As CEO, Kevin Akeroyd sets the strategy and tone of the company. Kevin can best be described as a leader who embraces transformation and innovation and understands the role that data and analytics play in driving company growth. He is a big thinker who encourages big ideas from his teams
Why is it that direct-to-consumer (DtC) shipping of wine is available nearly nationwide, but is only available in a dozen or so states for beer and even fewer for spirits? This is the question that underscored a recent panel I participated in alongside Steve Gross, VP of state relations for
Colorado recently enacted SB 25 which revises separate statutes governing local sales and use tax administration by the state into a single statute. Among the unification adjustments, the legislation requires local governments which make changes to their sales and use taxes to provide the Colorado Department of Revenue (DOR) written
The Saudi Arabian Tax and Customs Authority, ZATCA, announced the eleventh wave of Phase 2 of e-invoicing. The eleventh wave covers taxpayers with at least SAR 15 million (app. USD 4 million) revenue subject to VAT for 2022 or 2023. Taxpayers within this group are expected to integrate as of 1 November 2024. Phase 2 of
The Estonian Ministry of Finance has proposed amendments to the Accounting Act, planned to become effective on January 1, 2025, pending approval by the Parliament. This amendment seeks to encourage usage of e-invoicing across Estonia by adopting a uniform European e-invoicing standard, thereby facilitating the streamlined exchange of e-invoices. Starting
More accuracy and security in fraud detection. To protect our customers and the digital community in general, our team of experts “Shiba Inu” has developed an image segmentation model that is making a difference by providing greater accuracy while reducing fraud detection time. These important advances will be presented to
In Austria, the insurance premium tax law regulates the indirect tax that applies to elements of coverage under a motor insurance policy. This blog details everything you need to know about this particular indirect tax in the country. As with our dedicated overviews of the taxation of motor insurance policies
What used to be billing and archiving matters only concerning finance departments are now affecting operational and IT departments as well, due to the e-Invoice obligations determined by the Revenue Administration. In the face of these complex e-Transformation processes, cloud technology emerges as a multidisciplinary solution. By transitioning your company’s
Don’t miss our last Water Cooler Wednesday of the season! On this 30-minute webinar, we’ll discuss statutory reporting changes applicable for upcoming 2024 and 2025 due dates and introduce you to action items currently being contemplated by the NAIC.
Unlock the secrets to fruitful global trade in our latest webinar; our consulting expert Luca Clivati will provide valuable insights and guidance to help businesses maximise operational and financial efficiency when trading globally.
Pursuant to the Council of Ministers Decree ΚΔΠ 138/2024, the temporary zero VAT rate that applies to basic food and consumer items such as bread, milk, eggs, baby foods, coffee, sugar, baby and adult diapers, female hygiene products, and certain meats and vegetables is extended until June 30, 2024. This
Pursuant to Laos Presidential Decree No. 003/PS signed on March 19, 2024, the standard VAT rate in Laos is increased from 7% to 10%. This Decree was published in the Lao Official Gazette on March 26, 2024. The Decree, as published in the Official Gazette, can be found here (in
Comprehensive software suite provides customizable, always-on solutions for tax determination, e-invoicing and filing (ATLANTA – April 30, 2024) Sovos, the always-on compliance company, introduces its Indirect Tax Suite, a comprehensive, integrated solution to modernize how companies meet global indirect tax obligations. Part of the Sovos Compliance Cloud, the Indirect Tax
Greece VAT Compliance: An Overview for Businesses Meeting your VAT compliance obligations in Greece is a multi-faceted task. This is especially true when you consider compliance is often comprised of multiple mandates, all of which are liable to continued change. From e-invoicing to myDATA, staying on top of all the
Sovos Indirect Tax Suite The only complete, global tax technology solution for VAT and SUT determination, e-invoicing, and filing. Learn more Powering more than 11 billion compliant indirect tax transactions, across 19,000 global tax jurisdictions each year Get Always-On Tax Compliance. Everywhere You Do Business. Part of the Sovos Compliance
The IRS recently released a draft version of the long and highly anticipated Form 1099-DA, Digital Asset Proceeds From Broker Transactions. The form will be used for reporting proceeds from (and in some cases, basis for) digital asset dispositions to the IRS and recipients. The form treats digital assets such
On January 1, 2024, Oregon law began requiring reporting of newly hired or reengaged independent contractors. From January to March 2024, the Oregon Child Support Program rolled out a ‘Soft Launch’ of the reporting requirements. In April 2024, the Oregon Child Support Program ended the soft launch and officially began requiring employers and payers
The IRS recently updated the Instructions for Form 1098-Q. The updated instructions include a note to use them with the December 2019 revision of the form. There have been several significant updates. First, the dollar limitation on premiums increased to $200,000 and is no longer limited to 25% of the