article thumbnail

Estimate Tax on your Oracle EBS Depot Repair Form

Perficient

Do you use Oracle’s Depot Repair module and a third-party tax engine? Your customers need to know the total amount of the service order, including any tax, before approving the service order? With standard Oracle EBS tax functionality, there is no tax calculation in the Depot Repair form.

Taxes 309
article thumbnail

US Treasury: Taxes On Digital Companies Are Discriminatory

PYMNTS

Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. Treasury’s top international tax official, called the taxes “ill-conceived,” and said the better option was to go after tax reform internationally at the Organisation for Economic Co-operation and Development ( OECD ).

Taxes 132
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Credit Karma To Divest Tax Unit To Square In $7.1B Merger With Intuit

PYMNTS

The Department of Justice is requiring Credit Karma to divest its tax business to Square as part of Intuit’s $7.1 25), Intuit and Credit Karma said they had received clearance from the Department of Justice (DOJ) for the merger, and had agreed for Credit Karma to sell its tax business to Square. On Wednesday (Nov.

Taxes 244
article thumbnail

US banks named as being among least ethical UK operators

TheGuardian

A new study scores the best and the worst accounts based on key issues such as climate and tax avoidance Two US banking giants which launched accounts in the UK have been ranked among the “worst” providers by researchers because of their policies on issues such as the climate crisis and weapons.

US 86
article thumbnail

France Agrees To Postpone Big Tech Tax After US Threatens Tariffs

PYMNTS

France will postpone payment requirements on its newly levied digital services tax aimed at large tech companies like Facebook and Google due to a dispute with the U.S. The payments were due in April, and Washington took issue with the tax, which it said is unfair and discriminatory toward the U.S. .

Taxes 131
article thumbnail

Gift Cards A Taxing Problem? Not Necessarily Says Tango Card CCO

PYMNTS

And when it comes to rewarding employees with a holiday or other work anniversary reward, the last thing businesses need is to have their generosity become a tax headache. However, he added, the tax implications should not exceed the cost and purpose of the present. Awesome … My Fourth Water Bottle. Shortcuts and Backfires.

Taxes 233
article thumbnail

How Pilot Is Innovating Corporate Taxes For Millennial-Run Businesses

PYMNTS

Tax season frustrations can blossom into real financial problems, especially when refunds are paper checks sent through postal mail. Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Proper tax education is critical to any business’s future, Daher said.