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
Category: Tax Compliance
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
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
1099
Cryptocurrency Exchanges Serious about 1099 Reporting Despite Incomplete IRS Guidance
Ron Quaranta is founder and chairman of Wall Street Blockchain Alliance, the world’s leading non-profit trade association promoting the comprehensive adoption of blockchain technology and
Tax Compliance
Unclaimed Property Reporting: Well Begun Is Half Done!
If you have ever had a child wait until the night before an assignment is due to ask for help, or had a client push
Electronic Invoicing
Brazil Implements New E-Invoice Type NF3e
Brazil is often viewed as one of the most complex tax jurisdictions in the world. But, at the same time, it has been very successful
Tax Compliance
Are You Considering Outsourcing Your Unclaimed Property Processes?
Managing an organization’s unclaimed property can be a full-time job. With the complexities of regulatory requirements, the numerous due diligence and dormancy tracking rules by
Electronic Invoicing
India Adds Clarity to New E-Invoicing Regime
Following India’s recent public consultation looking at the proposed introduction of an e-invoicing regime, the GST council has now released a white paper on the
Tax Compliance
Unclaimed Property Penalties
“We have less than $1,000 to submit, we’ll just do it ourselves.” Does this thought process sound familiar? The thought is if it’s a small
1099
IRS Cryptocurrency Tax Guidance Fails to Address 1099 Reporting
The IRS released long-awaited guidance on cryptocurrency tax regulations this week, but the agency did little to clarify tax reporting policy. The guidance, the first
Tax Compliance
Unclaimed Property Alberta Filing Information
Many companies ask me about filing to Alberta. There is some confusion about which companies really need to file to Alberta. If your company is
Tax Compliance
Four Essential Considerations Regarding Online Reporting
The issue of online unclaimed property reporting is an important one. State legislation varies widely on when and how to submit unclaimed property reports, and many states