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2020 GCS Speaker Spotlight Series | Cointracker
Sovos’ Global Compliance Summit – Intelligent Reporting “Speaker Spotlight” Series continues with the introduction to an award-winning subject matter expert on tax in the Cryptocurrency
Category: Tax Compliance
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2020 GCS Speaker Spotlight Series | KPMG & Zions Bancorporation
Sovos’ Global Compliance Summit – Intelligent Reporting “Speaker Spotlight” Series kicks off with the introduction to two brilliant women in the world of tax, Kelli
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Five Tips to Ensure You (and Your 1099 Service Provider) Are Prepared to Report on Form 1099-NEC (and MISC) This Tax Season
The 2020 tax information reporting season is rapidly approaching and the changes we know about so far are pretty complex. A primary example lies in
Sales & Use Tax
The Votes are In: SST Inks Three Year Contract with Certified Service Providers
The 24 member states of the Streamlined Sales Tax Governing Board recently met in a special session to consider a proposed new contract with designated
Tax Compliance
A New EU Country Code on the Horizon for Northern Ireland
Since 31 January 2020, the UK is officially no longer part of the EU but is considered a third country to the union although EU
News
Turkey Continues to Protect Employees from Effects of COVID-19
The Turkish government continues to minimize the effects of the COVID-19 pandemic on companies. A Presidential decree has extended the deadline for the Ban on
Electronic Invoicing
TRA Updates E-Delivery Note Application Guidelines
Issuing e-delivery and printed delivery notes together The article (Article 15.5), which was quite confusing in the initial version of the guideline, is now much
Tax Compliance
New VAT Rules for Online Marketplaces and Imports of Goods into the UK
The United Kingdom’s HMRC has issued new guidance on the VAT treatment of cross-border sales of goods and online marketplaces beginning 1 January 2021, following
Electronic Invoicing
India: Last-Minute Changes to the Proposed E-Invoicing System
The October deadline is fast approaching for the Indian CTC invoicing mandate, but it remains a moving target. In a swift move that was published
Tax Compliance
Sovos Buys Keane’s Unclaimed Property Consulting Services & Software as States Accelerate Audits
Last week, Sovos purchased the unclaimed property consulting services and reporting technology of Keane. This acquisition boosts our SaaS and services offerings for unclaimed property
Tax Compliance
Tax IDs and List Checks: The New Trend
VAT gaps can generally be found in countries that collect indirect taxes. This hiatus has led many tax administrations to implement Continuous Transaction Controls (CTCs),
Tax Compliance
The Industry Leader in Tax and Regulatory Reporting
Last year, Sovos promised insurers we would Solve Tax for Good®. A year later, we have helped thousands of insurers ease the burden and risk
Tax Compliance
Sovos Acquires Accordance to Help Businesses Flexibly Navigate Changing VAT Compliance Requirements
Earlier this week, Sovos announced the acquisition of Accordance , a U.K.-based value-added tax (VAT) managed services company that has been a Sovos partner since 2018.
Electronic Invoicing
Turkey: Penalties for Noncompliance with the Mandatory Electronic Document Framework
For rules to carry any real weight, the rule-maker must combine compliance with that rule with either a carrot or a stick. In the field
Tax Compliance
Direct Wine Shippers Have a New Tax Burden in Chicago
As of July 1, 2020, wineries making direct-to-consumer (DtC) shipments of wine into the city of Chicago will face an additional tax burden. Under Chicago
Tax Compliance
New Educational Course: Tax Compliance and Accounting for Captive Insurers
Finding relevant insurance accounting education has always been a challenge for insurance professionals. Insurance is a global industry. But, the financial reporting and tax rules
Sales & Use Tax
Back to Basics: Seven Things You Need to Know About CSPs & SST
Sales & Use Tax is complex and growing more so by the day. The number of jurisdictions, tax forms and rate changes makes managing these
Tax Compliance
Digital Services Tax Debate Intensifies
On 18 June 2020 European officials announced that an EU-wide digital services tax (DST) will be introduced if the US’s recent withdrawal from global tax