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On October 8, 2018, Facebook, Inc. announced the sale and shipment of the 10.1-inch (25.7 cm) Portal and the 15.6-inch (39.6 cm) Portal Plus. [9] [10] The second generation of Portal devices was announced on September 18, 2019; the second-generation Portal and Portal Mini were released on October 15, while Portal TV was released on November 5.
The U.S. Tax Cuts and Jobs Act of 2017 changed Facebook's global tax calculations. Meta Platforms Ireland is subject to the U.S. GILTI tax of 10.5% on global intangible profits (i.e. Irish profits). On the basis that Meta Platforms Ireland Limited is paying some tax, the effective minimum US tax for Facebook Ireland will be circa 11%.
The fisalization system in Italy is a hardware-based-fiscal device that is used. We can use 2 fiscal devices: an RT printer and an RT server. One of the major fiscalization requirements of the Italian fiscalization is sending fiscal data to the Tax Authority from daily sales, and it is done at the end of the day.
Streamlined Sales Tax Project States' project to design, test and implement a sales and use tax system that radically simplifies sales and use taxes. Electronic Commerce: Taxation and Planning Archived 2008-05-15 at the Wayback Machine This is a treatise written by David Hardesty, and published by Warren Gorham & Lamont, which covers all ...
Sales taxes, including those imposed by local governments, are generally administered at the state level. States imposing sales tax either impose the tax on retail sellers, such as with Transaction Privilege Tax in Arizona, [3] or impose it on retail buyers and require sellers to collect it. In either case, the seller files returns and remits ...
In the meantime, several countries led first by the European Union have begun to propose and implement digital services taxes (DSTs) which have a number of aims: [3] to raise tax revenues; to put pressure on other countries – in particular the United States – to reach an agreement; [9] and, arguably, [10] to create a level playing field until the OECD/G20 framework reaches an agreement or ...
The Facebook Platform provides a set of APIs and tools which enable third-party developers to integrate with the "open graph", whether through applications on Facebook.com or external websites and devices. Launched on May 24, 2007, Facebook Platform has evolved from enabling development just on Facebook.com to one also supporting integration ...
The landmark case that has been used to determine active trade or business requirement is Estate of Lockwood v. Commissioner, 350 F.2d 712. Other relevant sources are Revenue Ruling 2003-38, which entails whether an expansion of a corporation's business constitutes a new or continuing business under Reg. 1.355-3(b)(3)(ii).