Sovos Joins Salesforce Partner Program to Drive Customer Success by Simplifying Sales Tax Compliance for Online Sellers with Salesforce Commerce Cloud

April 7, 2017, 8:30 am EDT in Enterprise Sales Tax, News, Press Releases

Sovos delivers certified, pre-built integration to help Commerce Cloud customers quickly expand their geographic and product footprints with enterprise class sales tax compliance tools.Sovos, a leading provider of software that helps global brands reduce the burden and risk of tax compliance, today announced that it has joined the Salesforce Partner...

Large Challenges await Financial Institutions: An Interview with Corinna Hedtke, Standard Chartered Bank

Large Challenges Await Financial Institutions: An Interview with Corinna Hedtke, Standard Chartered Bank

April 5, 2017, 8:00 am EDT in AEOI Reporting, Blog

Financial institutions (FIs) will face major challenges when preparing for the Common Reporting Standard (CRS). Among the most significant of these will be compiling and organizing their data at the risk of failing to achieve compliance and suffering from damaged reputations.According to Corinna Hedtke, Senior Manager for Client Tax...

IT server room

4 Trends Impacting IT Teams’ Ability to Support Sales and Use Tax Compliance

April 3, 2017, 5:50 pm EDT in Blog, Enterprise Sales Tax

This summary of our Sovos Tax Tuesday webinar addresses the challenges that IT managers face, and solutions to managing sales and use tax compliance.On March 28, I was joined by Chuck Maniace and Mark Christenson to present a webinar on challenges to IT managers in supporting sales and use tax...

SHRM Webinar Handling ACA Replacements and Corrections

Webinar Q&A: Handling ACA Replacements & Corrections

March 30, 2017, 9:00 am EDT in Affordable Care Act, Blog

Sovos recently partnered with the Society for Human Resource Management (SHRM) to host an informative webinar detailing Affordable Care Act replacements and corrections. The webinar was a success for everyone involved and we received a number of important and thought-provoking questions.Two of our tax gurus, John Kreger and Gerry...

VAT country by country news summary for December 2016

VAT country news summary for February 2017

March 30, 2017, 2:00 am EDT in Blog, Value-Added Tax

Bulgaria, Lithuania, Latvia and the VAT Gap On February 22, 2017 the European Commission published its annual reports on the economic and social situation in Member States, the European Semester Winter Package. The country reports for Bulgaria, Lithuania and Latvia all took note of VAT gaps well over the European average....

Congress considers options for the Affordable Care Act, ACA

ACA Regulatory Update: ACA Remains the Law of the Land for US Employers

March 29, 2017, 9:00 am EDT in Affordable Care Act, Blog

The Employer Mandate — along with all associated reporting obligations and penalties — will live on throughout Tax Year 2017, and likely beyond. This news emerged in the wake of the showdown between the recently introduced American Health Care Act and the incumbent Affordable Care Act.The short-lived AHCA legislation...

VAT Updates - European Union tax news overview of December 2016

VAT Update – European Union tax news summary of February 2017

March 29, 2017, 2:00 am EDT in Blog, Value-Added Tax

Recent VAT Decisions The Court of Justice of the European Union (CJEU) has recently published two decisions related to VAT:In Case C-592/15 (British Film Institute), published February 15, 2017, the CJEU held that Member States have discretion to determine the scope of an exemption for “certain cultural services and goods closely...