Tax & Accounting Blog

Tennessee May Delay Implementation of Certain SST Provisions

Tennessee May Delay Implementation of Certain SST Provisions

The Tennessee Senate has passed S.B. 1520/H.B. 1992 which would delay the implementation of certain Streamlined Sales and Use Tax (SST) Agreement conformity provisions, which are currently scheduled to take effect on July 1, 2011 until July 1, 2013. Delayed provisions would include sourcing rules, single article cap limitations, and special user privilege … Read More

Hawaii Considers Taxing Soda

Hawaii Considers Taxing Soda

Following a state Senate Health Committee meeting with physicians regarding the health effects of sweetened beverages some officials are entertaining the idea of taxing sodas. State Governor Neil Abercrombie had proposed a tax early in 2011 that would have levied a 25 cent fee on containers larger than 12 ounces and a 10 cent fee on smaller containers, … Read More

Latest Version of Reporting for Thomson Reuters ONESOURCE Indirect Tax Now Available

Latest Version of Reporting for Thomson Reuters ONESOURCE Indirect Tax Now Available

New York, April 5, 2011 — The Tax & Accounting business of Thomson Reuters has released ONESOURCE Indirect Tax reporting for fast, accurate, and flexible business intelligence reporting that is fully integrated with the ONESOURCE Indirect Tax global software suite. Supporting global indirect tax compliance, reconciliation, and data analysis needs, the solution also allows companies … Read More