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

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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2019-02-19
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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E-Invoicing Compliance Sales & Use Tax Spain
2019-01-31
Sovos es reconocido como el líder del mercado en el reporte “IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sales Tax and VAT Automation

El completo análisis destaca los principales beneficios del “sofisticado software de impuestos en la nube” de Sovos BOSTON, enero de 2019 Según el estudio recientemente publicado, Sovos es ideal para “las empresas que están en búsqueda de un sofisticado software tributario capaz de satisfacer las altas demandas regulatorias de impuestos y facturación electrónica a nivel […]

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