CAC- Corporate Affairs

Candidates for county tax assessor collector race make their case

Voters in El Paso County will cast their ballots to decide the fate of several primary races on Tuesday, March 3, including the contested El Paso County Tax Assessor-Collector race which has drawn two Democratic candidates, incumbent Ruben Gonzalez and challenger Ivan Niño. According to the Texas Comptroller of Public Accounts, the responsibilities of the county […]

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France agrees to delay new tax on tech giants

France has agreed to delay collecting a new tax on multinational technology firms until the end of 2020, a French government official has told the BBC. The digital services tax has provoked an angry response from Washington. The US had threatened to impose retaliatory tariffs on $2.4bn (£1.8bn) of French goods, including champagne and cheese,

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Britain’s Prince Harry And Meghan To Give Up Royal Titles

Britain’s Prince Harry and his wife Meghan have agreed to give up their royal titles and stop receiving public funds as part of a settlement with the Queen that lets them spend more private time in Canada. The announcement from Buckingham Palace on Saturday follows more than a week of intense private talks aimed at

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Macron and Trump declare truce in digital tax dispute

PARIS (Reuters) – French President Emmanuel Macron said on Monday he had a “great discussion” with U.S. President Donald Trump over a digital tax planned by Paris and said the two countries would work together to avoid a rise in tariffs.French President Emmanuel Macron speaks during a visit at the AstraZeneca factory in Dunkirk, France

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Hempfield board ends controversial tax assessment appeals program

A residential tax assessment appeals program that was largely criticized in 2017 will be eliminated from the Hempfield Area School District starting in 2021. The program, adopted in 2015 to target under-assessed commercial and industrial parcels, essentially raises property taxes to what they would be if officials did a countywide reassessment — something that hasn’t happened

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Bithumb Takes Korean Tax Authority to Court Over ‘Groundless’ Crypto Tax

Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. Bithumb Seeks to Nullify Tax Bill

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Bithumb fights back against ‘groundless’ $70m tax bill

South Korea’s largest cryptocurrency exchange Bithumb has officially filed a complaint with the country’s tax authorities (NTS) over a near-$70m (80 billion won) tax bill the company received last November. According to the Korea Times, Bithumb is arguing that the tax bill should be waived based on the fact that cryptocurrencies are not legally recognised as

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2019’s DeFi Boom Creates New Questions for Tax Filing Season

The decentralized finance (DeFi) boom of 2019, leading to over $758 million in locked crypto assets, is already making accountants dizzy.  If you lock up bitcoin or ether in exchange for a synthetic asset or a stablecoin, as nearly a dozen projects and platforms today allow, is that a trade or merely a temporary reorganizing of the original

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