The IRS has officially announced they are eliminating the automatic 30-day extension of time for the 1099-MISC with Nonemployee Compensation. This move forces organizations with
International News OECD Issues New Advice on VAT Administration On Oct 24, the Organization for Economic Co-operation and Development (OECD) released guidance on how countries
The Connecticut Legislature has passed new legislation that will move up certain Form 1099 deadlines and require additional Form 1099 reporting. Some of the essential
The Mexican Tax Administration Service (SAT) has published additional AEOI material, including a calendar with relevant deadlines and specifications for CRS transmittals. The AEOI Calendar
Delaware recently amended legislation pertaining to information returns, and part of this legislation advances the filing due date for 1099-MISC forms reporting non-employee compensation in
The Senate’s second draft of the Better Care Reconciliation Act would maintain employer information reporting obligations under Internal Revenue Code §§ 6055 and 6056. Changes
The Missouri Department of Revenue (DOR) implemented a new integrated tax system for filing the 53-1 (Sales and Use Tax Return form), 53-C (Consumers use
Effective July 1, 2017, the Minister of Finance in Malaysia announced that four groups of supplies will now be exempt from GST. The supplies that no
Kansas has updated Publication KW-100, Kansas Withholding Tax Booklet. There are a number of changes from the previous revision: Kansas passed Senate Bill 30 and
Maine recently enacted legislation which will require remote sellers to collect and remit sales and use tax on sales into the state of Maine effective October 1, 2017. A
The Australian Parliament recently amended the GST Act of 1999, to add an additional category of drugs and medicine preparations, which are now included in
On July 13, 2017, the parliament of the United Kingdom, along with Her Majesty’s Revenue and Customs (HMRC), announced that the roll-out of the ‘Making Tax
Effective August 1, 2017, the State of Washington will extend its retail sales tax to sales of bottled water. The sales tax expansion is part
Singapore recently published an update to their CRS Frequently Asked Questions (FAQs). Last updated in February 2017, the July 2017 update provides clarity and additional
Organizations operating in the Basque region of Spain will soon be required to comply with SII reporting requirements. As reported in this forum, effective July
With Senators Rand Paul and Susan Collins stating their opposition to the revised Better Care Reconciliation Act (BCRA) last week, Majority Leader Mitch McConnell could
The Secretary of the Treasury for the Commonwealth of Puerto Rico announced they plan on encouraging the local legislature to adopt significant tax reform measures,
The United Kingdom has announced plans to eliminate its “use and enjoyment” provision for VAT on business-to-consumer (B2C) telecommunications services used outside of the European