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Taxation of digital goods. Digital goods are software programs, music, videos or other electronic files that users download exclusively from the Internet. [ 1] Some digital goods are free, others are available for a fee. The taxation of digital goods and/or services, sometimes referred to as digital tax and/or a digital services tax, is gaining ...
The so-called "Pillar 1" arrangement, part of a 2021 global two-part tax deal, aims to replace unilateral digital services taxes (DSTs) on U.S. tech giants including Alphabet's Google, Amazon.com ...
Making Tax Digital ( MTD) is a UK government initiative that sets out a vision for the 'end of the tax return ' and a 'transformed tax system', announced in 2015 and originally intended to be in place by 2020. [ 1] HM Revenue and Customs (HMRC) states that the main goal of MTD is to make tax administration more effective, more efficient and ...
TurboTax. TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. [ 1] TurboTax was developed by Michael A. Chipman of Chipsoft in 1984 and was sold to Intuit in 1993. [ 2][ 3]
The U.S. Internal Revenue Service plans to allow taxpayers to submit all documents and correspondence to the agency digitally for the 2024 tax filing season and will convert all paper tax returns ...
The Organisation for Economic Cooperation and Development (OECD) published a multilateral treaty on Wednesday that would replace a hodge-podge of national digital services taxes if ratified by ...
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