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Posted May 17, 2019 by Sovos
Software survey: Sales tax in 2019

Accounting Today quotes Sovos VP of Regulatory Analysis & Design Charles Maniace on the challenges of sales and use tax compliance in 2019.

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Posted May 17, 2019 by Sovos
Competitive Landscape: E-Invoicing, Worldwide

Gartner names Sovos in its competitive landscape of top e-invoicing compliance technology providers from around the world.

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Posted May 17, 2019 by Sovos
Amazon planning a deeper dive into alcohol sales? A D.C.-area job posting suggests so.

ShipCompliant by Sovos General Manager Larry Cormier reveals what halted alcohol sales on Amazon in a recent article by the Washington Business Journal.

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Posted May 17, 2019 by Sovos
Procure-To-Pay’s Tax Conundrum

PYMNTS recent article gets Sovos VP of Strategy Christiaan Van Der Valk’s take on one of the largest challenges for procurement chiefs today.

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Posted May 17, 2019 by Sovos
From Watch to Know in 2019: How Sovos Enhances Businesses’ Global Tax Compliance Efforts

In his Q&A with Spend Matters, Sovos VP of Strategy Christiaan Van Der Valk discusses how Sovos brings innovation to procurement organizations and is changing the way business is done for the better.

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Posted May 16, 2019 by Sovos
Is Anyone Actually Gonna Pay Taxes on Crypto this Year?

An article by Finance Magnates on the state of tax and cryptocurrency quotes Sovos Strategic Market Director Mike Atwood.

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Posted May 16, 2019 by Sovos
Why New Jersey Doesn’t Let You Buy the Wine You Want

Recent Bloomberg article on out-of-state wine shipping quotes the ShipCompliant DtC Report. 

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Posted May 8, 2019 by Sovos
Paxos Chooses Sovos for High-Volume Tax Reporting

Crypto-asset platforms and exchanges move to solve tax challenges ahead of IRS regulation BOSTON (PRWEB) MAY 08, 2019 Global tax software leader Sovos today announced that Paxos, America’s first regulated crypto-asset platform, has chosen Sovos for its tax information reporting needs. Sovos’ Tax Information Reporting Solution will automate Paxos’ 1099-B forms and filings, eliminating errors and delivering automatic regulatory updates in […]

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Posted April 2, 2019 by Alex Forbes
Sovos Extends Global Indirect Tax Solution to Simplify P2P Challenges

Embedded e-invoicing compliance, e-archiving and global tax determination will make procure-to-pay (P2P) platforms one-stop shop for the digital future of tax April 2, 2019 – AUSTIN – SAP Ariba Live – Global tax software leader Sovos today announced it has extended its embedded tax compliance solution for cloud-based procurement platform users. For more than a […]

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Posted March 29, 2019 by Sovos
Sovos Expert Addresses Tax in the Digital Economy in Latin American Advisor Newsletter

Christiaan Van Der Valk’s insights in The Dialogue’s Latin American Advisor newsletter on issues driving the debate over taxation in the digital economy are featured in a Q&A that starts on page 1. The Sovos vice president of strategy’s comments are on page 3. 

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Posted March 28, 2019 by Sovos
In the News: Sovos Expert Talks Brexit with Bloomberg Tax

In his recent piece for Bloomberg Tax, Jeff Gambold, Senior Regulatory Specialist at Sovos, shares his thoughts and some guidance for businesses in the event of a No-Deal Brexit. Read the article here: https://bit.ly/2OtFJSu

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Posted March 12, 2019 by Sovos
New Sovos Tax Information Reporting Solution Solves Escalating Tax Challenges for Accounts Payable Leaders

Already regarded as the best 1099 reporting tool on the market, the recently upgraded Sovos Tax Information Reporting signed 150 new corporate and financial institution clients in just three months Sovos’ new TIR solution is the only product able to perform real-time taxpayer identification number (TIN) checks and offers a simplified data import, consolidating information […]

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Posted March 8, 2019 by Sovos
INSIGHT: How are Governments Tackling the Great VAT Gap?

In this piece for BloombergTax, Christiaan Van Der Valk, VP of Strategy at Sovos, examines the global VAT gap, through which governments lose billions every year. With such high levels of loss, how can governments confront the problem? Latin America offers lessons. Read more

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Posted February 19, 2019 by Sovos
Sovos Joins Wall Street Blockchain Alliance

Sovos has joined the Wall Street Blockchain Alliance, an industry leading non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology across global markets. Read the press release. 

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Posted February 5, 2019 by Sovos
Platforms: Where the real ‘Wayfair’ money is

This article from International Tax Review reporter Alexander Hartley cautions vendors to beware of getting caught between states and their sales tax collection, as online platforms like eBay and Amazon now represent big cash prizes — and a host of technical complications — in the wake of the South Dakota v. Wayfair Supreme Court decision. […]

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Posted February 5, 2019 by Sovos
Will clearance e-invoicing spread through the EU?

International Tax Review reporter Joe Stanley-Smith writes that governments around the EU are watching Italy to see if its new mandatory e-invoicing system (Sistema di Interscambio, or SDI) works, and whether it is effective in increasing the VAT intake.  Sovos’ Filippa Jörnstedt says, “My guess would be that the next country to introduce a clearance e-invoicing […]

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Posted January 31, 2019 by Sovos
Sovos es reconocido como el líder del mercado en el reporte “IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sales Tax and VAT Automation

El completo análisis destaca los principales beneficios del “sofisticado software de impuestos en la nube” de Sovos BOSTON, enero de 2019 Según el estudio recientemente publicado, Sovos es ideal para “las empresas que están en búsqueda de un sofisticado software tributario capaz de satisfacer las altas demandas regulatorias de impuestos y facturación electrónica a nivel […]

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Posted January 28, 2019 by Sovos
Sovos Named a Leader in “IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sales Tax and VAT Automation Applications”

Comprehensive assessment highlights key benefits of Sovos’ “sophisticated cloud tax software” BOSTON (PRWEB) January 28, 2019 Sovos, a leading global provider of tax software, today announced it is recognized as a Leader in the inaugural “IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sales Tax and VAT Automation Applications 2019 Vendor Assessment.” According to the newly released report, […]

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Posted January 23, 2019 by Sovos
Wine Shipments to Consumers Hit Record $3 Billion in 2018

2019 Direct-to-Consumer Wine Shipping Report highlights historic growth in prices, leading to 50% growth in value in three years (BOSTON) January 23, 2019 – Wineries shipped a record $3 billion worth of wine directly to consumers in 2018, according to the 2019 Direct-to-Consumer (DtC) Wine Shipping Report from Sovos and Wines Vines Analytics. The […]

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Posted January 23, 2019 by Sovos
Manufacturers Face New Sales Tax Obligations in an Increasingly Digitized Economy

A series of United States Supreme Court rulings over the past half-century limited manufacturers’ sales tax compliance obligations. The Court consistently dictated that states could not require businesses to collect and remit sales tax unless they had physical presences there—in other words, property owned or people based within state borders. But all this has changed […]

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