Category: Tax Compliance

Tax Compliance

Romania to Introduce SAF-T

Romania has the largest so-called “VAT gap,” the difference between actual and expected VAT revenues, in the European Union. According to a 2019 European Commission

Tax Compliance

China: Draft VAT Law Review

The Ministry of Finance and the State Taxation Administration are pressing ahead with China’s VAT reform having issued a Consultation Draft of the VAT law

Tax Compliance

Technology Enhancements in Insurance

The insurance world is often seen as slow and reluctant to fully embrace technology. However, new competition from the growing number of insurtech companies and

IRS Sunsets Paper Filing for 1099s
1099

IRS Sunsets Paper Filing for 1099s

Historically, the IRS required 1099 filers of 250 or more forms to file electronically (e-file). For businesses filing fewer than 250 forms, the IRS allowed

The Affordable Care Act is Alive and Kicking
Affordable Care Act (ACA)

The Affordable Care Act is Alive and Kicking

Despite what you may have heard, the Affordable Care Act (ACA) tax reporting requirements are not dead. In fact, enforcement of the Employer Shared Responsibility

Tax Compliance

Norway to Mandate SAF-T Reporting from 2020

Mandatory SAF-T (Standard Audit File-Tax) reporting will be introduced in Norway from 1 January 2020. Use of SAF-T, a standardized XML format containing exported accounting