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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

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South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. They falsely claimed to have a Harvard-educated CEO backing them. And, the U.S.

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Big Tech Compliance Tracker: US Trade Rep Says Digital Taxes Discriminate Against US Firms; Facebook Removes ‘Likes’ From ‘Pages’

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Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. US Trade Representative: India, Italy, Turkey Digital Taxes Discriminates Against US Firms. US Trade Representative Halts Plan To Tax $1.3 The USTR is suspending an initiative to tax $1.3

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Big Tech Compliance Tracker: Facebook Hints At EU Pullout Over Data Transfers Laws; Appeal Filed Over Apple’s $15B Tax Bill On Ireland Operations; In-App Billing Battle Rages On

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With the fate of TikTok grabbing all the press, you may have missed the news that Facebook is talking about denying itself and its sister social platform Instagram to the European Union (EU) over new proposals that would stop the social media giant from transferring data on EU users back to Facebook headquarters in Silicon Valley.

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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

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Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. Group Seeks to Block Maryland Online Advertising Tax. Maryland legislators ratified the tax earlier in 2020, but Gov. Regulation. Tencent: Big Tech Firms Need Greater Oversight.

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

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The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

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PayPal Launches iZettle Food & Drink In The UK

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The app was crafted to support the hospitality industry including restaurants, cafes and pubs for a fast and easy way to pay the check. It is estimated the industry lost nearly 30 billion pounds ($39.3 The remote payments app allows merchants to charge customers by sending a payment link via SMS, Whatsapp, email or social media.

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ClientWhys Introduces SMB Marketplace

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ClientWhys , a provider of marketing automation software and marketplace for cloud accounting and tax industries, has launched a new small business accounting marketplace. According to CPA Practice Advisor , CountingWorks will help U.S. Through Aug.