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Indonesia Levies 10 Pct Tax On Sales From Tech Firms

PYMNTS

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

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

PYMNTS

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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Why Timing Is Everything On Tax Day

PYMNTS

Tax Day for Americans is here, or at least it will be on Tuesday, April 17. This year is a bit of an unusual year as far as taxes are concerned, since April 15 actually falls on a Sunday. Back then, taxes weren’t due on April 15. Tax season used to be a month and a half shorter.

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Amazon Gains Juicy Incentives With New Headquarters Locations

PYMNTS

By selecting New York City, Amazon will also get a refundable tax credit, via New York State’s Excelsior Program, that could total $1.2 Virginia has also pledged $195 million in infrastructure improvements, work that involves subway stations and a pedestrian bridge for people headed to Reagan National Airport.

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Buying into AML risks in real estate

Abrigo

In 2016 when the Panama Papers exposed an international network of offshore entities involved in tax evasion, fraud, and sanction evasion, some of which included real estate holdings, regulations began to change. According to the National Association of Realtors, there were more than 106,000 real estate brokerage firms in the United States.

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Google Testing Same-Day Delivery In San Francisco

PYMNTS

NBC News reported that national, regional and local merchants are testing Google Shopping Express with big-name retailers including Target and Walgreens. Amazon would provide the business with uniforms, fuel and insurance plans for fleet operations and provide training on everything from taxes, payroll, and other small business topics.

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Under Armour Wants To ‘Reinvent’ Baltimore, But Not Everyone’s Feeling It

PYMNTS

When the park was rejected by local voters, Allen suddenly controlled a very valuable piece of property in the middle of downtown Seattle. He now owns a LOT of land in Seattle, and several of the major league sports teams in the area. And Baltimore already has a bunch of sports teams. And none of them need a new home at the moment.

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