Global tax reform has taken a small step forward—but only by delaying tough conversations. Another wave of political brinkmanship over the thorny question of how Silicon Valley’s technology giants are taxed is all too possible. On Friday, the Organization for Economic Cooperation and Development announced a deal to move ahead with a single framework for […]

The South African Revenue Service (Sars) wants to harness the latest in artificial intelligence technology, self-learning computers and Big Data as it struggles to meet revenue-collection targets. In a statement, the tax authority said its work will increasingly be informed by “data-driven insights, self-learning computers, AI, and interconnectivity of people and devices”. “We cannot ignore the

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Miners claiming to represent the majority of Bitcoin Cash’s (BCH) hash rate intend to implement a plan to tax other miners in the community. Most remarkably, this tax could also affect all cryptocurrencies that share the SHA256 algorithm, including Bitcoin. BITCOIN CASH MINERS TO BE SUBJECT TO A 12.5 PERCENT TAX The plan, under the

A Wall Street rating agency warned dozens of New Jersey school districts could find themselves in an increasingly stressed financial position because of a bill the governor vetoed earlier this month.  Proposed Senate Bill 4289  would have allowed those districts that lost state financial aid related to 2018 changes to the school funding formula to make

China’s State Tax Administration has announced an extension for the deadline for tax filing in January. January tax filing in China will be extended, nationwide, from the originally planned deadline of February 17, 2020 to February 24, 2020. This is in response to the acknowledged difficulties faced by businesses having to deal with the extended

Akure The Ondo State government , says it has integrated into the National Tax  Identification Number (TIN) system to capture tax payers and boost revenue generation in the state. Mr Tolu Adegbie, the Chairman of the State Internal Revenue Service (ODIRS), made the disclosure during a courtesy visit and presentation of TIN certificate to the State Head

Ghana’s revenue collector has revealed plans to automate the collection of Value-Added Tax (VAT) by the second quarter of 2020, a move meant to improve compliance and eliminate loopholes in the tax collection process. The digitization measure will ensure that the tax is credited directly to the Ghana Revenue Authority (GRA) at the point of

Austria’s new conservative-Green government pushed back a planned corporate-tax cut until at least 2023, focusing instead on helping low- and middle-income families and incentives for de-carbonizing the economy. At a two-day conclave ending Thursday, Chancellor Sebastian Kurz’s coalition agreed timelines for the introduction of measures in its program for government. Some 4 billion euros ($4.4

With tax season in full swing (it kicked off January 27, 2020), the Internal Revenue Service (IRS) has issued a reminder to taxpayers to avoid unethical “ghost” tax return preparers. A ghost preparer is a paid tax preparer who isn’t on the IRS’ radar because he or she doesn’t have a Preparer Tax Identification Number (PTIN). And to stay hidden, a