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80 Pirate IPTV Sellers Face $3.5m Bill After Failing to Charge Customers VAT

TorrentFreak

Skatteverket Investigates The Swedish Tax Agency (Skatteverket) is responsible for collecting personal income tax from citizens, and from companies via corporate tax, VAT, and excise tax. “To identify sellers, the Swedish Tax Agency has made test purchases and also searched for sellers on the internet.

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The Impact of Corporate taxation on foreign direct investment

IP and Legal Filings

INTRODUCTION As per Gordon and Hines (2002), it is evident that tax policies can influence both the quantity and the geographical choices of foreign direct investment (FDI) because elevated tax rates diminish post-tax returns, consequently diminishing motivations to allocate investment capital.

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How much money is laundered in Colombia?

Olartemoure Blog

As part of the National Anti-Money Laundering Day on October 30th, the National Tax and Customs Authority (DIAN) and the Information and Financial Analysis Unit (UIAF) informed that proceeds from money laundering worth approximately USD 1.5 billion were seized by Colombian authorities in 2022.

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The Impact of Goods and Services Tax (GST), on Online Gaming and Horse Racing Taxation; Navigating through Turbulent Waters

IP and Legal Filings

Introduction The GST Council in the meeting conducted earlier this year, announced a raise in the taxation of Online Gaming and Horse racing from 18 percent tax slab to 28 percent tax on the “ face value”. Post amendment, its now being added in the third schedule impacting the tax amount yield.

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The Subway Famous American Fast Food Restaurant Writ Petition – Is taxation on Intellectual Property Rights Valid?

IP and Legal Filings

Subway, the famous American fast food restaurant, has recently taken the indirect tax department to court, alleging that it was forced to pay differential Goods and Services Tax (GST) on services without issuance of any such notice. The Income Tax Act of 1961 established the definition of royalty.

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Authorities Secure $2 Billion in Bitcoin from Pirate Site Operators

TorrentFreak

This ‘seizure’ was one of the largest of its kind but the authorities estimated that the operators had more bitcoin stashed away, much more. Never before has this much bitcoin been secured by German authorities; it’s also one of the largest crypto hauls worldwide.

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“The Reasonable Robot” tackles AI’s impact on the economy, intellectual property rights, and more

IPilogue

To illustrate, consider how the law taxes activity by a person and a machine differently. The FDA authorized an autonomous AI system that provides point of care assessment for certain eye diseases. However, if the hospital or medical group can use the AI system instead of the human doctor, it does not have to pay any payroll taxes.