom for Unprepared Firms This Fall
Mind Your B’s and P’s: IRS Notices and Penalties Loom for Unprepared Firms This Fall
August 02, 2024  |  Taxes

April has come and gone but a slew of IRS notices loom this fall as companies may be on the hook for erroneously filed returns,...

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Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
July 26, 2024  |  Apple

Apple has reportedly cut the prices of iPhones in India after the country reduced its basic customs duty on mobile phones. This is the first time...

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Arvo Tech Raises $2.5 Million to Expand Tax Credit Platform
Arvo Tech Raises $2.5 Million to Expand Tax Credit Platform
July 17, 2024  |  Taxes

Arvo Tech has raised $2.5 million in a Series A funding round to deliver its tax strategy solution to more small and medium-sized businesses (SMBs).,...

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IRS Warns Tax Pros of ‘Barrage’ of Phishing Scams
IRS Warns Tax Pros of ‘Barrage’ of Phishing Scams
July 16, 2024  |  Security & Fraud

The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners —...

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Sovos CEO Says Government Tax Compliance Mandates Push CFOs to  Modernize
Sovos CEO Says Government Tax Compliance Mandates Push CFOs to Modernize
July 11, 2024  |  Taxes

Governments around the world are using mandates to modernize and digitize all manner of activities, including how they collect taxes. To get a sense of...

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TaxBit and Taina Partner on Gig Economy Onboarding, Tax Reporting
TaxBit and Taina Partner on Gig Economy Onboarding, Tax Reporting
July 08, 2024  |  Taxes

Tax compliance solution providers TaxBit and Taina Technology have teamed up to help digital marketplaces with their onboarding and reporting needs related to gig workers....

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Streaming Services Face Proposed New Tax in Philippines
Streaming Services Face Proposed New Tax in Philippines
June 28, 2024  |  Streaming

Philippine lawmakers reportedly approved a bill that would tax foreign digital services, including streaming services like Netflix, HBO and Disney+. Having passed both the Senate...

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