tax

Tesla, Nvidia-Led Market Rally Now Pressures Investment Funds To Offload Shares To Avoid US Tax Lawsuits – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

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Tesla, Nvidia-Led Market Rally Now Pressures Investment Funds To Offload Shares To Avoid US Tax Lawsuits – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Amid a tech-driven stock market surge, major U.S. investment funds are being compelled to sell shares to comply with tax regulations. This move is necessary to prevent breaching rules that mandate diversified portfolios. What Happened:… Article Source https://www.benzinga.com/markets/equities/24/10/41538660/tesla-nvidia-led-market-rally-now-pressures-investment-funds-to-offload-shares-to-avoid-us-tax-l

Democrats want DOJ to prosecute tax prep companies for privacy violations

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Democrats want DOJ to prosecute tax prep companies for privacy violations

A group of Democratic lawmakers are urging the Justice Department to prosecute tax prep companies accused of improperly sharing user information with Meta and Google through their advertising pixels. Sens. Elizabeth Warren (D-MA), Ron Wyden… Article Source https://www.theverge.com/2024/10/22/24275913/warren-tax-prep-companies-doj-prosecute-data-meta-google-tracking-pixel

Avalara and Oracle Expand Embedded Partnership to Support Global Tax Compliance

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Avalara and Oracle Expand Embedded Partnership to Support Global Tax Compliance

Avalara Global Turnkey Tax Activation is now fully embedded in Oracle Cloud ERP DURHAM, N.C., Sept. 11, 2024 /PRNewswire/ — Avalara, a leading provider of tax compliance automation software for businesses of all sizes and a member of Oracle… Article Source https://www.prnewswire.com/news-releases/avalara-and-oracle-expand-embedded-partnership-to-support-global-tax-compliance-302245779.html

H&R Block partners with Azure OpenAI Service to simplify tax season for American taxpayers | Microsoft Azure Blog

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H&R Block partners with Azure OpenAI Service to simplify tax season for American taxpayers | Microsoft Azure Blog

In 2023, the Azure OpenAI service has seen increased usage from AI-first startups like DeepBrain, Perplexity, and SymphonyAI, as well as from the world’s largest enterprises. This use of generative AI has led to innovations such as Microsoft Copilot and “Last Song” by The Beatles, benefiting people globally. Microsoft recently announced that they currently have … Read more

Google faces 1 billion euro tax claim from Italy – Reuters

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The Italian government has reportedly issued a claim against Google for 1 billion euros in unpaid taxes. This action is part of a larger effort by various countries to hold tech companies accountable for their tax obligations. Italy is taking a firm stance on this issue, demanding that Google pay its fair share in taxes … Read more