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Avalara Unveils eInvoicing Software For Tax Compliance In India

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To assist companies in following Goods and Services Tax (GST) rules in India, Avalara, Inc. India, for its part, recently embarked on a digital invoice mandate effort, and the Central Board of Indirect Taxes and Custom (CBIC) brought about regulations that make businesses adopt eInvoices to cut down on GST evasion. 16) announcement.

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Aussie Tax Office Reminds SMBs To Pay Debt

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Small and medium-sized businesses (SMBs) in Australia are being reminded by the country’s tax office that owing money to the agency is not OK, Broker News reported Friday (Feb. The national business funder Scottish Pacific said in a press release Thursday (Feb.

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UK SMEs Way Behind On Tax Payments

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24) that SMEs in the nation owe nearly $3.25 Funding Options pointed to late B2B payments in particular as a key factor behind why small businesses are struggling to pay their taxes. That means SMEs are facing late payment penalties from HMRC, the U.K. tax body, reports noted, and also face the threat of tax collectors.

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Bitcoin Daily: Gemini Creates Insurance Unit To Protect Against Crypto Theft; South Korea’s Bithumb Exchange To Fight Crypto Tax Bill

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In other news, South Korean cryptocurrency exchange Bithumb is going to court to fight an almost $69 million tax bill from the National Tax Service (NTS), according to a report Thursday (Jan. The tax is called a retention tax, which is an income tax paid to the government by the income payer and not its recipient.

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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

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tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative.

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Today In Payments Around The World: Cashfree Raises $35M From Apis Partners; InComm Payments Buys Todo Cartões

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In today’s top payments news around the world, Indian online payments platform Cashfree has landed millions in new funding to help fuel its growth, while InComm Payments has acquired Brazilian gift card processor Todo Cartões. Indian Digital Payments Platform Cashfree Lands $35M from Apis Partners. Apis Partners, the U.K.-based

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Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM Card Bitcoin Theft

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s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments.

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