[ad_1] From today begins the disbursement of the eighth payment of the Solidarity Income, the economic aid program that the national government grants to people with limited resources that already adds 2,616,744 beneficiaries since the August cut. In this sense, Movii, the virtual wallet, has announced the search for 6,303 …
Read More »Day without VAT: November 21 would be the third day in Colombia – Sectors – Economy
[ad_1] The government plans to hold the last day of day without VAT next Saturday, November 21, as confirmed by Portafolio. (It may interest you: the keys why covid-19 affects the Latin American economy the most). The announcement is in line with what was proposed last Friday by President Iván …
Read More »Blockchain an economically advantageous solution for the implementation of VAT in GCC
[ad_2][ad_1] Blockchain, the revolutionary technology that has gained increasing popularity in recent years, can be of great help in the implementation and management of VAT, according to an expert. While VAT should increase revenue for the government, tax collection challenges include issues related to companies that might try to avoid …
Read More »The safest tool for Blockchain for the management of VAT in Bahrain
[ad_2][ad_1] The introduction of value added tax (VAT) in Bahrain next year is an excellent opportunity to build a unique and optimized tax system and blockchain technology will be a safe and effective tool for its management , an IT industry expert said. Blockchain accelerates government access to tax revenues …
Read More »The safest tool for Blockchain for the management of VAT in Bahrain
[ad_2][ad_1] The introduction of value added tax (VAT) in Bahrain next year is an excellent opportunity to build a unique and optimized tax system and blockchain technology will be a safe and effective tool for its management , an IT industry expert said. Blockchain accelerates government access to tax revenues …
Read More »Department of Revenue of Thailand to track VAT payments using Blockchain – Coindoo
[ad_1] The payment of value added tax (VAT) is one of the main ways by which the government of any country is able to meet its needs. The government of Thailand, just like most governments around the world, is facing some serious problems when the payment of value added tax …
Read More »Department of Revenue of Thailand to track VAT payments using Blockchain
[ad_2][ad_1] In 2014, the Thailand Department of Revenue had arrested many people and investigated about 60 companies for defrauding the $ 18.29 million baht department in value added tax (VAT). Since then and earlier, the department has not been able to track down most of these defaulters, losing billions of …
Read More »Blockchain is tested to track VAT payments
[ad_2][ad_1] The main reason that the Inland Revenue is interested in implementing the blockchain for VAT payments is to eliminate fraud in the system. (Photo of Bangkok Post) The revenue department is testing the blockchain to track value-added tax (VAT) payments in its innovation lab, putting Thailand on the path …
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