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Instructions for completing the Form R-1029, Sales Tax Return, are available on LDR’s website at. to review Revenue Information Bulletin 21-028 on this topic. Revenue Sales and Use Tax” under Filter by Authority.įor more information about the additional reporting and electronic filing and payment requirements for consolidated filers, please visit the Louisiana Department of Revenue’s website at Visit and select “Filing Questions” under Filter by Category and “Authority LA Dept of For general information on the filing of consolidated sales tax returns, please This listing is required to provide accurate fund distribution and tracking. Sales and use tax on the consolidated return. Contact us at 877.693.4435 if you need assistance.Ĭhanges to State Sales Tax Filing and Payment for Consolidated Filersīeginning with the December 2021 tax period, those taxpayers approved by Louisiana Department of Revenue to file consolidated state sales tax returns will be required to file and submit payment electronically.Īlso, beginning with the December 2021 tax period, the state sales tax return for consolidated filers will include Form R-1029B, Schedule B, requiring an itemization of all business locations reporting
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Skybridge Founder Advises How to Survive Crypto Bear Market - ‘We Are in a Bloodbath’Ĭrypto Lending Company Blockfi Cuts Staff by 20% In the same line, Enrique Arriaga, the Island Council of Tenerife’s vice president, expects that inquiries on the alleged irregularities with ITER could be clarified soon and the role of the BTC investments in the alleged wrongdoings. I do not think it is appropriate for a Cabildo of the island to manage it. (…) I believe that it is a currency that is not accountable to the treasury.
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This is part of a series of problems that we have been encountering. That’s not one of the biggest problems: bitcoins.
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I was surprised by the possibility that we could have a bitcoin bank at ITER, a kind of possibility to have a warehouse. With such findings, the president believed it was not ethical that public entities are dealing with cryptocurrencies. In detail, according to El Economista, the Island Council of Tenerife’s president considers it an “opaque” currency that cannot be declared in the tax filings.Īlthough the president did not disclose the exact number of bitcoins ( BTC) acquired by the council, it was reported that the liquidation could yield almost one million euros ($1.17 million), which could be around 20 BTC.ĭuring an interview with a local radio of the Canarias Islands, Martin said the council realized an audit of the 70 public companies related to the local government. Martín, from the Spanish Socialist Worker’s Party (PSOE), issued the order of dismantling the investment made through the Technological Institute of Renewable Energies (ITER) in a previous administration, citing “ethical” reasons. Bitcoin Is an ‘Opaque’ Currency, Martín Says
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At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. Bitcoin is not liked by everyone from the Island Council of Tenerife, Spain.
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