Tax & Accounting Blog

ONESOURCE Property Tax Announces September Release

ONESOURCE Property Tax Announces September Release

Thomson Reuters is pleased to announce the September 2013 release of ONESOURCE Property Tax. This release includes many enhancements to the Workflow Center as well as many other exciting upgrades. Additional features and enhancements include the following: Navigation and Cross-Center Tools Defined Views: Increased speed has made the define view process more efficient. Added Checkbox: A … Read More

Delivery Of Notices By Certified Mail In Texas

Delivery Of Notices By Certified Mail In Texas

Texas has recently passed legislation that adds new requirements to the processes of mailing property-related notices. 1.       Notice of Representation By Agent Effective September 1, 2013, recently passed legislation states that a designated agent of a property owner can rescind his or her representation by mailing a notice of revocation by certified mail to the … Read More

Montana Gives Property Tax Relief To Those Affected By Wildfires

Montana Gives Property Tax Relief To Those Affected By Wildfires

The Montana Department of Revenue encourages Montana property owners and businesses whose homes, outbuildings, forestland, buildings, or equipment are damaged or destroyed during wildfire season to apply for property tax relief. Tax relief may also be provided to property owners or businesses whose assets are partially or completely destroyed by wildfire and are no longer … Read More

Why Nature of Income Paid to Foreign Vendors Matters Part 6 – Exemptions from Withholding

Why Nature of Income Paid to Foreign Vendors Matters Part 6 – Exemptions from Withholding

Whether an exemption from withholding under either income tax rules or an applicable income tax treaty applies depends on the character of the U.S.-source income being paid (as defined by U.S. tax rules). For example, a foreign vendor with income that is effectively connected to the conduct of a U.S. trade or business (called “ECI”) … Read More