#tax-enforcement

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Cannabis
fromLos Angeles Times
1 week ago

L.A. cannabis businesses owe $400 million. The city may get only $30 million

Los Angeles cannabis businesses owe $400 million in back taxes and fees, but an amnesty program would allow them to pay taxes over three years while forgiving late fees and interest, resulting in only $30 million collected by the city.
Cryptocurrency
fromTheregister
1 week ago

South Korea's tax office apologizes for password leak

South Korea's National Tax Service accidentally exposed cryptocurrency wallet credentials in public photos, leading to the theft of $4.8 million in digital assets within hours.
Cryptocurrency
fromDataBreaches.Net
1 week ago

South Korean Police Lose Seized Crypto By Posting Password Online - DataBreaches.Net

South Korea's tax authority lost millions in seized cryptocurrency after publicly releasing photos of hardware wallets containing visible seed phrases, enabling unauthorized access.
Miscellaneous
fromIndependent
3 weeks ago

'A lot of content creators stick their head in the sand about tax issues but it's really not that scary'

Social media influencers should address tax compliance promptly to avoid complications, as many are unaware of obligations and authorities have issued reminder letters.
Business
fromBusiness Matters
1 month ago

New wave of 'zombie' companies faces collapse as financial distress surges

Tens of thousands of "zombie" businesses risk collapse in 2026 due to mounting costs, weak demand, and potential HMRC enforcement of £27 billion in overdue taxes.
fromBusiness Matters
5 months ago

HMRC handed 'draconian' new powers to raid bank accounts and Isas of tax dodgers

HM Revenue & Customs has relaunched a controversial scheme giving it the power to take money directly from people's bank accounts - including cash Isas - if they repeatedly fail to pay their tax bills. Under the Direct Recovery of Debts (DRD) programme, banks and building societies will be forced to hand over cash owed to the taxman from anyone with debts of at least £1,000. Taxpayers will be allowed to keep a minimum balance of £5,000 to cover essentials,
UK politics
San Francisco
fromMission Local
6 months ago

Gambling raid at Mission and 16th

San Francisco police and state tax agents raided two Mission Street storefronts and removed more than a dozen suspected gambling machines and other seized items.
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