tax

HMRC has recovered almost £70m of unpaid tax from footballers, agents and clubs over the past year as part of a crackdown on tax avoidance schemes in the sport. This initiative has led to investigations being launched into 20…

Kenya Revenue Authority collections from profits, asset transfers and other business activities have remained in single digits for two consecutive years amid a raft of new and higher taxes. The Kenya Revenue Authority collected Sh488.10…

By David Shepardson YORK, Pennsylvania (Reuters) - Republican presidential candidate Donald Trump said on Monday that if elected he would consider ending the $7,500 tax credit for electric vehicles and would be open to appointing Tesla Inc…

The Kitui County government has failed to clear various tax claims from the Kenya Revenue Authority amounting to over Sh1 billion. The Tax Appeal Tribunal (TAT) has rejected an attempt by the provincial government to quash KRA's claims,…

dominance El Al Israel Airlines Ltd. (level:Ilal) in the skies over Israel, after many foreign airlines canceled flights to and from Israel over fears of an Iranian strike, resulting in a record net profit of $147 million…

Ukrainian financial investigators have charged a local blogger with evading $5 million in taxes through cryptocurrency transactions linked to online affiliate marketing. Ukraine’s Bureau of Economic Security has accused a prominent local…

The IRS, or Internal Revenue Service, revealed that New Draft Version of Tax Form 1099-DAwhich cryptocurrency brokers and investors use to report certain digital asset transactions from the upcoming tax period in 2025. The new…

The Internal Revenue Service has simplified reporting requirements in the latest version of Form 1099-DA, which cryptocurrency brokers and taxpayers will use to report digital asset transactions. According to August 9 to updateThe new…

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Image: milkroad.com In a significant development that has sent shockwaves through the cryptocurrency world, Binance, the world’s largest digital asset exchange, has been hit with a $86 million tax back order from…