The EU platform economy is estimated to generate a substantial €25.7 billion in VAT revenue annually. Given that the e-commerce sector contributes the majority of this revenue (€15.2 billion), it comes as no surprise that bolstering enforcement efforts and simplifying VAT regulations for this sector are central components of two…

Buying a second home is enticing, especially in the summer when you dream about spending every free moment in that vacation abode. However, as with any big life decision, there are some things you should take into consideration before you purchase your second home. Cost First and foremost, you’ll need…

Suppose that you sue (or threaten to sue) your landlord and are about to collect a settlement. But someone mentions taxes, so you want to confirm, you won’t pay taxes on this, right? Wrong. In fact, if you use a contingent fee lawyer like most tenants do, you might end…

The Federal Reserve on Wednesday held interest rates steady for the first time in 15 months, pausing its aggressive tightening campaign to assess how the economy is faring in the face of higher borrowing costs.  The widely expected and unanimous decision left interest rates at a range of 5% to…

The European Central Bank on Thursday announced it is taking its main rate up by 25 basis points to 3.5%, diverging from a U.S. Federal Reserve decision to pause its own hikes on Wednesday.The central bank has raised rates since July 2022 in an attempt to bring down record-high inflation…

Check out the companies making headlines in premarket trading.Target — The retailer gained 0.6% after announcing it would increase its dividend by 1.9%, or 2 cents, to $1.10 per share.Cognyte Software — Shares rose 5.6% in the premarket following the software company’s quarterly report. Cognyte posted a loss of 23…

Swedish consumers now have Beyoncé to blame for their bills, bills, bills. The chief economist at Danske Bank, the biggest bank in neighboring Denmark, said Wednesday that the singer’s decision to kick off her “Renaissance” world tour in Stockholm last month led to a surge in hotel and restaurant prices…

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Tether’s stablecoin USDT has lost its dollar peg after two major pools for stablecoin trading became heavily imbalanced.On-chain data shows traders have been exchanging millions of dollars worth of USDT for other popular stablecoins like USDC and DAI on Uniswap and Curve pools.On Thursday, USDT balances on Curve’s popular 3pool,…

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