Blog

Czech Republic

Anti-Fraud Measures in the Czech Republic: Conflict and Controversy

August 1, 2016, 9:32 am EST in Blog, Indirect Tax, Value-Added Tax

The principle of open borders between European Member States, leading to a single, united economy, is at the very heart of the European Single Market, including the Czech Republic, which is a member. But the lack of cross-border trade barriers has hidden drawbacks. Since its inception, the Single Market has...

VAT Compliance Updates

Recent VAT Compliance Updates: August 2016

July 25, 2016, 11:29 am EST in Blog, Value-Added Tax

Here at Sovos, we are committed to keeping current with VAT compliance updates from around the world. Check out these recent changes compiled by our dedicated expert research team. European Union European Commission Launches Consultation on Electronic PublicationsThe European Commission has asked interested parties to share their views on the VAT treatment of electronic...

Texas Capital

1099 Client Success Story: Texas Capital Bank

July 20, 2016, 10:38 am EST in Blog, Tax Information Reporting

Many organizations, like Texas Capital Bank, struggle with handling their tax reporting obligations. It is a necessary function that can easily be overlooked because revenue producing initiatives come first. However, failing to properly handle these requirements can end up costing you more, put you at risk for incurring large penalties,...

gulf coast VAT

Sovos Interviewed in Gulf News Journal About Gulf Coast VAT

July 18, 2016, 10:17 am EST in Blog, In the News, News, Value-Added Tax

On July 12, 2016, Gulf News Journal, an online news journal covering business and innovation in the Gulf Region, published an article highlighting how Sovos Compliance understands how implementing a value added tax (VAT) system in the member of states in the Gulf Cooperation Council (GCC) may affect businesses in the region...