Sunday, May 10, 2020

Guide Highlights Patchwork of Crypto Tax Laws in Latin America

Research from Latin American crypto exchange Buda has highlighted a patchwork of laws, confused regulations and unusual concepts governing crypto taxation in the region.

Buda has provided a series of tax guidelines outlining measures crypto traders should take into consideration when looking to comply with the authorities in Chile, Colombia, Peru, and Argentina.

In various countries in the region, there are different interpretations and concepts regarding what type of good or asset is considered to be a cryptocurrency.

Publisher: Cointelegraph
Twitter: @cointelegraph
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Not to change the topic here:

Where Justin Amash stands on key issues - FOX 40 WICZ TV - News, Sports, Weather, Contests &

After leaving the Republican Party and supporting the impeachment of President Donald Trump, Rep. Justin Amash of Michigan is exploring a presidential run as a Libertarian.

Amash has represented Michigan's 3rd Congressional District since 2011. During his time in Congress, he has distinguished himself as an independent thinker, alienating Republican leadership with contrarian votes and his willingness to criticize the legislative process.

Even when he was still a member of the party, he was known for holding positions that differed from the GOP orthodoxy, such as opposing federal surveillance programs and foreign intervention, arguing against American involvement in wars in the Middle East.

Date: 2020/05/10
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Experts say marijuana legalization could alleviate Texas economic losses from shutdown | WCTI
Publisher: WCTI
Date: 2020-05-08T20:51:25 00:00
Author: MELANIE BARDEN KEYE
Twitter: @wcti12
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White House considers measures to boost economy without Congress

WASHINGTON — The White House is considering another delay in the deadline to file federal taxes, along with additional measures aimed at providing economic relief for Americans that can be adopted without legislation from Congress, two people familiar with the discussions said.

Tax Day has already been pushed to July 15, but it could be extended further to Sept. 15 or as late as Dec. 15, these people said, although administration officials stressed that no decision has been made.

Publisher: NBC News
Twitter: @NBCNews
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Quite a lot has been going on:

Commentary: California's high cost of employment will stifle recovery | CalMatters

The now ended long economic boom from 2010-2020 made Californians complacent. Workers were in demand everywhere in America, so employers put up with California's high minimum wage, stunning housing costs and often absurd regulations.

People are begging for work. Employers have the pick of whom to hire – and where to find them across the 50 states.

If you were a corporate manager looking to build or lease a plant and hire workers, where would you look first? California, with a $13 minimum wage rising to $15 in 2022? Or Texas, with a $7.25 minimum wage – less than half the 2022 number?

Publisher: CalMatters
Date: 2020-05-06T22:08:32 00:00
Twitter: @CalMatters
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INSIGHT: Debt Characterization and Application of OECD Accurate Delineation Analysis

The OECD added financial transactions to its transfer pricing guidelines for the first time on Feb. 11. Duff & Phelps professionals examine the issues the guidance raises for the determination of the balance of debt and equity funding of an entity within a multinational enterprise for tax purposes.

On Feb. 11, 2020, the Organization for Economic Cooperation and Development (OECD) released its highly anticipated transfer pricing guidance on financial transactions (OECD (2020), Transfer Pricing Guidance on Financial Transactions: Inclusive Framework on BEPS Actions 4, 8-10 , OECD, Paris). Sections A to E of that report have been added to the OECD Transfer Pricing Guidelines as Chapter X.

Twitter: @tax
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Small landlords and building owners face problems with property tax payments and rent strike rent

The office will consider reducing delinquency fees, which can be as high as 18%, on property-tax payments, OMB Budget Director Melanie Hartzog said at the same hearing.

But the city is already facing a massive budget crunch: It closed an $8.7 billion gap, largely created by tax revenue shortfalls, in its recent budget. But the likelihood of further losses is high.

Landlords, of course, are facing their own shortfalls. The Covid -19 pandemic has rendered residential and commercial tenants increasingly unable to cover monthly payments, making it harder for property owners to cover bills they owe, like July property tax.

Publisher: Crain's New York Business
Date: 2020-05-06T13:23:57-0400
Author: Brian Pascus
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Income Tax Relief Under COVID-19 Legislation | New York Law Journal
Publisher: New York Law Journal
Date: 2020-04-15
Author: David E Kahen and Elliot Pisem
Twitter: @NYLawJournal
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