Press Release: Sovos Compliance Recognized as 2016 Best Tax Information Reporting Firm

December 22, 2016, 8:00 am EST in News, Press Releases

Wealth & Finance International awards compliance software provider for helping businesses comply with complex and ever-evolving regulations.December 22, 2016, Wilmington, Massachusetts — Wealth & Finance International named Sovos Compliance as the 2016 Best Tax Information Reporting Firm (U.S.), recognizing the organization for its success in helping finance leaders around the...

Press Release: New Report Shows U.S. Businesses Spent More Than $4 Billion in Labor Costs on Affordable Care Act Compliance in 2016

December 5, 2016, 9:00 am EST in News, Press Releases

Research from Aberdeen Group and Sovos Compliance shows significant business challenges exist as a result of accuracy problems and continuous regulatory changes.December 5, 2016, Wilmington, Massachusetts — As the U.S. government considers changes to the Affordable Care Act, a new report from the Aberdeen Group shows U.S. businesses spent in...

Sovos Compliance Wins Tekne Award for Innovation

November 21, 2016, 9:00 am EST in News

November 21, 2016, Minnetonka, Minnesota — The Minnesota High Tech Association (MHTA) announced this week that Sovos Compliance is this year’s Tekne Award winner for innovation in the Established Software Companies category. The award recognized the Minnetonka-based company, which safeguards businesses from the burden and risk of tax and compliance,...

blog-vat-in-a-digital-age-event-wrap-up-saf-t-transparency-and-data-analysis-trends-in-vat-compliance blog image

VAT in a Digital Age Event Wrap-up: SAF-T, Transparency, and Data Analysis Trends in VAT Compliance

November 16, 2016, 4:11 pm EST in Blog, Value-Added Tax

Thank you to all who attended our third “VAT Compliance in a Digital Age” event on November 3 at the beautiful Sofitel - Legend the Grand in Amsterdam. The standing-room-only gathering included an interactive discussion focused on the digital developments around SAF-T reporting.Our guest speaker, Daniel Kroesen from Ernst &...

SAF-T Online Tax Reporting Forces Transparency

Standard Audit File for Tax (SAF-T): Online Tax Reporting Forces Transparency

September 15, 2016, 11:59 pm EST in Blog, Value-Added Tax

A number of countries have started implementing a process for submitting transaction data to taxing authorities. Standard Audit File for Tax (SAF-T) was initially agreed upon by the 38 member states of the Organisation for Economic Co-operation and Development (OECD) in 2005. On July 1, 2016, Poland was the first...