States continue to enforce unclaimed property (UP) compliance. UP is broadly defined as any property held by companies in which the owner is lost and/or there has been no customer-generated activity for a statutorily mandated period of time, known as the dormancy period. Research conducted by Sovos found that there is nearly $77 billion in […]
While beer brand labels are a great way to set your product apart with clever marketing and design, there are rules brewers must follow while designing them. Beer labels, whether on a bottle, can or keg, have lots of information that is highly regulated, both at the federal level and by individual states. We’ve compiled […]
Part IV of V – Ryan Ostilly, vice president of product and GTM strategy EMEA & APAC, Sovos Click here to read part III of the series. Government-mandated e-invoicing laws are making their way across nearly every region of the globe, bringing more stringent mandates and expectations on businesses. Inserted into every aspect of your […]
Part V of V – Christiaan Van Der Valk, vice president, strategy and regulatory, Sovos Click here to read part IV of the series. Government-mandated e-invoicing laws are making their way across nearly every region of the globe, bringing more stringent mandates and expectations on businesses. Inserted into every aspect of your operation, governments are […]
Part III of V – Eric Lefebvre, chief technology officer, Sovos Click here to read part II of the series. Government-mandated e-invoicing laws are making their way across nearly every region of the globe, bringing more stringent mandates and expectations on businesses. Inserted into every aspect of your operation, governments are now an omni-present influence […]
Part II of V – Oscar Caicedo, Vice president of product management for VAT Americas, Sovos Click here to read part I of the series. Government-mandated e-invoicing laws are making their way across nearly every region of the globe, bringing more stringent mandates and expectations on businesses. Inserted into every aspect of your operation, governments […]
Part I of V – Steve Sprague, chief commercial officer, Sovos Government-mandated e-invoicing laws are making their way across nearly every region of the globe, bringing more stringent mandates and expectations on businesses. Inserted into every aspect of your operation, governments are now an omni-present influence in your data stack reviewing every transaction in real […]
Wine has strong quarter, with 28% increase from Q2 and 8% year-over-year increase in registrations The temperatures may be starting to dip with the outset of autumn, but beverage alcohol new product registrations are seeing increases across spirits, wine and beer. Similar to this time last year, wine new product registrations had a strong showing. […]
On October 20, the Washington Department of Revenue hosted a public “listening session” to garner taxpayer feedback on the Interim Statement it published regarding the tax treatment of Non Fungible Tokens (NFTs), dated July 1, 2022. As written here, Washington is one of a small handful of states that has overtly addressed the sales tax […]
The Louisiana Office of Alcohol and Tobacco Control (ATC) recently adopted new regulations governing the use of fulfillment houses by licensed direct-to-consumer (DtC) shippers of wine. Fulfillment houses have become a central, and invaluable, part of the DtC wine shipping market by offering wineries with critical storage and logistical services. They provide climate-controlled warehouses to […]
By Brandon Harvie, Product Marketing Coordinator at WineDirect Just as the direct-to-consumer(DtC) wine industry is constantly evolving, so should the marketing strategies for your winery. Whether you are a small, family-owned winery or a massive multiple-brand enterprise, every winery needs to review how they are highlighting their business. Marketing can be an exciting part of […]
In a development that should be a surprise to almost no one, a state district court judge invalidated Maryland’s digital advertising tax, which was slated to apply as of January 1, 2022, with the first filing and remittance due on December 31, 2022. By way of recap, in 2021, Maryland passed legislation applying a special […]
Regulatory change and evolving technology continue to fuel modern tax. Businesses need to map out near- and long-term strategies that keep pace with the digital transformation of tax. But working with the right team is essential to organizational success. That’s where the Sovos Customer Success team comes into play. Sovos knows that being able to […]
One of the most important assets that a successful beverage alcohol producer has is their brand. A clear, readily identifiable brand is critical for bringing consumers in and making sure they will become repeat purchasers. But as the number of producers has exploded over the last few decades, the likelihood of consumer confusion around a […]
All alcohol is divided into three parts—beer, wine and spirits. At least, those are the primary product types of beverage alcohol recognized by popular perception and defined by state and federal statutes. Determining what is in a bottle (or can or keg or firkin) is vital for anyone who manufactures, distributes or sells the product, […]
Managing beverage alcohol compliance and tax in a rapidly evolving regulatory environment takes expertise and a relentless attention to detail. Odds are, you didn’t get into the industry to spend countless hours each week pouring over mandate changes, tax laws and regulatory updates. Partnering with a compliance software company is an easy way to mitigate […]
In another blow to proponents of expanded direct-to-consumer (DtC) shipping of wine, a court in the Southern District of Ohio earlier this week ruled in favor of the state, rejecting plaintiff’s claims that Ohio’s DtC shipping laws for retailers were discriminatory and harmful to consumers. What happened in this case? The case, Block v. Capera […]
Among the numerous rules and regulations that suppliers of beverage alcohol have to deal with, those governing the advertising and marketing of their products may not always be top of mind. However, both federal and various state regulators have signaled their intent to ramp up policing of this area of alcohol regulation, particularly when it […]