Sunday, September 19, 2021

How Accounting Giants Craft Favorable Tax Rules From Inside Government - The New York Times

For six years, Audrey Ellis and Adam Feuerstein worked together at PwC, the giant accounting firm, helping the world's biggest companies avoid taxes.

In mid-2018, one of Mr. Feuerstein's clients , an influential association of real estate companies, was trying to persuade government officials that its members should qualify for a new federal tax break. Mr. Feuerstein knew just the person to turn to for help. Ms.

Date: 2021-09-19T09:00:13.905Z
Twitter: @nytimes
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U.S. Officials Eye Ransomware Payments for Sanctions

The current U.S. administration lays out plans for more restrictive sanctions surrounding ransomware payments in a cybersecurity enhancement effort.

The U.S. Treasury Department prepares new sanctions against hackers and the use of digital currencies for ransomware payments. As soon as next week, the sanctions could be rolled out. In addition, the government plans a new series of guidelines for businesses on the risks of ransomware payments.

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Publisher: Entrepreneur
Author: Savannah Fortis
Twitter: @Entrepreneur
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Opinion: You're suddenly rich — so how do you handle your money now? - MarketWatch

The reality of having to manage, protect, and pass on your net worth can be daunting, leading to the natural question: "Where do I begin?"

Here are four tips to help you begin managing, protecting, and increasing your wealth more effectively:

1. Decide who is your one trusted advisor—then build a support team around that person. Oftentimes, crowdsourcing advice can be counterproductive, resulting in poor decision-making.

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Publisher: MarketWatch
Date: 2021-09-18T09:10:00-04:00
Author: Fritz Glasser Meghan Railey
Twitter: @marketwatch
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Digital currency tax guidance still a priority for IRS - CoinGeek

The IRS joined hands with the U.S. Treasury Department to release the Priority Guidance Plan for the 2021-2022 fiscal year recently. In it, "guidance concerning virtual currency" ranked under the general tax issues.

In its 2020 guidance plan, the IRS also listed the tax regulations for virtual currency holders as one of its priorities.

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Publisher: CoinGeek
Date: 2021-09-15T11:00:26 00:00
Twitter: @realcoingeek
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Excise tax data continuity: How multiple systems endangered tax data integrity | MarketScreener

Long gone are the days when product costs didn't cloak government-imposed taxes, when purchase transactions were truly between two parties: the buyer and the seller. You may purchase my pig for seven of your chickens. The price tag was transparent.

Date: 8E1C9AF149514AB658B7178E8A38825C
Author: MarketScreener
Twitter: @ForTraders
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Finland: Remote work from abroad - questions for employers to consider - Lexology
Publisher: Lexology
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Register, obtain TIN or be sanctioned, FIRS' orders CSOs | The Guardian Nigeria News - Nigeria

• It's Plot To Cripple Anti-corruption, Human Rights Organisations, Say CISLAC, Others
• CLO Threatens Court, Political Actions
• SERAP Differs, Says FIRS Should Proceed If Backed By Law

The decision of the Federal Government to extend its tax net to Civil Society Organisations (CSOs) in the country has attracted the bashing of some of the concerned organisations.

Publisher: The Guardian Nigeria News - Nigeria and World News
Date: 2021-09-18T04:25:20 00:00
Twitter: @NGRGUARDIANNEWS
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Taxing the new-age digital companies

Foreign digital companies sell goods in India but do not pay taxes as they are not physically present in the country and that is a key concern

Digital technology has not only changed the way the world works, it has also made inroads into the country's taxation system.

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Publisher: The Pioneer
Author: The Pioneer
Twitter: @TheDailyPioneer
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International Finance and Intrigue in Lucifer's Banker Uncensored - Capital Research Center

Lucifer's Banker Uncensored by Bradley C. Birkenfeld (Republic Book Sellers, 2020) is about power and corruption at the highest levels of what's arguably the world's most powerful institution—international finance—with Birkenfeld cast as the plucky rogue poised to take it all apart.

Lucifer's Banker Uncensored reads like an Ian Fleming thriller, filled with intrigue, betrayal, and double-crossing government agents.

Twitter: @@capitalresearch
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