Tax & Accounting Blog

California Board of Equalization Door-to-Door Visits

California Board of Equalization Door-to-Door Visits

The California Board of Equalization (BOE) is continuing to conduct door-to-door, in-person visits of businesses located in select zip code areas.  On July 3rd, it was announced that businesses in the following zip codes would be visited: • Marina (93933) • Castroville (95012) • Chualar (93925) • Moss Landing (95039) • Oxnard (93033, 93035, 93036) Since 2008, the BOE has … Read More

Abe to Decide on Consumption Tax Increase in December

Abe to Decide on Consumption Tax Increase in December

Japan’s second increase in the Consumption Tax could occur on 1 October 2015 and the Prime Minister will make a decision in December regarding the increase. The economy has weathered the effects of the April 2014 increase and the Prime Minister will look for 2% GDP growth for the increase. http://www.japantimes.co.jp/news/2014/07/17/business/economy-business/abe-seen-needing-2-growth-this-quarter-to-hike-sales-tax-again/Read More

Thailand Maintains 7% VAT Rate until October 2015

Thailand Maintains 7% VAT Rate until October 2015

Thailand’s ruling National Council for Peace and Order has extended the 7% VAT rate until 30 September 2015. The VAT rate in Thailand is set by the Revenue Code at 10%. In 2012, the rate was scheduled to increase to 10% but the 7% rate was extended until 2014. Source: http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5707170010009 Read More

2014 West Virginia Industrial Business Property Return Requirements, Filing Address and Extension

2014 West Virginia Industrial Business Property Return Requirements, Filing Address and Extension

West Virginia law provides that all industrial property owners must file the WV STC 12:32I Industrial Business Property Return. Industrial property, as defined in WV Code § 11-1c-10, is any real and personal property, integrated as a functioning unit intended for the assembling, processing and manufacturing of finished or partially finished goods. An … Read More