Tax & Accounting Blog

Avangate Uses Thomson Reuters ONESOURCE Indirect Tax Solution

Indirect Tax, ONESOURCE, Sales and Use Tax, Sales Tax Nexus July 19, 2013

TR Grey sign2New York – Thomson Reuters announced Tuesday, July 16, 2013 that Avangate, a provider of commerce solutions for software and information services companies, is leveraging ONESOURCE Indirect Tax to help its customers comply with changing indirect tax laws such as the Marketplace Fairness Act (MFA). Already passed by the Senate and currently in the House, the MFA targets online sales as a new revenue source for government. Most experts agree that taxation of online goods is no longer a question of if, but rather when. Read Press Release