Sovos Annual Tax Compliance Trends Report
Discover the top 2025 tax trends reshaping compliance. Learn how AI, real-time data, and new mandates are transforming tax into a strategic advantage.
December 20, 2024
Knowledge Center
Get the latest insights on tax compliance and government reporting.
Featured content
A Guide to Navigating 1099-DA Compliance
The IRS’s final regulations on digital asset reporting mark a turning point in how crypto brokers, digital asset platforms and taxpayers report transactions. With authorities expecting to process over 8 billion 1099-DA forms annually, organizations must ensure they have a structured and scalable tax compliance strategy in place.
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Real-time Knowledge Center
The latest insights on tax compliance and government reporting from around the world.
VAT & Fiscal Reporting
The Rise of Pre-filled Returns in Greece
As governments worldwide continue to shift to Continuous Transaction Controls (CTC) systems, such as e-invoicing and real-time e-reporting, another trend organically unfolds as part of
April 3, 2025
Sales & Use Tax
Massachusetts Candy Sales Tax: Sin Tax or Revenue Generator?
Earlier this year, Massachusetts Governor Maura Healy revealed her Fiscal Year 2026 budget proposal calling for $59.6 billion in total spending—a 2.6% increase from FY25.
April 2, 2025
Kentucky Exempts Bullion and Currency
The Kentucky Legislature recently passed HB 2, which was initially vetoed (in full) by the Governor on March 25, 2025 but was successfully overridden on
April 3, 2025
Spain: SIF/VERI*FACTU deadline officially pushed to 1 January 2026
Today the Spanish Government approved a Royal Decree and made official the new date from which taxpayers, that are not using SII, will be required
April 3, 2025
Greece: Mandatory E-transport Deadlines Postponed Once Again
The Greek Ministry of Economy and Finance and the Independent Authority for Public Revenue (IAPR) have announced a further postponement of the deadlines for the
April 2, 2025
IPT
The Impact of Climate-Related Events on IPT: ECB & EIOPA Proposal
In a previous blog, we provided an overview of the current and proposed natural disaster-related measurements in some European countries and Australia. In this blog,
ShipCompliant
The Case for DtC Beer Shipping Reform: Key Takeaways from the 2025 Report
Craft beer drinkers want more choices. Brewers want more opportunities. And yet, legal barriers still stand in the way of direct-to-consumer (DtC) beer shipping. The
ShipCompliant
From Decline to Opportunity: Lessons from the 2024 DtC Market
The 2025 Direct-to-Consumer Wine Shipping Report offers more than just data—it provides valuable insights into the trends shaping the industry and the factors driving change.