Value Added Tax
Global Supply Chains and VAT: a Crimp in Cash Flow
Corporations in a wide variety of sectors are rapidly transforming their supply chains. The core goals of supply chain globalisation and automation are operational and
Category: Value Added Tax
Value Added Tax
Where Does France Stand After the Publication of Last Week’s CTC Specifications?
September was unusually eventful for French businesses. A new ordinance was published, specifying the different parts of the upcoming continuous transaction controls (CTC) regime and
Value Added Tax
How to Prepare for VAT Registration and Fiscal Representation in the EU
Registering for VAT in the EU remains an overly complicated task, with each Member State having its own processes and procedures to obtain a VAT
Value Added Tax
Getting VAT Compliance Right for Black Friday Success
On 26 November, Black Friday presents another opportunity for retailers to drive e-commerce sales and boost revenue. It has become one of the biggest global
Value Added Tax
EU E-Commerce VAT Package FAQs: Understanding OSS
The EU E-Commerce VAT Package is here. The new schemes, One Stop Shop (OSS) and Import One Stop Shop (IOSS), bring significant changes to VAT
Value Added Tax
EU E-Commerce VAT Package FAQs: Understanding Marketplace Liability
The EU E-Commerce VAT Package is here. The new schemes, One Stop Shop (OSS) and Import One Stop Shop (IOSS) bring significant changes to VAT
Value Added Tax
Looking to Cut Tax Compliance Costs? Consider Tax Solutions Before Migrating to SAP S/4HANA
As the digitization of tax continues, many organizations are looking to reduce the complexity and cost of tax compliance. In our latest spotlight report, created
Value Added Tax
Fiscal Representation Post-Brexit – Requirements for UK Companies Trading in the EU
Non-EU companies are required to appoint a Fiscal Representative in order to be registered for VAT in many Member States. Following the end of the
Electronic Invoicing
French E-invoicing Mandate Update: Government Revises Rollout Schedule
When the French Tax Authority published its report last fall, unveiling the continuous transaction control (CTC) plans for France, we questioned whether it would be
Value Added Tax
VAT Trends: Aggregator Liability – What You Should Know
This blog is an excerpt from Sovos’ annual VAT Trends report. Governments are increasingly putting liability for reporting and/or paying VAT on platforms that already
Electronic Invoicing
Asia E-invoicing: New Developments in the Region
Having originated in Latin America, the next region set to embrace continuous transaction controls is Asia. Several jurisdictions in the region have announced their intent
Value Added Tax
The EU E-Commerce VAT Package: Lessons Learned Two Months On
On 1 July 2021 the EU E-Commerce VAT Package was introduced. The package replaced existing distance-selling rules and extended the Mini One Stop Shop (MOSS)
Value Added Tax
Are You Planning for the Future of Indirect Tax?
The digitalization of tax is imminent. Is your organization staying current with the ERP evolution? In our latest Spotlight Report, created in partnership with Americas’
Value Added Tax
The Effects of Current Events on Supply Chains
Over the past year supply chains have taken a significant hit with the Covid-19 pandemic and Brexit to name a few. It is essential to
Value Added Tax
Audio Blog: What is the Import One Stop Shop?
What is the Import One Stop Shop? Find out in three minutes The Import One Stop Shop (IOSS) is here. Since July 2021, businesses selling
Value Added Tax
Korea Takes Steps to Avoid Tax Evasion
Korea’s National Tax Service recently shared an investigation in which it discovered several foreign companies were evading tens of billions of dollars in taxes to
Value Added Tax
Decode Incoterms in 7 minutes
Incoterms are set by the International Chamber of Commerce and outline the responsibilities of buyers and sellers while making international transactions. Understanding the relationship between
Electronic Invoicing
Portugal: How to Prepare for 2022 E-Invoicing Changes
Back in 2019, Portugal passed a mini e-invoicing reform consolidating the country’s framework around SAF-T reporting and certified billing software. Since then, a lot has