Tax & Accounting Blog

The CIO’s Role in Indirect Tax Compliance: Deploying Solutions on Spec and on Budget

The CIO’s Role in Indirect Tax Compliance: Deploying Solutions on Spec and on Budget

With many governments across the world facing revenue deficits, countries are continuing to accelerate their indirect tax audit initiatives with companies operating in their respective jurisdictions. These companies are facing an interesting dilemma: tax managers are in charge of compliance, but the implementation of technology used to drive compliance is in the hands of IT … Read More

Reminder from California BOE – Don’t Forget to Report Your Personal California Use Tax

Reminder from California BOE – Don’t Forget to Report Your Personal California Use Tax

The California Board of Equalization (BOE) is reminding taxpayers to report and pay the use tax they owe on their 2011 personal income tax returns.  To make things easier, they have created a Use Tax Lookup Table, which will estimate the amount of use tax that is owed.  The estimate is based on California Adjusted … Read More

Netherlands Pondering an Increase to The Reduced VAT Rate

Netherlands Pondering an Increase to The Reduced VAT Rate

Dutch Junior Finance Minister Frans Weekers is researching the effects of increasing the country’s reduced rate of value added tax from the current 6% to 8%. The reduced rate is applied to food, hairdressers, plasterers, newspapers and the floral industry. Minister Weekers proposed a similar increase last year which was met with strong protests.   Source:Read More