Tax & Accounting Blog

Exemption Certificates Play Key Role in Criminal Case

Exemption Certificates Play Key Role in Criminal Case

It’s safe to say that exemption certificates, which play an important role in sales tax collection around the country, aren’t generally considered an exciting topic of conversation. The certificates allow wholesale purchasers to buy goods tax-free with the idea that those goods will be sold to retailers, who will then collect sales tax from their … Read More

EU VAT Rates: Towards Greater Flexibility for Member States

EU VAT Rates: Towards Greater Flexibility for Member States

In the last couple of months the European Commission has been discussing the possibility to grant Member States a greater flexibility for determining the VAT rates applicable within their territories, in order to modernize the VAT system and the European Union (EU) single market.   The measure was announced originally by the European Commission … Read More

Louisiana Latest State to Enact Click-Through Nexus

Louisiana Latest State to Enact Click-Through Nexus

Just this month, Louisiana became one of the latest states to enact click-through nexus. Click-through nexus laws, otherwise commonly known as Amazon laws,  allow states to require out-of-state retailers to collect sales and use taxes on sales to their state’s residents. On March 14, 2016, Governor Edwards signed Act 22 into law, which became effective immediately.  The … Read More

Finland Public Spending Plans through 2020

Finland Public Spending Plans through 2020

Finland’s government has come to an agreement on public spending plans through 2020, which do not include changes to the VAT rates or direct taxes. There is an increase proposed for excise taxes for fuels but no other tax increases are proposed. Finland’s VAT rates are 24%, 14% and 10% and have remained unchanged since 2013. The government’s … Read More