Apple on Tuesday introduced a new feature called “Tax Category” to App Store Connect, which is the platform used by developers for submitting apps to the App Store. With this new option, developers can easily determine taxes for different content or regions.
Brazil Government's Proposed Income Tax Reforms
On June 25, 2021, Brazil's Ministry of Finance submitted Bill 2,337/2021 (the Bill) to the Congress with proposed changes to income taxation for businesses and individuals.
The first step took place in July 2020 with Bill 3,887, which replaces the current PIS/COFINS—a social security charge calculated over revenues—by a 12% single rate, pure non-cumulative tax called CBS (Social Contribution on Transactions with Goods and Services).
West Virginia Tax Department Amends Sales Tax Regulations on Aircraft Operated Under Fractional
The West Virginia State Tax Department July 16 amended regulations on the consumers sales and service tax exemption for purchases of services and tangible personal property used for the repair, remodeling, and maintenance of aircraft operated pursuant to a fractional ownership program.
Update On Planning For Bitcoin And Other Cryptocurrency
The statement added that the guidance "does not establish any new regulatory expectations" and "consolidates current FinCEN regulations, guidance and administrative rulings." FinCEN has broad international reach to any business doing substantive business with U.S.
Any time FinCEN issues an advisory, compliance officers in both banks and virtual currency companies will spend a fair amount of time over the next few days reviewing the advisory in the context of their businesses and customers.
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. and RiverNorth Specialty Finance Corporation are each pleased to announce the declaration of preferred dividends for the third quarter of 2021, as detailed below.
The Board of Directors of RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. has declared a quarterly cash dividend of $0.27344 per share of the Fund's 4.375% Series A Cumulative Preferred Stock (NYSE: OPPPRA).
People & Business: July 21 - Portland Press Herald
Distinguished Service award recipient Jean Perkins with family members of some of her students from her more than 20 years as a Midcoast Literacy tutor. Contributed / Katie Clark
Midcoast Literacy celebrated 51 years of providing free literacy services in Lincoln, Sagadahoc and northern Cumberland counties during Annual Meeting & Celebration in Bath on June 26.
Coercion and coexistence: How El Salvador's Bitcoin Law may change global finance –
"New chapters of art history are written by artists making new art. But this is a chapter being written by artists (and their advocates) making novel financial moves."
"At Yearn we are each leaders. We don't need permission. All that is needed is for us to separate attraction from aversion, to find their roots within us, and then to look up."
What is the Role of CPAs in Helping Residents With Prop 19 Establish a Low Property Tax Base -
What's Going on With Crypto Regulation in the UK - LoveBelfast
Cryptocurrencies are a central legal grey area in most parts of the world. The only countries with clear policies are those that ban any use of them entirely.
The Bank of England does not consider cryptocurrencies like Bitcoin to be money in the traditional sense. As such, they are primarily considered property, although there are many caveats to this designation.
Happening on Twitter
App Store Connect gets new 'Tax Category' to assign taxes for different content and regions https://t.co/uc3sDPuL4V by @filipeesposito 9to5mac (from Cupertino, California) Tue Jul 20 21:32:35 +0000 2021
Developers can now set tax categories in #AppStore Connect https://t.co/PeNHj1ROnm https://t.co/WuB4w9WcHq appleinsider (from Cupertino, California) Tue Jul 20 22:15:51 +0000 2021
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