2014 National Regulation Taxes 
PYMNTS
NOVEMBER 26, 2019
Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. .
PYMNTS
JULY 26, 2016
For others, however, entire national economies can be affected. According to the UN Conference on Trade and Development (UNCTAD), that’s exactly what’s happening in some developing nations, in which invoice errors across Africa and South America are leading to the loss of up to two-thirds of commodity export value.
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Abrigo
NOVEMBER 21, 2019
The US is at a disadvantage without a national beneficial ownership registry. . In 2014, FATF clarified their standards and published the Guidance on Transparency and Beneficial Ownership. Is a national beneficial ownership database in the works? The importance of CDD and EDD around beneficial ownership.
PYMNTS
DECEMBER 20, 2017
Reuters, citing the FATF, reported that in addition to failing to punish money launderers, Mexico’s tax authorities aren’t regulating money from real estate and luxury goods firms, which are just a front for drug operations. That action was prompted by a U.S. percent rate.
PYMNTS
MAY 12, 2016
office were facilitating tax evasion and money laundering. According to FT , no public or private action was taken against the bank by regulators after the information was disclosed. regulators didn’t seem inclined to take any real steps toward looking into the claims about BSI’s role in tax evasion at the time.
FICO
OCTOBER 26, 2017
You would think one system would be enough to manage foreign tax compliance. In 2010 the IRS (Internal Revenue Service) started to define the details of FATCA (Foreign Account Tax Compliance Act). Two aspects are of interest: possible additional tax revenue from foreign accounts and additional information on the customers.
PYMNTS
DECEMBER 14, 2020
The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5
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