Blog

The Empire Strikes Ahead – Recommended Changes to New York’s Alcohol Laws

On April 13th, Governor Andrew Cuomo of New York announced the final report of the Alcohol Beverage Control Law Working Group, which had been convened to review and recommend changes to New York’s existing Alcohol Beverage Control Law (ABCL). The final report (available here) notes fifteen areas of the ABCL where the Working Group found […]

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Colombia DIAN Launches Pilot Phase for Electronic Invoicing – Learn More

On April 18th 2016 the Colombia DIAN held a meeting in Bogota, Colombia to announce the start of its pilot phase for electronic invoicing. As the leader in Latin American electronic invoicing and fiscal reporting, Sovos attended this meeting to learn more about the pilot program. Listen to the webinar replay to get the latest details of the pilot and the key […]

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Free ACA Webinar: The All Important 1094 Transmittal

Does your ACA compliance application support the 100MB file split requirement? Does your application track the record IDs required for submitting corrected records? What version of the AIR schema does your application support? Do you have A2A integration with the AIR system? How does your system handle IRS xml error response files? What will you […]

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Four Essential Considerations Regarding Online Reporting

The issue of online reporting is an important one. State legislation varies widely on when and how to submit unclaimed property reports, and many states now require that holders use an online reporting system in order to remain compliant. As you consider your options, it is important that your online reporting system is reliable and secure. So what should […]

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Weekly Roundup | Beer Barrel Tax Proposal, 2016 DtC Wine Stats, and Winery Marketing Tips

Happy Monday, everyone! Hope you had a great weekend. Today’s roundup covers West Virginia’s barrel tax proposal, retail opportunities for brewery licensees under Oregon’s new law, and ShipCompliant’s 11th Annual DIRECT Conference Lineup. As always, if you read something I missed, let me know in the comments. Have a great week!

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Save the Date: Complimentary VAT Automation Event in London

We would like to invite you to a special VAT automation event, taking place on the 9th of June at the Brown’s Hotel in London, 1.30pm – 6.30pm. Are you part of the 80% of organisations that are still using manual labour for VAT compliance processes? Do you want to save valuable time, money, and […]

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Latest CDOT & CRS Updates

This week there is so much going on in the world of global information reporting that our expert compliance and research team has compiled a separate list devoted to CDOT and CRS updates. Australia, Guernsey, Jersey, Mauritius, and Norway Release CRS Guidance This week the countries of Australia, Guernsey, Jersey, Mauritius, and Norway released guidance […]

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Weekly FATCA Update: April 9-15, 2016

Singapore Publishes FATCA Updates for Forms and Documents, set to Commence FATCA Return Filing for 2015 Singapore has made a number of recent updates related to FATCA which are as follows: FATCA Return Filing for Reporting Year 2015 will begin TODAY, April 15, 2016. All Reporting Singaporean Financial Institutions (SGFI’s) are required to submit a FATCA Return […]

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Grape Expectations: 5 SMS Marketing Tips Designed to Juice Your Winery’s Sales

‘Nearly two-thirds of Americans are now smartphone owners, and for many these devices are a key entry point to the online world.’ This statement from the Pew Research Center comes with implications for wineries. In particular, mobile marketing plans are now a necessity for a diversified marketing strategy. We reached out to Sophorn Chhay, an inbound marketing […]

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Invitation to Take Aberdeen AEOI Financial Institutions Benchmark Survey

Sovos is always looking to expand our knowledge and ways to better serve our clients. As a specialized tax organization, Sovos is dedicated to creating and providing complimentary education on emerging markets so organizations can better prepare. To this end, we have partnered with the Aberdeen Group to collect information through the Automatic Exchange of […]

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What’s Taxable in Louisiana? Now, Just About Everything

On March 14, 2016, House Bills 61 and 62 (Acts 25 and 26 respectively) were signed into law by Louisiana Governor, John Bel Edwards. The first of these bills expands the sales tax base in Louisiana to encompass nearly every previously excluded transaction, and many, if not most, previously exempt transactions. The second bill enacts […]

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DIRECT | Sponsors & Exhibitors

ShipCompliant’s 11th annual DIRECT Conference is approaching and we are getting excited to convene the beverage alcohol community for a two-day conference full of learning, sharing, and community building. In recognition of the ever-changing nature of our industry, this year’s theme is Build Tomorrow. The keynote addresses, breakout sessions, panel discussions, and conversations at DIRECT […]

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Shared Services Critical Role in Latin American Compliance

Multinationals operating in Latin America are often surprised by the depth and complexities of business-to-government mandates pervasive in this region. From e-invoicing to e-accounting and now to shipping and human resources, governments in Latin America are entrenched in everyday business operations. Certainly companies can choose to see these regulations as a hindrance, but smart shared […]

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Short Video: New NetSuite Certified Integration for Sovos Sales Tax

Want to learn more about Sovos Compliance’s ability to integrate with NetSuite for

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Weekly Roundup | Distillery Trade Pact, Upcoming South Dakota Reporting Deadline, and Arizona DtC Law Change

Happy Monday, everyone! Hope you had a great weekend. Today’s roundup covers distilleries seeking to benefit from the new Trans-Pacific Partnership Agreement, South Dakota’s upcoming DtC shipping reporting deadline, and DtC shipping in Arizona. As always, if you read something I missed, let me know in the comments. Have a great week!

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Savage ACA Client Success Story

ACA compliance is complicated for all organizations, but this is compounded by the fact that this is the first year of mandatory reporting and HR/Benefits departments have never had to handle a tax reporting obligation like this one. As companies try to figure out how to adjust their systems to identify, compile, and transmit this […]

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Prepare for Savings: New Texas Emergency Preparation Sales Tax Holiday

On your mark…get set…SHOP! Beginning at 12:01 am on Saturday April 23rd, certain emergency preparation supplies will be exempt from tax until midnight on Monday April 25th as part of Texas’ first annual Emergency Preparation Sales Tax Holiday. The exemptions will apply at all taxing jurisdiction levels as all counties and municipalities must participate in […]

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Arizona Uncaps Direct-to-Consumer Sales

Currently, if a resident of Arizona wants to make a direct-to-consumer (DtC) purchase of wine, she must either journey to the winery for an on-site sale, or restrict herself to buying only from a winery that produces 20,000 gallons or less annually. However, a new law recently passed in Arizona will greatly expand her selection. […]

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