Tax refunds articles
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Canada's Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike – Taxes Bitcoin News
Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies. Concurrently, Prime Minister Justin Trudeau is proposing an increase in capital gains taxes from 50% to 66% for any […]
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County Tax Foreclosure Proceedings, Tax Auction Postponed
Chautauqua County officials have announced tax foreclosure proceedings and the upcoming tax auction have been postponed until further notice. Officials said recent retroactive changes to tax foreclosure laws implemented by New York State are prompting a thorough review of existing legislation and necessitated adjustments to internal policies within the county government. As a result, property […]
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Flipback Tax: Razorpay restructures to cut levy; Groww pegs tax outgo at $70 million
Local startups domiciled abroad are moving swiftly to execute their plan to shift their registered entities to India. Razorpay, the $7.5 billion digital payments firm with its registered office in the US, is the latest among them, and has initiated a restructuring exercise whereby its half-a-dozen India units are being brought under a single local holding company, sources aware of the matter said.All the India units will roll into Razporpay Software India, the sources said. This will also lead...