With e-commerce becoming increasingly globalized, a company called Taxdoo, which builds API-based tools to help e-commerce companies with tax compliance and other accounting needs, is announcing a round of funding: $64 million, a Series B that the Hamburg-based startup will be using to expand further across Europe and to build what it describes as the…
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Should you have a look at the previous couple of years, you’ll obviously see the speedy fee of trade that companies of all sizes and industries have skilled. From pandemic-driven adjustments to trade to technology-driven shifts in person conduct—companies have needed to adapt again and again. One of the vital results of all this transformation…
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Online marketplace platform operators and facilitators, and other e‑commerce businesses, that did not have Canadian sales tax obligations when they first started operations may now find that they are required to register for, and collect, Canadian sales tax in one or more jurisdictions. While each jurisdiction has its own definition, very generally, an online marketplace…
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Tetra Images | Tetra images | Getty Images If you’re still recovering from the tax sting of larger-than-expected mutual fund payouts in 2021, it’s never too early to prepare for future distributions, financial experts say. Midyear capital gains distributions aren’t common, especially in a bear market year, said Russel Kinnel, director of manager research for…
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A group of finance leaders are coping with a steady stream of economic disruptions this year and they’re planning ahead for tax hikes and more. Potential U.S. and international tax legislation is having an impact on nearly every organization surveyed, with 87% of the 257 finance decision-makers polled in the U.S., Canada and Mexico saying…
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Ron Wyden and Donald Trump Senate Finance Committee Chair Ron Wyden (D-Ore.) sent a letter to Donald Trump’s erstwhile accountant Mazars on Tuesday, asking them why they terminated their relationship with the former president and disavowed a decade of his tax filings. “It is highly uncommon for a global accounting firm to directly cast doubt…
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A group of millionaires have joined protests against the World Economic Forum gathering of the business and political elite in Davos, Switzerland, demanding that governments “tax us now” to tackle the burgeoning gulf between rich and poor. The unlikely protesters, who describe themselves as “patriotic millionaires”, called on world leaders attending the annual conference on…
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Getty SOPA Images/LightRocket via Getty Images With the filing deadline for individual tax returns quickly fading into the rearview mirror, it is tempting for accounting and financial planning professionals to put cryptoassets on the proverbial back burner. A tempting option, but one that would be a disservice to the profession, as the cryptoasset landscape continues…
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