Search results for withholding tax
Crypto
Coinbase restarts rupee transfer service in India
Coinbase has launched direct rupee deposits and withdrawals in India. Users can move rupees between local bank accounts and Coinbase via the Immediate Payment Service (IMPS). They can also use spot trading, perpetual futures and advanced trade on one platform. The move aligns with Coinbase’s plan to expand again in India after halting UPI-based deposits in 2022. Coinbase registered with India’s FIU in March 2025, saying it gained a formal basis under AML rules.
Telecommunications & Media
Netflix wins South Korea corporate tax suit, 68.7 billion won of 76.2 billion won cancelled
Netflix\'s South Korean unit effectively won a corporate tax lawsuit against tax authorities after a court ruled payments to its Dutch unit were compensation for services rather than copyright royalties. The Seoul Administrative Court ordered the cancellation of 68.7 billion won of the 76.2 billion won assessed. The case stemmed from a 2021 tax audit. Netflix had sought full cancellation of the remaining assessed tax in a suit filed in November 2023.
AI & Enterprise
Douzone Bizon advances \'ONE AI tax law assistant\' ahead of income tax season
Douzone Bizon said on Tuesday it is accelerating upgrades to its \'ONE AI tax law assistant\' ahead of the comprehensive income tax filing season in May. The service is an intelligent agent that answers tax questions based on laws, court rulings and official interpretations, the company said. It added that the system can handle complex queries such as withholding receipt processing and deductions under revised tax rules, supported by a knowledge-graph search technology developed in-house.
