Tax & Accounting Blog

Thomson Reuters Releases Indirect Tax Update Report with Q2 2011 Tax Changes

Thomson Reuters Releases Indirect Tax Update Report with Q2 2011 Tax Changes

Thomson Reuters has released the latest ONESOURCE Indirect Tax report which incorporates Q2 changes to VAT and sales and use tax codes. There were a total of 184 changes in the United States with 86 percent of those changes increases or new taxes. Internationally, there were 86 VAT changes, bringing the total changes for Q1 … Read More

New Jersey Issues Guidance on Sale of Digital Products

New Jersey Issues Guidance on Sale of Digital Products

The New Jersey Division of Taxation has issued written guidance (Publication ANJ-27) on the applicability of sales tax to the sale of specified digital products as well as to receipts from installing, maintaining, servicing or repairing specified digital products. A specified digital product is an electronically transferred digital audio-visual work, digital audio work, … Read More

California BOE Moving Forward with Enforcement of Affiliate Nexus Tax

California BOE Moving Forward with Enforcement of Affiliate Nexus Tax

The California Board of Equalization (BOE) voted 3-2 to move forward with implementation of ABx1 28, an affiliate nexus tax bill, despite the fact that the California Attorney General¬† has given online retailers permission to begin collecting signatures for a ballot initiative that would overturn the nexus law. At the meeting, the BOE ordered staff … Read More