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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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Strong first quarter: GFT Group upgrades guidance

Bobsguide

Group EBT up by 91 percent compared to first quarter of 2021, revenue up by 40 percent. – Group revenue guidance for 2022 upgraded from EUR 680 million to around EUR 720 million and EBT guidance from EUR 54.5 Pre-tax earnings for the full year are likely to reach around EUR 58 million at Group level (previously: EUR 54.5

Groups 60
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Dubai Creating $870M Free Trading Zone For eCommerce

PYMNTS

Having previously identified the region’s growing eCommerce market and given the traction witnessed by clients (going) online due to the pandemic, we are on track for the scheduled opening by the end of 2020.”. The Hong Kong architect P&T Group designed the project. The proposed 2.1 The proposed 2.1

Regional 266
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4 Lessons to be covered in Sageworks Credit Analysis User Groups

Abrigo

Sageworks recently announced its lineup for regional User Groups in 2016 , including events in Atlanta, Philadelphia, Los Angeles and Dallas. Here are 4 key lessons to be covered during the Sageworks Credit Analysis User Groups. Here are 4 key lessons to be covered during the Sageworks Credit Analysis User Groups.

Analysis 150
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The Recency Trap and Building Deposit Balances

South State Correspondent

Most national and regional banks allocate marketing resources to recently acquired customers to get them to build deposit balances and purchase other products, while most community banks do not. Then, banks can establish a control group and a test group of customers drawn from the front and middle of the curve who ordinarily would be ignored.

Marketing 195
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Turkey Is Most Difficult Market for Regulatory Compliance

PYMNTS

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. In a new report by TMF Group, analysts aimed to understand exactly how compliance demands change in various parts of the world. There are also an “extremely high number” of tax rules.

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Union Budget 2020 Highlights

BankBazaar

To this end, the government proposed a slew of changes and incentives among which was a major tax rejig. The FM said that GST has integrated the economy and consolidated multiple taxes. Check out the latest Income Tax slabs for your reference: Income Tax Slabs 2020-21. Tax Changes. Income Tax Calculator 2020.

Taxes 146