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Incoterms define the responsibilities of buyers and sellers in international transactions, including VAT implications for cross-border trade.

At Sovos, we are IPT compliance specialists and we solve tax for good. Insurance Premium Tax is one of our specialisms, and we know it well.

Let Sovos’ VAT Managed Services manage your VAT compliance obligations. VAT reporting and returns. Continue to trade with confidence.

Incorporating ecommerce channels is quickly becoming a priority for businesses. However, there are key considerations to ensure a smooth and compliant sales tax process, while also prioritizing a positive customer experience. The right solution will help organizations save time and money, while also improving sales tax efficiency.

If you’re an EU business with B2C sales in other EU Member States or based outside the EU with B2C sales to the EU, 1 July 2021 will bring significant change.

U.S.-based manufacturers and global manufacturers with a U.S. presence must understand how rapidly changing sales and use tax complexities impact their business operations.

Migrating to S/4HANA is a big and complicated process for most organizations. It also represents a tremendous opportunity to update and align your tax strategy to meet the challenges of modern sales tax.

Four emerging megatrends have businesses of all sizes and industries on notice, shining a light on current and near-term legal requirements across regions and VAT compliance domains.

Properly submitting and filing a compliant sales tax return should be a top priority for any business. But it is not always that easy. If organizations don’t have all necessary information, are unaware of required reporting frequencies or have not correctly reported deductions, the sales tax filing process can be difficult – and could even lead to hefty fines or an audit.

Find out why Sovos is trusted by half the Fortune 500 and the world’s smartest companies

Follow our Sales Tax Compliance Readiness Assessment to make sure that your company has crossed every T and dotted every I on your path to compliance. And be sure to check out our multitude of resources for any questions you may have.

If you have the responsibility for VAT determination and tax reporting in Brazil as are part of your job description, you no doubt understand the levels of complexity involved in getting it right and ensuring VAT compliance.

Certified Service Providers (CSPs) allow businesses to outsource most sales tax administration responsibilities, making it easier to comply with the laws of a given jurisdiction. Choosing a CSP to manage your sales tax filings reduces the burden of managing end-to-end sales tax compliance while reducing organizational liability during the tax calculation process.

Greece is introducing a tax reform to increase efficiency, prevent fraud and close its VAT gap by digitising its tax system. Download our useful snapshot of the key details including what’s happening, who’s affected and the implementation timeline.

Download our Top 10 VAT Compliance and Reporting Lessons infographic to find out what European companies can learn from Latin America to prepare for upcoming tax reporting changes.

Selecting the right tax partner is key to effectively managing the complexities of modern tax environments. See the key traits that make a successful partnership.

This year the IRS is introducing Form 1099-NEC for nonemployee compensation. As this change will impact organizations of every type and size, we have assembled a list of the five things you absolutely need to know about Form 1099-NEC.

At a time when the global VAT landscape is undergoing significant change, we teamed up with Shared Services Link to understand more about the key challenges faced by AP and VAT professionals at multinational companies and what their focus is for 2021 and beyond.