As digital assets continue to become mainstream, the IRS’s new 1099-DA has introduced fresh complexity and confusion for crypto businesses, financial institutions, and tax professionals alike. Determining who qualifies as a broker, what counts as a reportable disposal, and how decentralized technologies affect compliance remains challenging to answer. Join John
Discover how digital trust is built within Latin America’s financial ecosystem through real-world cases. Explore the current landscape of fraud in the region, emerging risks, and the role of the digital trust ecosystem.
The Uruguayan tax administration (DGI) issued a new resolution (Resolution 1184/2020) to facilitate the registration of new taxpayers in the electronic invoicing system of the country. The new resolution also revokes the requirement to issue printed fiscal documents (transportation authorizations, invoices or tickets) in cases where the purchaser is registered
Annual analysis from Sovos ShipCompliant and WineBusiness Analytics shows steep losses in volume and value amid wider wine industry slowdown (ATLANTA) January 27, 2026 – Mirroring broader challenges across the wine industry, new findings from the annual Direct-to-Consumer Wine Shipping Report from Sovos ShipCompliant and WineBusiness Analytics indicate that the prolonged downturn in the DtC wine shipping market intensified in 2025. Marking the most challenging year since the report’s inception in 2010, 2025
Why Financial Institutions Overpay Sales & Use Tax and How to Stop It $750,000. That’s how much one mid-size U.S. bank recovered in a single quarter—money they’d been overpaying in use tax for years without realizing it. This wasn’t a struggling institution with a skeleton crew managing compliance. They had
Arkansas imposes a statewide sales and use tax rate of 6.5%, as established under the Arkansas tax code. While Arkansas does not allow local jurisdictions to levy their own independent sales tax structures, cities and counties may impose additional local sales taxes that apply on top of the Arkansas state
Sovos Solutions: Tax & Regulatory Compliance Find Relevant SolutionsBook a Call Value Added Tax (VAT)Get StartedAutomate global VAT compliance.Sovos ProductsSales and Use Tax (SUT)Get StartedAutomate Sales & Use Tax compliance.Sovos ProductsInsurance Premium Tax (IPT)Get StartedAutomate IPT calculations and reporting in US and EMEASovos ProductsExemption CertificatesGet StartedAutomate exemption certificate management.Sovos ProductsSAF-TGet
The Polish Minister of Finance and Economy signed the amending Regulation on the detailed scope of data contained in tax declarations and records for VAT (JPK_VAT with declaration), which is now awaiting official publication. As previously reported, this regulation adapts JPK_VAT reporting to the mandatory KSeF 2.0 framework. Taxpayers will
The Polish Ministry of Finance and Economy has published an amendment to the Regulation on the issuance of invoices. The amendment updates §3 of the regulation, which specifies cases in which invoices may contain a scope of data narrower than that specified in Article 106e of the VAT Act, aligning
The Polish Ministry of Finance and Economy has officially published the Regulation on cases in which there is no obligation to issue structured invoices, establishing the final list of transactions exempt from mandatory KSeF e-invoicing. The Regulation was signed on 7 December 2025 and published in the Journal of Laws
Can Alcohol Importers Legally Ship Direct-to-Consumer? The beverage alcohol industry operates under complex rules, which vary by state. While importers are part of the “supplier” tier—similar to wineries, distilleries, and breweries—they are treated differently under federal and state regulations. This distinction is especially notable when it comes to direct-to-consumer (DtC)
Key Highlights Three states—Arkansas, Mississippi, and Delaware—passed new DtC wine shipping laws. Maine extended its container redemption program to DtC shipments. California introduced a Granholm-compliant DtC shipping law for distilled spirits. 2025 was the 20-year anniversary of the Granholm v. Heald Supreme Court ruling. As 2025 winds to a
Following our previous update on the postponement of Phase 2 implementation, the Greek Independent Authority for Public Revenue (AADE) has now formally enacted the changes and brought Phase 2 into production. This formalizes the timeline previously announced in a press release, with mandatory compliance beginning May 1, 2026. myDATA Production
Gwenaëlle Bernier – Partner & Avocate Associée G56, Tax Technology & Transformation at EY As France’s ambitious e-invoicing mandate approaches, Gwenaëlle Bernier – speaker at the Tax Compliance Summit Sovos Always On: Paris (19 Nov.) – shares expert insights on how digital transformation is reshaping tax compliance and operational performance. This
Cyrille Sautereau – President FNFE-MPE & CEO Admarel Conseil Ahead of the Tax Compliance Summit Sovos Always On: Paris on 19th November, we asked Cyrille Sautereau, Chair of the AFNOR “Electronic Invoice” Commission and President of the National Forum for Electronic Invoicing and Public eProcurement (FNFE-MPE), to discuss the evolving landscape of
Sovi AI now automates product tax code classification, enabling faster onboarding and improved accuracy ATLANTA, November 11 – Sovos, the always on compliance company, today announced the expansion of its SoviTM AI Tax Compliance Cloud platform. The new capabilities introduced include product tax code classifications for Sales and Use Tax
This post was last updated on October 21, 2025. The French Draft State Budget Law for 2026, published on October 14th, introduces several amendments to the regulations in force governing the upcoming e-invoicing and e-reporting mandate. While the draft provides additional clarifications – particularly regarding transactions subject to e-reporting