Digital Taxation around the World

Digital Taxation around the World

Digital Taxation around the World | Tax Foundation Skip to content taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. policies, a significant number of countries adopted unilateral tax measures targeted at digital businesses, … Read more

Some H&R Block customers faced hours of outages on Tax Day | CNN Business

Some H&R Block customers faced hours of outages on Tax Day | CNN Business

– Some H&R Block customers faced frustrating outages when trying to file their taxes on the last day
– The outage was resolved by Monday afternoon
– The IRS deadline to file for 2023 was Monday at 11:59 pm
– The bad gateway error affected some desktop software users
– Customers were advised to either file again or print, file, and mail the form to the IRS
– Some customers were charged multiple times when attempting to file their taxes
– Customers who encounter tech glitches can avoid penalties by mailing in their payment by the deadline
– Taxpayers in Maine and Massachusetts have until April 17 to file their taxes

Tech news: Bloomberg launches corporate tax suite

Tech news: Bloomberg launches corporate tax suite

– Neel Lee Chauhan was appointed chief product officer of IRIS Software Group.
– Christina Mautz joined Valid8 Financial as executive vice president for marketing.
– Brett Suchor took on an expanded role as executive vice president for strategic partnerships at Valid8 Financial.
– Dr. Max Bernt joined TaxBit as the managing director of Europe.
– Zach Nelson and Nancy Harris joined the board of directors at Acumatica.

Medicine , ‘worth millions’ destroyed in flood

Medicine , ‘worth millions’ destroyed in flood

Large quantities of medication, potentially worth millions of euros, were destroyed in a Health Ministry storage facility in Nicosia due to flooding caused by extreme rainfall and hailstorm. The incident occurred on Green Monday, March 18, prompting the removal of thousands more packages to prevent further damage. The health ministry is assessing the extent of the damages, with concerns over possible shortages for patients. Health Minister Michalis Damianou denied any attempt to conceal the incident and attributed it to unpredictable weather, describing it as an “act of God.” An ad hoc committee of pharmacologists has been established to address the damages and take inventory of the affected medicines. The incident is reminiscent of a previous flooding at the Finance Ministry’s basement that knocked out government servers and websites for several days.