IRS to Seek Identities of U.S. Taxpayers Who Participated in the "Gig Economy"
(justice.gov)
A federal court in California entered an order on Monday authorizing the IRS to serve a John Doe summons on JustAnswer LLC, seeking information about U.S. taxpayers who were paid for answering questions as “experts” during the years 2017-2020.
A federal court in California entered an order on Monday authorizing the IRS to serve a John Doe summons on JustAnswer LLC, seeking information about U.S. taxpayers who were paid for answering questions as “experts” during the years 2017-2020.
Binance accused of tax evasion by India's finance department
(theregister.com)
India's Finance Ministry has alleged crypto exchange Binance evaded almost $85 million in tax – the vast majority of around $96 million it claims digi-dollar outfits haven't paid.
India's Finance Ministry has alleged crypto exchange Binance evaded almost $85 million in tax – the vast majority of around $96 million it claims digi-dollar outfits haven't paid.
Over 100k Dutch have quit self-employment before stricter enforcement rules
(nltimes.nl)
Many people are quitting self-employment in anticipation of the enforcement of false self-employment rules by the Dutch Tax Authority.
Many people are quitting self-employment in anticipation of the enforcement of false self-employment rules by the Dutch Tax Authority.
Taxing unrealized gains has caused an entrepreneurial exodus in Norway
(paragraph.xyz)
Recently, my story as a Norwegian entrepreneur facing an unrealized gains wealth tax bill many times higher than my net income went viral, amassing over 100 million views on X. A few years ago I publicly called out that this tax is both impossible-to-pay and nonsensical, but no politician would listen. So I made the difficult decision to leave my home country.
Recently, my story as a Norwegian entrepreneur facing an unrealized gains wealth tax bill many times higher than my net income went viral, amassing over 100 million views on X. A few years ago I publicly called out that this tax is both impossible-to-pay and nonsensical, but no politician would listen. So I made the difficult decision to leave my home country.
The Hidden Tax Trap for SaaS Founders in Germany
(vincentschmalbach.com)
Something that should worry every indie hacker considering Germany as their base: Our tax system effectively penalizes software founders who bootstrap to exit. Unlike the US, UK, or Australia where founders benefit from favorable capital gains treatment, German founders face a crushing 50% tax burden on asset sales.
Something that should worry every indie hacker considering Germany as their base: Our tax system effectively penalizes software founders who bootstrap to exit. Unlike the US, UK, or Australia where founders benefit from favorable capital gains treatment, German founders face a crushing 50% tax burden on asset sales.
Norway's Wealth Tax Is Backfiring. Are Americans Paying Attention?
(thedailyeconomy.org)
“More than 30 Norwegian billionaires and multimillionaires left Norway in 2022, according to research by the newspaper Dagens Naeringsliv,” reports wealth correspondent Rupert Neate. “This was more than the total number of super-rich people who left the country during the previous 13 years, [the paper] added.”
“More than 30 Norwegian billionaires and multimillionaires left Norway in 2022, according to research by the newspaper Dagens Naeringsliv,” reports wealth correspondent Rupert Neate. “This was more than the total number of super-rich people who left the country during the previous 13 years, [the paper] added.”
How to Tax the Rich: Piketty
(lemonde.fr)
The tax debates currently underway in France and the discussions which took place at the 2024 G20 summit demonstrate that the issue of tax justice and the taxation of billionaires is not about to disappear from the public debate.
The tax debates currently underway in France and the discussions which took place at the 2024 G20 summit demonstrate that the issue of tax justice and the taxation of billionaires is not about to disappear from the public debate.
Of course we can tax billionaires
(pluralistic.net)
Billionaires are pretty confident that they can't be taxed – not just that they shouldn't be taxed, but rather, that it is technically impossible to tax the ultra-rich.
Billionaires are pretty confident that they can't be taxed – not just that they shouldn't be taxed, but rather, that it is technically impossible to tax the ultra-rich.
Labour considers up to £3B tax raid on gambling firms
(theguardian.com)
Ministers are considering a tax raid of up to £3bn on the gambling sector as Rachel Reeves casts around for funds to shore up the public finances.
Ministers are considering a tax raid of up to £3bn on the gambling sector as Rachel Reeves casts around for funds to shore up the public finances.
EU top court confirms Apple's €13 billion tax bill in the EU
(dw.com)
The European Court of Justice (ECJ) ruled on Tuesday that Google had violated antitrust laws and that Apple needed to pay the European Union €13 billion ($14.3 billion) in back taxes.
The European Court of Justice (ECJ) ruled on Tuesday that Google had violated antitrust laws and that Apple needed to pay the European Union €13 billion ($14.3 billion) in back taxes.
Apple told to pay back €13B in tax by EU
(bbc.com)
Apple has been ordered to pay Ireland €13bn (£11bn; $14bn) in unpaid taxes by Europe's top court, putting an end to an eight-year row.
Apple has been ordered to pay Ireland €13bn (£11bn; $14bn) in unpaid taxes by Europe's top court, putting an end to an eight-year row.