Tax Compliance
Poland’s Departure from the Traditional VAT Return
In Europe, Poland seems to be the first country to move away from the traditional VAT return replacing it with a detailed Standard Audit File
Category: Tax Compliance
Tax Compliance
Hungary Expands Scope of Real-Time Reporting
Since July 2018, taxpayers in Hungary have been obliged to disclose the data of electronic invoices issued for transactions with accounted VAT exceeding HUF 100,000
Electronic Invoicing
Is Your Business Ready for Turkey’s Digital Tax Transformation?
The value of data is rising The value of data is becoming more precious than oil. Technology has transformed market dynamics across all sectors and
Tax Compliance
Revisiting the EU VAT “2020 Quick Fixes”
Part 4 – Call-Off Stock Arrangements This is the last in a series of four blogs providing explanatory detail to the EU’s “2020 Quick Fixes”
Tax Compliance
Italy to Introduce Pre-Completed VAT Returns by July 2020
The Italian government has introduced an ambitious new program for collecting VAT, under which the tax authorities will pre-populate VAT returns on behalf of taxpayers.
Tax Compliance
The Top 5 Most Common Unclaimed Property Compliance Mistakes
Full compliance when it comes to unclaimed property requirements can be difficult to determine. For many businesses, it isn’t until they are audited and fined
Tax Compliance
Revisiting the EU VAT “2020 Quick Fixes”
Part 3: Chain Transactions This is the third in a series of four blogs providing explanatory detail to the EU’s “2020 Quick Fixes” that aim
1099
IRS Tax Gap Data Previews the Future of 10-series Reporting Requirements
A recent fact sheet released by the IRS shows the latest tax gap estimates and overall taxpayer compliance and demonstrates why the IRS is likely
Tax Compliance
Revisiting the EU VAT “2020 Quick Fixes”
Part 2: The Exemptions of Intra-Community Supplies of Goods This is the second in a series of four blogs providing explanatory detail to the EU’s
Electronic Invoicing
Central Asia’s Adoption of E-Invoicing Mandates Grows
It’s no longer controversial to say that real-time VAT control initiatives such as e-invoice clearance or real-time reporting are becoming increasingly popular with governments and
1099
Crypto Exchange and Custodian Gemini Chooses Sovos as its Tax Reporting Solution Provider
Gemini, one of the world’s most trusted cryptocurrency exchanges and custodians, has selected Sovos, the largest private filer of 10-series tax forms, to automate Gemini’s
Tax Compliance
Unclaimed Property: “Good Escheat” Ingredients
Nice job on getting your fall filing done! You deserve a reward! Take the rest of the day off and make yourself a drink I
Tax Compliance
VAT Mini One Stop Shop – Part 3
What to Expect Next In Parts One and Two of this series on the VAT MOSS scheme for digital services we provided a background, considerations for
1099
Withholding State Reporting Beyond an Organization’s Physical Presence
Introduction Tax information reporting and withholding at the state level is often a complex undertaking for organizations to manage. With 43 states now requiring income
Tax Compliance
Ensuring SAP Tax Compliance and Data Purity in AP E-invoicing Processes
About a decade ago, countries in Latin America, led primarily by Mexico, Brazil and Chile, stepped up their efforts to close the VAT gap by
Tax Compliance
States Crack Down on Unclaimed Property
Recently, a landmark ruling in New York shed light on a nationwide trend in the world of unclaimed property compliance. State governments across the U.S.
Tax Compliance
Whose Responsibility Is It to Report Unclaimed Property?
Unclaimed property results from the everyday functions of a company’s operations. As state budget deficits continue to grow, companies should expect unclaimed property compliance and
Tax Compliance
VAT Mini One Stop Shop – Part 2
An update and the effects of Brexit In the first part of this series on the VAT MOSS scheme for digital services we provided a