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Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
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Canada Regulator to Impose Fee on Google For Online News Law's Operating Costs
The imposition of the levy on Google comes at a time of increased tension between Canada and the United States over trade, border security, and a digital services tax on US technology firms.
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
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Australia To Force Meta And Google To Pay For News Shared On Platforms
Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media.
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Italy Begins Audit of Meta in Tax Case That Could Cost Facebook Parent $925 Million
Italy expects to take until the end of the year for an initial assessment of Facebook parent Meta in a tax case that could land the US company with a bill of around EUR 870 million ($925 million or roughly Rs. 7,611 crore) and prove a test case for the tech sector.
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Europe vs GAFAM: How the Battle Against Big Tech Unfolded So Far
US tech giants Google, Apple, Facebook, Amazon, and Microsoft — collectively dubbed GAFAM — have been accused of not paying enough taxes, stifling competition, stealing media content and threatening democracy by spreading fake news.
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Apple, Google, Amazon, Other Tech Giants May Have to Pay Much Higher Taxes as G7 Nations Reach Landmark Deal
Apple, Google, Amazon among other multinational businesses could be subjected to more taxes as G7 nations reach a deal to pursue higher global taxation.
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Amazon, Apple Stay Away From New French Initiative to Set Principles for Big Tech
Amazon and Apple have not signed up to a new French initiative to get global tech companies to publicly commit to principles including paying their fair share of taxes.
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Google to Enforce Play Store Tax on the 3 Percent of Apps Not Paying
Google on Monday sought to rebut criticism that it selectively enforces its 30 percent Play Store tax, demanding that the over 3 percent apps selling digital items without complying follow the rules within a year.
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Twitter, Zoom, 10 More Tech Companies Added by Indonesia to List of Businesses That Must Pay 10 Percent VAT
Indonesia on Tuesday added 12 more companies, including Twitter and Zoom, to a list of internet-based businesses that must pay a 10 percent value-added tax (VAT) on sales.
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Income Tax Department Said to Target Over 400 Wealthy Binance Traders in Major Tax Evasion Crackdown
The tax authorities have launched an extensive investigation into over 400 wealthy Binance users for possible tax evasion between 2022 and 2025. Officials are examining peer-to-peer trades and payments via banks, Google Pay, and cash. Binance’s re-entry in 2024, following a $2.25 million (Rs. 20 crore) fine and registration with the FIU, has give...
-
Canada Regulator to Impose Fee on Google For Online News Law's Operating Costs
The imposition of the levy on Google comes at a time of increased tension between Canada and the United States over trade, border security, and a digital services tax on US technology firms.
-
Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
-
Australia To Force Meta And Google To Pay For News Shared On Platforms
Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media.
-
Italy Begins Audit of Meta in Tax Case That Could Cost Facebook Parent $925 Million
Italy expects to take until the end of the year for an initial assessment of Facebook parent Meta in a tax case that could land the US company with a bill of around EUR 870 million ($925 million or roughly Rs. 7,611 crore) and prove a test case for the tech sector.
-
Europe vs GAFAM: How the Battle Against Big Tech Unfolded So Far
US tech giants Google, Apple, Facebook, Amazon, and Microsoft — collectively dubbed GAFAM — have been accused of not paying enough taxes, stifling competition, stealing media content and threatening democracy by spreading fake news.
-
Apple, Google, Amazon, Other Tech Giants May Have to Pay Much Higher Taxes as G7 Nations Reach Landmark Deal
Apple, Google, Amazon among other multinational businesses could be subjected to more taxes as G7 nations reach a deal to pursue higher global taxation.
-
Amazon, Apple Stay Away From New French Initiative to Set Principles for Big Tech
Amazon and Apple have not signed up to a new French initiative to get global tech companies to publicly commit to principles including paying their fair share of taxes.
-
Google to Enforce Play Store Tax on the 3 Percent of Apps Not Paying
Google on Monday sought to rebut criticism that it selectively enforces its 30 percent Play Store tax, demanding that the over 3 percent apps selling digital items without complying follow the rules within a year.
-
Twitter, Zoom, 10 More Tech Companies Added by Indonesia to List of Businesses That Must Pay 10 Percent VAT
Indonesia on Tuesday added 12 more companies, including Twitter and Zoom, to a list of internet-based businesses that must pay a 10 percent value-added tax (VAT) on sales.
