A tax (from the Latin taxo; "I estimate") is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many administrative divisions. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent.
All stories in Tax
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Denmark says switching to EVs could cost its welfare system $904M
Denmark uses road taxes to fund its welfare system, but EVs are exempt. As electric vehicles grow in popularity the country ...
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Updated: EY launches a cryptocurrency tax calculator – but you can’t use it
One of the world's largest business services firms has launched a tool to make accounting for intitutional cryptocurrency ...
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Apple wins tax battle against EU, avoids $15B fine
Apple has won its appeal against an EU order to pay Ireland $15bn in back taxes, after Europe's second-highest court rejected ...
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The US takes Facebook to court over $9 billion in (allegedly) unpaid taxes
The IRS says Facebook intentionally undervalued intellectual property it transfered to an Irish subsidiary in order to avoid ...
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US: Allow tech giants to opt out of new global tax scheme, or face tariffs
Saudi Arabia hosted a meeting for G20 members to discuss plans for a global digital services tax over the weekend, and things ...
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Ugh, the UK cuts electric vehicle grant for the third time in 10 years
On March 12 last week, the UK's Chancellor announced the country's budget, and it's had an impact for electric and ultra-low ...
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UK offers $130K for software that can trace Bitcoin, Ethereum, and (hopefully) Monero
The UK's tax agency needs help catching tax cheats that use cryptocurrency to avoid paying their dues, and it's now crowdsourcing ...
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FBI and US Marshals warn of heinous scammers demanding payments via Bitcoin ATMs
The United States Marshals and Federal Bureau of Investigation don't want you to forget about Bitcoin scammers pretending ...
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Czech gov wants to slap a 7% ad tax on internet giants like Google and Facebook
If the Czech government's tax will be accepted by parliament, the Czech Republic will join EU countries like France and Italy ...
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IRS eyes Bitcoin ATMs amid cryptocurrency tax concerns
As the number of Bitcoin ATMs across the world seemingly increases, so does the Internal Revenue Service's (IRS) focus on ...
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Moonday Mornings: Bitcoin isn’t money, says UK tax authority
It’s time for Hard Fork’s wrap-up of this weekend's cryptocurrency and blockchain news that you can’t afford to miss, ...
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The IRS’ latest cryptocurrency tax guidance shows it still doesn’t get it
The US Internal Revenue Service (IRS) issued updated guidance for calculating taxes owed on cryptocurrency holdings yesterday. ...
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France sticks to its unilateral ‘Google tax’ — even though Trump is pissed
French President Emmanuel Macron called the current taxation of big tech "crazy" ahead of the G7 summit, and plans to levy ...
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The IRS won't stop until it collects all the cryptocurrency tax it's owed
it seems the US Internal Revenue Service (IRS) won't rest until it's got every last tax dollar from cryptocurrency traders. ...
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Second Canadian town set to accept tax payments in Bitcoin
Another town in Canada looks like it might let its residents pay municipality property taxes in Bitcoin and other cryptocurrency. ...
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Australia's taxman is clamping down on cryptocurrency traders
The country’s tax office is collecting bulk records from Australian cryptocurrency service providers as part of a data ...
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Canada's tax agency asks cryptocurrency investors for 10 year trading history
Canada’s tax agency is reportedly cracking down on cryptocurrency investors in the country.
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Uganda loses 5 million internet users as a result of Social Media Tax
Half-way through 2018, Uganda introduced a Social Media (OTT) tax which required Ugandans to pay a tax if they wanted to ...
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Moonday Mornings: Dark Web Bitcoin transactions doubled in 2018
Today is Monday, January 21, which means two things. One, it's time for another Moonday Mornings; and two, it's the most ...
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Danish regulators go after Bitcoin trader’s unpaid tax
Bitcoin traders in Denmark will be facing increased scrutiny.