Sentences with phrase «taxation authority in your country»

The company that pays you your royalties will declare to the taxation authority in your country the amount it has paid you.

Not exact matches

As Indian authorities continue to be perfectly ambiguous over guidelines or regulations for cryptocurrency adopters and the industry respectively — bitcoin and cryptocurrencies are neither legal nor illegal, nor regulated in India — the country's official taxation department is perfectly clear on its foray to collect taxes from individuals in the country.

All in all, at a time when the Chinese government is pushing forward the development of the blockchain technology and industry, it's no doubt a bold effort for the taxation authorities, one of the most important departments in the country, to experiment with using blockchain technology in social tax collection and electronic invoice issuance.