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Nov 2020 – Patch Update for EPM Automate

Perficient

It clearly benefits the FCC / Tax Reporting audience. To be precise more on the SDM / Close Manager side of FCC – you have new commands to clear region / copy region by profile. Business Benefit: These commands facilitate the scheduling and automation of some Tax Reporting and Financial Consolidation and Close operations.

Taxes 322
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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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It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021

PYMNTS

Today (July 15) is Tax Day , and despite it coming three months later than normal due to COVID-19, several million Americans will be scrambling to get their returns (or at least their applications for extensions) out the door by midnight. Olson thinks the IRS might need 18 months to work through all of that paper, delaying some tax refunds.

Taxes 146
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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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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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EU Wants US Tech Giants To Pay Revenue Tax

PYMNTS

Germany, France, Italy and Spain’s finance ministers have announced plans to tax tech multinationals, such as Amazon and Alphabet Inc./ They would like the EU to develop a region-wide plan to implement their proposal, and plan to present it to all 28 EU finance ministers at a meeting next week. billion in revenue tax.

Taxes 115
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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.

Taxes 144