Wednesday, November 17, 2021

Thomson Reuters Launches Indirect Tax Platform | AccountingWEB

Thomson Reuters has launched the Indirect Tax (IDT) Determination Anywhere platform, a new patent-pending, cloud-based tax technology platform that sits on top of existing infrastructure – private and public cloud or on-premises solutions –enabling accurate and secure tax calculations.

Publisher: AccountingWEB
Date: 2021-11-16T21:29:59 00:00
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Bitcoin tumbles towards $60,000 after China fires another warning at crypto miners and Biden's $1

Bitcoin tumbled towards $60,000 on Tuesday, after being hit by a combination of bearish factors, including the $1 trillion US infrastructure bill that brings tougher rules on crypto-trading taxes and a new warning to Chinese firms about mining from Beijing.

Publisher: markets.businessinsider.com
Author: finanzen net GmbH
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Rich Countries' Double Standards on Taxation by José Antonio Ocampo - Project Syndicate

NEW YORK – The last two years have thrown into sharp relief the structural injustices that underpin the global economy. As the COVID-19 pandemic drove an estimated 88-115 million people into extreme poverty, the world's billionaires saw their wealth increase by more than 25% .

G20 leaders claim – with much self-satisfaction – that they are addressing the problem: they recently agreed to establish a global minimum corporate tax rate, thereby ending the " race to the bottom " fueled by global competition for foreign investment.

Publisher: Project Syndicate
Date: 2021-11-16T12:25Z
Author: Jos Antonio Ocampo
Twitter: @prosyn
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Cryptocurrency: Bitcoin plummets after series of events - Fingerlakes1.com

President Joe Biden also signed infrastructure bill, which has created a law that puts tax regulations on cryptocurrency.

In other news, Shiba Inu went up on Tuesday after AMC announced they would accept the coin as payment soon.

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Publisher: Fingerlakes1.com
Date: 2021-11-17T02:35:46 00:00
Twitter: @fingerlakes1
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Spain introduces minimum tax of 15% for companies – MNE Tax

Spain's budget 2022 establishes a minimum corporate income tax rate of 15% of the tax base for certain taxpayers effective in 2022. The tax applies regardless of whether the companies carry out activities abroad.

For applicable taxpayers, this means that it will not be possible to reduce net tax liability below this amount through the application of deductions.

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Publisher: MNE Tax
Date: 2021-11-15T12:34:00-05:00
Author: Ramon Bonell
Twitter: @MNETax
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How the infrastructure bill affects cryptocurrency explained

PRESIDENT Joe Biden has signed a $1.2trillion infrastructure bill into law - and it touches upon everything from bridges to broadband and roads to railways.

It also includes a cryptocurrency tax reporting requirement, which is creating controversy and raising questions that the language is too broad.

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Publisher: The US Sun
Date: 2021-11-16T15:52:13 00:00
Author: 161385360554578
Twitter: @thesun
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Thomson Reuters 2021 Tax Technology Report Illuminates �Burning Platform� Syndrome for Corporate

As a proportion of the overall tax take, sales taxes have risen to an average of between 25% - 35% across OECD countries, the nations that constitute the majority of the global nominal GDP.

�The burden of keeping up with tax complexities has never been as acute as it is today, as is the cost for errors born from constantly evolving regulations,� said Sunil Pandita, president of Corporates for Thomson Reuters.

Publisher: WebWire
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Voya Equity Closed End Funds Declare Distributions | Business | The Daily News

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.

With respect to the Fund, the distribution will be paid on December 15, 2021, to shareholders of record on December 2, 2021. The ex-dividend date is December 1, 2021. The distribution per share for the Fund is as follows:

Publisher: The Daily News
Twitter: @GalvNews
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Voya Equity Closed End Funds Declare Distributions | Nation/World | bdtonline.com

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the monthly distribution on the common shares of one of its closed-end funds.

With respect to the Fund, the distribution will be paid on December 15, 2021, to shareholders of record on December 2, 2021. The ex-dividend date is December 1, 2021. The distribution per share for the Fund is as follows:

Publisher: Bluefield Daily Telegraph
Author: Business Wire
Twitter: @bdtonline
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Top Australian Baseball Club To Pay Players In Bitcoin
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Publisher: NewsBTC
Date: 2021-11-17T16:00:53 00:00
Twitter: @newsbtc
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