North America

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massachusetts sales tax

Massachusetts Sales Tax Guide

Massachusetts imposes a statewide sales and use tax rate of 6.25%. The state does not allow local jurisdictions to levy additional sales taxes. What’s Taxable in Massachusetts? Massachusetts sales and use tax applies to the sale of tangible personal property and certain enumerated services. Sellers selling taxable goods and/or services

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Bhutan: GST Implementation effective January 1, 2026

Bhutan is officially implementing their Goods and Services Tax beginning January 1, 2026. GST will be imposed at a rate of 5%, which is reduced from the original proposed rate of 7%. Non-resident businesses with an annual taxable supply of more than 5,000,000.00 BTN are required to register for GST.

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Idaho Sales Tax

Idaho Sales Tax Guide

The Idaho state sales tax rate is 6%. The state allows local jurisdictions to levy additional sales taxes. What’s Taxable in Idaho? Idaho sales and use tax applies to the sale of tangible personal property and certain enumerated services. Sellers selling taxable goods and/or services are required to collect and

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virginia sales tax

Virginia Sales Tax Guide

Understanding sales tax in Virginia is essential for any business operating in or selling into the state. Virginia state sales tax is governed by clearly defined statutes and filing requirements, making it important for sellers to stay compliant with Virginia sales tax law and ongoing administrative guidance. Virginia Sales Tax

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Sovos Compliance Cloud

One Platform for Tax & Financial Compliance AdvantageSovos Tax Compliance Cloud powers your Tax, Finance, and IT teams with all the tools needed to process invoices, pay taxes, and stay on top of regulatory reporting – all in one seamless experience.Explore ProductsStreamline Your Compliance One Platform for Tax & Financial

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Spirits drink

Strong Demand Persists for Direct-to-Consumer Shipping of Craft Spirits

Newest Sovos Direct-to-Consumer Spirits Shipping Report points to a pressing need for expanded shipping laws to match demand and drive spirits sales    ATLANTA, SEPTEMBER 30, 2025 – The 2025 Direct-to-Consumer Spirits Shipping Report, released today, reveals that demand remains strong for direct-to-consumer (DtC) shipped craft spirits.  The report, commissioned

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unclaimed property exposure

Sovos Launches ReportMyUP: New Self-Service Platform Streamlines Unclaimed Property Management for Businesses of All Sizes

Flexible, Pay-as-You-Need Solution Offers One-Click Electronic Filing to More Than 30 States ATLANTA, GA – September 16, 2025 – Sovos, the always-on tax compliance company, today announced the launch of ReportMyUP, a new product suite designed to streamline unclaimed property management and reporting. ReportMyUP expands Sovos’ already robust unclaimed property

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Understanding the California Covered Embedded Battery (CBE) Fee

Starting January 1, 2026, California sellers will be required to register, collect, and remit a new Covered Battery-Embedded (CBE) Waste Recycling Fee on the sale of new and refurbished electronics that have non-removable batteries. The fee (the initial amount yet to be established by Cal Recycle) applies to all products

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2025 1099-k reporting

How the OBBB Transforms 2025 1099-K Reporting for TPSOs

The One Big Beautiful Bill (OBBB), signed into law on July 4, 2025, delivers significant relief to third-party settlement organizations (TPSOs) by reverting 1099-K reporting thresholds and fixing critical compliance gaps. For 2025 transactions, TPSOs will  need to issue and file 1099-K forms when both criteria are met for a

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Illinois Will Eliminate 200-Transaction Threshold for Economic Nexus

Beginning January 1, 2026, Illinois will eliminate the 200-transaction threshold for establishing economic nexus for sales tax purposes. Going forward, both remote retailers and marketplace facilitators will be subject to economic nexus rules based solely on whether their cumulative gross receipts from sales to Illinois purchasers exceed $100,000 over the

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Philippines Imposes 12% VAT on Foreign Digital Service Providers

Effective June 1, 2025, Republic Act No. 12023 amends the Philippine Tax Code so that nonresident digital service providers (DSP) will be liable for 12% VAT on digital services consumed in the Philippines. The law defines digital services broadly and may include any service that is supplied over the internet

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Sovos Joins AWS ISV Accelerate Program

ATLANTA – May 7, 2025 – Sovos, the always-on compliance company, announced today that it has joined the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program, a co-sell program for AWS Partners that provides software solutions that run on or integrate with AWS. The program helps AWS Partners

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Arkansas DTC wine shipping

Arkansas Expands Access to DtC Wine Shipping with HB 1476

With the signature of Governor Sarah Huckabee-Sanders, Arkansas is set to enact House Bill 1476—ushering in long-awaited reforms to its direct-to-consumer (DtC) wine shipping laws. Until now, Arkansas only allowed DtC wine shipments when the consumer was physically present at the winery’s premises at the time of purchase, severely limiting

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