Join us as we explore sales & use tax compliance for customer invoicing. Discover strategies for navigating shared services buying centers, address industry misconceptions, and learn how sourcing tax can impact how you invoice. Learn essential steps for accurate tax verification and common sales tax mistakes to avoid with shared
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
Join Sovos’ Chuck Maniace for a CPE presentation on The Changing Face of Sales Tax. Attendees will learn about social and economic factors that continue to influence sales tax changes across the country, and how finance leaders can move towards leveraging compliance as a force for growth.
Stay updated on VAT Reporting and SAF-T with Sovos’ webinar. Explore legislative changes, prepare for VAT Recovery deadlines, and gain insights into SAF-T updates for Portugal, Bulgaria and Poland. Understand recovery claims essentials, crucial with the nearing 13th Directive deadline.
As companies and individuals experience turnover, growth and even repositioning within the marketplace, it’s critical to ensure that professionals in key roles have the awareness and ability to understand the financial reporting environment in order to assume to such responsibilities. Join us as for a brief discussion of: •
On March 21st, the Polish Minister of Finance (MoF) held an in-person meeting to summarize the results of the public consultation that took place between February and March. The MoF has announced the following updates: Timeline: While a new timeline has not yet been defined, the MoF clarified that all
Following speculation on a possible expansion of the grace period of the Romanian e-invoicing mandate, the Romanian Ministry of Finance published today, 22nd March 2024, a Draft Government Emergency Order confirming their intention to defer the grace period. The Emergency Order proposes that the deadline for the application of penalties
On the second Wednesday of each month, Sovos experts host a 30-minute webinar, Water Cooler Wednesday, to share the latest updates on statutory filings. In March, Sarah Stubbs shared information about the many filings due after March 1, from Market Conduct Annual Statements to health supplements for P&C and life
The German parliament passed The Growth Opportunities Act (Wachstumschancengesetz – the Act) today, concerning various tax matters, including a nationwide B2B electronic invoicing mandate. Originally the Act was set for a vote at the end of 2023 with January 2024 as enforcement date. However, the lack of consensus by the
The IRS recently published an updated version of Form 15397, Application for Extension of Time to Furnish Recipient Statements. This form replaces the previous process for requesting an extension of time to furnish recipient statements as outlined in the General Instructions for Certain Information Returns, and was recently introduced with
Direct-to-consumer (DtC) shipping has become one of the leading sales models for businesses of all sizes and in all markets. The idea of connecting directly with consumers is notably attractive, as it helps brands develop a personal relationship and avoid costly distribution chains. Yet, for all its popularity, DtC is
Join us at the E-Invoicing Exchange Summit from April 22 to 24, 2024, for an immersive experience designed to address the diverse needs and challenges of participants. Engage with presentations, user case studies, roundtables and panel discussions covering a spectrum of topics. Stay on top of developments in the U.S. E-Invoicing Exchange Framework, global best practices and emerging technology trends like Artificial Intelligence (AI). Explore the latest insights into Continuous Transaction Controls (CTCs).
This March, Sovos ShipCompliant released the fourth annual Direct-to-Consumer Beer Shipping Report in partnership with the Brewers Association. The DtC beer shipping report features exclusive insights on the regulatory state of the direct-to-consumer (DtC) channel, Brewers Association’s perspective and key data from a consumer preferences survey. Let’s take a deeper
For the past few weeks back, my colleagues and I have been talking a lot about the importance of a global strategy when it comes to addressing today’s modern tax environments. On the heels of Sovos introducing the Sovos Compliance Cloud, many in our company’s leadership team have blogged about
Direct-to-Consumer Beer Shipping Report Finds Continued Demand for Craft Beer Purchases via DtC (ATLANTA) March 20, 2024 – Sovos ShipCompliant and the Brewers Association today announced the results of the fourth annual Direct-to-Consumer Beer Shipping Report. Among the findings were nearly nine in 10 (86%) regular craft beer drinkers believe
On March 18th, 2024, the Polish Ministry of Finance published a second draft act regarding JPK_KR, that requires additional data to be reported on the accounting records. The draft act impacts the content of JPK_KR (aka JPK_CIT), and is aimed to enter into force from 1 January 2025. The Ministry decided
Indiana Governor Eric Holcomb signed SB 228, effective retroactively starting January 1, 2024, to remove the 200 or more separate transactions threshold for establishing economic nexus within the state. Retail merchants receiving gross revenue from sales of more than $100,000 into Indiana within the current calendar year or the preceding
Pursuant to Executive Decree No. 198 as issued by the President on March 15, 2024, the standard VAT rate in Ecuador is increased to 15% effective April 1, 2024. A copy of Executive Decree No. 198 can be found here (in Spanish).