Search Results for: digital tax
Digital currency, the Airbnb and Uber killer
May 15th, 2017
Ride-sharing app Uber experienced a setback on Thursday (11 May), as a top EU lawyer of the European Court of Justice (ECJ) stated in an opinion that the company can be regulated as a transport business, instead of an ...
Australia will recognize Bitcoin as money and protect Bitcoin businesses, No Taxes
May 12th, 2017
Bitcoin will be treated as money in Australia by July 1, 2017, and will be exempt from goods and services tax (GST). Bitcoin traders and investors will not be taxed for purchasing and selling Bitcoin through regulated exchanges and ...
Australia’s Law to End Double Taxation of Bitcoin Stalled
April 8th, 2017
Last year, Australian Treasurer Scott Morrison promised to swiftly act on changing the goods and services tax (GST) law, in order to end the double taxation of bitcoin and other digital currencies. However, over fourteen months have passed without ...
PwC’s Takeover of ‘The World’s Best Tax Law Firm’
March 17th, 2017
In a move that illustrates how the professional services market is changing, about half of General Electric’s tax department — once described as as ‘the world’s best tax law firm’ — is moving to PwC in April. Under the deal, about ...
Tax Coalition formed to help developed effective tax policies for the virtual currency markets
March 10th, 2017
The Chamber of Digital Commerce and Steptoe & Johnson LLP today announce the formation of the Digital Assets Tax Policy Coalition, a Washington, DC-based coalition created to help develop effective and efficient tax policies for the growing virtual currency ...
How digital is your country? The performance of the European countries
March 6th, 2017
The 2017 Digital Economy and Society Index (DESI) shows that the EU is making progress but the gap between top digital players and lower-performing countries is still too wide. More efforts and investments are needed to make the most ...
International law firm appoints team from PwC and establishes international tax disputes practice
February 3rd, 2017
Bird & Bird has today launched an international tax disputes practice based in the UK, with the appointment of a team from PricewaterhouseCoopers (‘PwC’). Andy Brown and Julian Balson join as partners, along with Ben Holloway as Legal Director, ...
IBM gives Watson a new challenge: Your tax return
February 2nd, 2017
In its first steps toward commercialization, IBM’s Watson took on grand, science-laden challenges like helping doctors diagnose cancer. But that is changing as IBM strives to build its artificial intelligence technology into a multibillion-dollar business. Today, companies including Geico, ...
Vietnam considers giving digital currency a legal aspect
December 6th, 2016
Last week it was Russia. Now, Vietnam is reportedly joining the leagues of countries that will soon legalize virtual currencies like bitcoin. Vietnamese-language news outlet VnEconomy reported that the government and relevant ministries are working on a proposal for ...
EU announces new tax rules to support online trading booming market
December 5th, 2016
Statement by Vice-President Ansip at the press conference to announce new tax rules to support e-commerce and online businesses in the EU Online trading is a booming market, for buyers as well as sellers. Europe could be making so ...
