Greece e-invoicing Electronic invoicing is mandatory for B2G supplies and optional for B2B and B2C supplies. However, the Greek authorities want to implement a nationwide B2B e-invoicing mandate as part of the e-invoicing reform. The reform started in 2020 with the roll-out of the country’s e-audit scheme called myDATA. E-invoicing
LONDON, April 24, 2024 – Sovos, the always-on compliance company, announced that it has aligned with the Digital Business Networks Alliance (DBNAlliance) as an early member, marking a significant milestone in the initiative’s development. As major player in the industry processing more than 11 billion transactions each year, Sovos’ membership
eBook IRS Modernization With over 40-years of tax law changes built into hundreds of legacy applications, the Internal Revenue Service has been embarking on an IT modernization journey for many years. With the introduction of digitization, the IRS began making significant strides these past few years in terms of modernizing
E-invoicing: An Overview Turkey was an early adopter of electronic invoicing when considering the global landscape of tax digitization. As part of its larger e-Transformation initiative, the country mandated e-invoicing in 2014. Understanding the complexities of Turkey e-invoicing and its other electronic systems can be challenging, however, and that’s why
Enhanced program provides access to the industry’s only complete platform for tax compliance and regulatory reporting (ATLANTA – April 15, 2024) Sovos, the always-on compliance company, today announced enhancements to its Sovos Partner Network program, further elevating its commitment to transform compliance from a business requirement into a force
Sovos, the always-on compliance company, today announced a joint business relationship with the Belgian PwC Firm PwC Business Advisory Services bv/srl (hereinafter: “PwC”), leveraging the companies’ complementary tax and advisory service expertise and solutions to address vital e-invoicing and e-reporting needs. Through this joint business relationship, Sovos and PwC clients
ATLANTA, GA, March 25, 2024 — Sovos, the always-on compliance company, has been honored by CRN®, a brand of The Channel Company, with inclusion in its 2024 Partner Program Guide. This annual guide provides essential information to solution providers exploring technology vendor partner programs that offer high value and align
When most people think about “taxes” it’s likely that their thoughts first turn to “direct taxes.” However, in today’s economy, “indirect taxes” are becoming increasingly important in funding state and local governments. Indirect tax is also becoming increasingly complex, especially for businesses charged with meeting their indirect tax compliance obligations
Last week, we introduced the Sovos Compliance Cloud. The industry’s first and only solution that unifies tax compliance and regulatory reporting software in one platform, providing a holistic data system of record for global compliance. Accompanying this launch, our CEO Kevin Akeroyd wrote about the global landscape of tax compliance,
Maniace recognized for his abilities to interpret, influence and guide organizations in an increasingly complex tax compliance environment ATLANTA – February 27, 2024 – Global compliance technology solutions and services provider Sovos today announced that Charles Maniace, vice president of regulatory analysis &design, was recognized in Accounting Today’s Top 100
VAT Compliance in Poland: An Overview for Businesses Poland VAT compliance can be a tall task for those yet to devise a future-proof strategy. Considering legislation changes frequently and the ongoing phased implementation of e-invoicing, it takes a lot of time, money and energy to meet your obligations. This is
Affordable Care Act (ACA) reporting has started for tax year 2023. ACA reporting can quickly become complicated and costly with IRS penalties if your business does not have an efficient process in place. Although regulations have generally stayed the same for this reporting season, there are some important updates all
Sovos Compliance Cloud The industry’s first and only complete platform for tax compliance and regulatory reporting Get in touch Trusted by the World’s Best Companies Including Half the Fortune 500 A New Approach Lower your risk and cost Disparate point solutions silo your data, business processes and teams. The Sovos
Elcim Sirek and Marcelo Souza to drive growth and revenue at a time of increasing importance in the global compliance category ATLANTA, JANUARY 31, 2024 – Global compliance technology solutions and services provider Sovos today announced the appointment of two new sales leaders. Elcim Sirek has been promoted to the
VAT Compliance in Romania: An Overview for Businesses Romanian VAT Compliance can be described as a layered system conflated with different declarations and requirements, from SAF-T obligations to electronic invoicing. In this page, businesses aiming to remain compliant and looking to know the most up to date news, can find
Dominican Republic e-invoicing The Dominican Republic is just one of the many nations that are turning to e-invoicing. From 2024, established taxpayers will be required to meet strict new rules for how they execute business transactions. Understanding what’s to come is vital, as is choosing a partner with the technical
In this webinar, we will explore why global manufacturers must embrace technological advancements in tax automation as part of their compliance strategies to stay ahead of auditors and government authorities. Sovos experts will shed light on the EU perspective that often demands near-real-time data transmission, exposing manufacturers to heightened transaction
Delaware’s Secretary of State (SOS) recently advised that they plan to send invitations to companies to participate in the Delaware Voluntary Disclosure Agreement (VDA) program on February 23, 2024, and July 26, 2024. In the event that a company receives an invitation to participate in the VDA program and is