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Chile Weighs 19 Percent Tax On eCommerce Firms

PYMNTS

Chile is considering a 19 percent tax on multinational eCommerce companies like Amazon, Netflix and Uber. The Chilean Chamber of Commerce, the Confederation of Production and Commerce and the Organisation for Economic Co-operation and Development (OECD) are all backing the tax rate.

Taxes 173
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New Digital Taxes Loom On Tech Firms In Europe

PYMNTS

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales.

Taxes 130
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In Asia, Focus On Big Tech Regs And Taxes

PYMNTS

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. Together, we are 80 percent of the region,” Indonesian Communications Minister Rudiantara told the newswire. The tax would be in force even when the companies are located offshore. Libra, Too.

Taxes 133
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EU ‘Link Tax’ May Shutter Google News Abroad

PYMNTS

A “link tax” might mean the end of Google News in the EU. Richard Gingras, the search engine’s vice-president of news, said while “it’s not desirable to shut down services” the company isn’t happy with Brussels’ current proposal to charge a link tax for using news stories. There’s no advertising in Google News.

Taxes 144
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Big Tech Compliance Tracker: Apple, Google, Amazon Boost UK Fees To Cover New Digital Tax; Amazon Gets FAA’s OK For Drone Delivery 

PYMNTS

The proposal comes at a time when Google and Apple’s right to charge commissions and make a sizable portion of sales has come under fire worldwide by companies that develop apps, such as Epic Games. The FAA’s role is to ensure that any [drone] operation is performed safely,” the FAA said in a statement to PYMNTS. and other countries.

Taxes 131
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Investing in America: 7 Strategies and 7 Tactics That Can Drive Business

South State Correspondent

The breadth of these programs is massive and combines grants, tax credits, production incentives, tax relief, and private investment stimulus. This is all on top of the tax benefits, such as the Employee Retention Credits businesses still claim have yet to be dispersed. For example, under the Tech Hub initiative by the U.S.

America 195
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Profits in a time of inflation: what do company accounts say in the UK and euro area?

BankUnderground

Some have said that companies have increased their profits over that period: so-called ‘greedflation’. We use published company accounts for thousands of large listed companies to look for signs of increased profits in the data. Companies in the euro area are in a similar position. Why look at large companies?

Company 102