The high-tech software sector is a major revenue source for taxing authorities in the United States and around the world, but the taxability issues faced by vendors in this space can be particularly tricky. Just ten years ago, determining the taxability of software was very straight forward. Most software was delivered on a tangible medium […]
Legal requirements for invoicing are constantly changing in Argentina. While they are mandatory for some industries, others are still receiving future timelines from the Argentinean tax authority Administración Federal de Ingresos Públicos (AFIP). Today organizations need to consider solutions for Type E export invoices, as well as the regulations for domestic (Type A and Type […]
For the next installment on my series on: SAP Hybrid Cloud Proves Successful for Latin America E-Invoicing Compliance, I wanted to cover why you can’t rely solely on a pure managed service provider or 100% cloud provider for e-invoicing in Latin America. It is really important to understand there are 3 functional requirements to Latin […]
Retailers with business operations in the United States and around the world rely on Taxware’s products and services to ensure they are in compliance with the latest legal, regulatory, and policy changes. Our team of tax experts maintains the accuracy of millions of taxability rules (which include rates, product taxability, place of supply rules, rounding […]
In follow up to my first article: SAP Hybrid Cloud Proves Successful for Latin America E-Invoicing Compliance Part 1, I wanted to go into further detail on why the Hybrid Cloud model is taking over as the leading solution choice for compliance across Latin America. Therefore, I am creating a series of blogs over the next weeks:
Important note: Up until 2014, the requirement to utilize electronic invoicing for domestic invoices in Chile was voluntary. This meant that you could transition to electronic invoicing, but if you did, you had to do it in a certain way that was managed by the government. However, you were not forced to do e-invoicing by […]
There is a strong public policy interest in promoting good health with many states applying sales tax exemptions or reduced rates on medical devices in order to support this policy. At the same time, states are looking to bolster their tax revenue and are sometimes inclined to interpret their medical-related sales tax rules strictly. While […]
Over the last 5 weeks, we have explored the top 5 reasons why companies are switching off on-premise software solutions to cloud providers, more specifically hybrid cloud. Here is a quick recap of the key take-away elements as well as a review of why the selection of the best solution is imperative.
Philips Selects Invoiceware’s SAP Hybrid Cloud for Brazil Nota Fiscal SaaS-based solution replaces legacy on-premise Nota Fiscal software reducing annual maintenance costs by 80% while increasing productivity within the electronic invoicing operation by 25%
There is a lot of discussion around cloud versus on premise. And there are a lot of definitions for a new trend –“The Hybrid Cloud”. Some analysts will say that it is a Platform as a Service play – meaning that you can distribute processing over multiple data centers. However, my meaning in this series […]
2014 North Carolina Sales Tax Changes The new year has brought with it significant sales and use tax changes in North Carolina. Last summer Governor Pat McCrory signed into law a comprehensive tax reform package that was passed by the North Carolina General Assembly. The reforms lowered the state income tax while also subjecting a […]
Dead people in Ohio get a tax break because applying makeup in a mortuary is tax-free, while applying makeup in a beauty salon is subject to sales tax. In Kentucky, stud fees for breeding a stallion to a mare is subject to sales tax. Taxes collected are distributed into three funds administered by the […]
Top 5 Reasons Why Companies are Using Brazil version 3.1 to Transition off of on-premise solutions on to Hybrid Cloud and Managed Service Solutions
With the recent publication of Council Implementation Regulation No 1042/2013 in the Official Journal of the European Union, we are reminded that the 2015 place of supply change for electronically supplied services is rapidly approaching. This leads us to ask many pressing questions. How will the supply of electronically supplied services be sourced, come January […]