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Big Tech Compliance Tracker: Facebook Faces $6.06 Million Fine From South Korea; Big Tech Tax Becomes Due In France

PYMNTS

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from legislators and government agencies throughout the world. Big Tech Digital Service Levy Becomes Due in France. The ministry had decided that the tax would be collected beginning in December if discussions dragged on.

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Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies

KROST

This is one of the article in the KROST Quarterly Manufacturing Issue , titled “Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies” by Guest Contributor, Michael Maroney. These companies include pharmaceutical, clothing, technology, cosmetics, textile, and others. Source: 1 [link].

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Where the Republican Presidential Hopefuls Stand on Taxes, Other Economic Issues

CPA Practice

Since his win in 2016, Trump has moved the GOP toward his views on a tougher trade policy with China as they have embraced his accomplishments such as the 2017 tax cuts. Trump tax cuts Trump signed the 2017 tax cuts into law and frequently cites it on the 2024 campaign trail as one of his signature achievements.

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Friday Footnotes: EY Pulls Out of Winston-Salem; Clients Exposed in Data Breach; Deloitte Olympians | 7.14.23

Going Concern

Prior to joining DLA, John served as a Partner with two National professional services firms, where he was the subject matter expert on business combinations, impairment analysis, income tax accounting, stock compensation, revenue recognition, and going concern analysis.

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How to Make More Money With Artificial Intelligence

inDinero Accounting

For example, automating the accounting function puts AI to work on those repetitive, high-volume computations that used to eat up far too much of your bookkeeper’s energy and brainpower. Automation frees humanity. When reconciliation of journal entries is automated, the time to close the books decreases dramatically (5 to 6 days).

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The benefits of integrating Foreign-Trade Zones (FTZs) into your supply chain

ThomsonReuters

without immediately paying duties, taxes, and fees on them. Duties, taxes, and fees on goods warehoused in an FTZ are only due when the goods enter the US market for sale and are not paid if the goods are re-exported outside the US. The use of software automation is often helpful to meet these requirements. Customs territory.

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Motus Allows Mileage Reimbursements Via The Cloud

PYMNTS

Craig Powell, CEO and president of Boston-based Motus, said the cloud-based platform is used by employees in a variety of sectors, including pharmaceutical sales reps, traveling nurses and elevator inspectors. And with a fully automated process in place, your employees get valuable time back in their day to be more productive.