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New Cryptocurrency Tax Reporting Rule Proposed in US for Sales, Exchanges of Digital Assets
Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed US Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on c...
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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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Automakers In India Should Reduce Royalty Payments To Foreign Parents - Official
Indian automakers should reduce royalty payments to foreign partners to bring down costs instead of seeking tax cuts, a finance ministry official said on Thursday, days after reports that Toyota would halt expansion in the country due to high taxes.
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Coronavirus Lockdown: FADA Seeks Government's Support For Auto Dealers
Auto dealers in India employ around 40 lakh people with each dealership employing about 80 - 150 people on an average. Job losses owing to the slowdown has worst affected auto dealers and component sector and that's the biggest fear post the lockdown period.
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New Cryptocurrency Tax Reporting Rule Proposed in US for Sales, Exchanges of Digital Assets
Cryptocurrency brokers, including exchanges and payment processors, would have to report new information on users' sales and exchanges of digital assets to the Internal Revenue Service (IRS) under a proposed US Treasury Department rule published on Friday. The rule is part of a broader push by Congress and regulatory authorities to crack down on c...
-
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.
-
Automakers In India Should Reduce Royalty Payments To Foreign Parents - Official
Indian automakers should reduce royalty payments to foreign partners to bring down costs instead of seeking tax cuts, a finance ministry official said on Thursday, days after reports that Toyota would halt expansion in the country due to high taxes.
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Coronavirus Lockdown: FADA Seeks Government's Support For Auto Dealers
Auto dealers in India employ around 40 lakh people with each dealership employing about 80 - 150 people on an average. Job losses owing to the slowdown has worst affected auto dealers and component sector and that's the biggest fear post the lockdown period.
