After Wayfair Ruling on Sales Tax, Preparing for Holiday Retail Surge

Retailers will be on the hook for calculating and filing more taxes in more states than ever. With the already stressful holiday season upon us, companies need to scramble to ensure they are in compliance. Here’s what retailers can do to prepare. [Read more on Total Retail.]

Tax Information Reporting United States
2019-03-12
New Sovos Tax Information Reporting Solution Solves Escalating Tax Challenges for Accounts Payable Leaders

Already regarded as the best 1099 reporting tool on the market, the recently upgraded Sovos Tax Information Reporting signed 150 new corporate and financial institution clients in just three months Sovos’ new TIR solution is the only product able to perform real-time taxpayer identification number (TIN) checks and offers a simplified data import, consolidating information […]

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2019-03-08
INSIGHT: How are Governments Tackling the Great VAT Gap?

In this piece for BloombergTax, Christiaan Van Der Valk, VP of Strategy at Sovos, examines the global VAT gap, through which governments lose billions every year. With such high levels of loss, how can governments confront the problem? Latin America offers lessons. Read more

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2019-02-19
Sovos Joins Wall Street Blockchain Alliance

Sovos has joined the Wall Street Blockchain Alliance, an industry leading non-profit trade association with a mission to guide and promote comprehensive adoption of blockchain technology across global markets. Read the press release. 

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E-Invoicing Compliance Italy
2019-02-05
Will clearance e-invoicing spread through the EU?

International Tax Review reporter Joe Stanley-Smith writes that governments around the EU are watching Italy to see if its new mandatory e-invoicing system (Sistema di Interscambio, or SDI) works, and whether it is effective in increasing the VAT intake.  Sovos’ Filippa Jörnstedt says, “My guess would be that the next country to introduce a clearance e-invoicing […]

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Sales & Use Tax
2019-02-05
Platforms: Where the real ‘Wayfair’ money is

This article from International Tax Review reporter Alexander Hartley cautions vendors to beware of getting caught between states and their sales tax collection, as online platforms like eBay and Amazon now represent big cash prizes — and a host of technical complications — in the wake of the South Dakota v. Wayfair Supreme Court decision. […]

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