Tax & Accounting Blog

Thomson Reuters Announces ONESOURCE Indirect Tax Sales and Use Tax Update Report for Q1, 2011

Indirect Tax, Sales and Use Tax April 21, 2011

New York, April 20, 2011 – Thomson Reuters has released the latest ONESOURCE Indirect Tax report on changes to state and local sales and use tax codes for first quarter, 2011. The report identifies 83.3 percent of the changes as increases and new taxes. There were a total of 162 changes, mostly at the city and county level, a likely response to cut-backs in federal and state funding. Read more…….