Tax & Accounting Blog

New Thomson Reuters Integration Solution for Use with SAP® ERP Set to Transform the Indirect Tax Determination and Compliance Process

New Thomson Reuters Integration Solution for Use with SAP® ERP Set to Transform the Indirect Tax Determination and Compliance Process

New York — Thomson Reuters today announced the release of a new global integration framework for its market-leading ONESOURCE Indirect Tax solution. Known as ‘Global Next,’ this integration software was built to enable ONESOURCE Indirect Tax software to work together with the SAP® ERP application to handle global indirect taxes. Read press release.Read More

ONESOURCE Indirect Tax Webinar Series: Sales & Use Tax Compliance Reporting

ONESOURCE Indirect Tax Webinar Series: Sales & Use Tax Compliance Reporting

Join us on March 24, 2014 at 10:00AM PDT (1:00PM EDT) for part 1 of 6 of our webinar series on Sales & Use Tax Compliance Reporting.  A subject matter expert from Thomson Reuters ONESOURCE Indirect Tax, will discuss automating sales and use tax compliance reporting with technology. Listen in on this discussion as we explore how technology significantly enhances … Read More

OECD on Comparability Data for Developing Nations – Cart Before the Horse?

OECD on Comparability Data for Developing Nations – Cart Before the Horse?

The OECD recently released their draft paper titled Transfer Pricing Comparability Data and Developing Countries, which asks several important questions.  As I read this document, my two questions were: Is the OECD’s apparent call for having the choice of transfer pricing methodology being dependent on the nature of available data putting the cart … Read More

Transfer Pricing brings global industry experts together as it continues to be center stage for multinationals

Transfer Pricing brings global industry experts together as it continues to be center stage for multinationals

This year’s IBC International Transfer Pricing Summit (TP Minds) in London continued to highlight the debate that is currently raging across the tax profession: “Base Erosion and Profit Shifting.” BEPS is the current focus of the OECD which has produced a series of reports that could have a major impact on the taxation of … Read More

Operational Transfer Pricing – Going from the Tax Provision to New Documentation Requirements

Operational Transfer Pricing – Going from the Tax Provision to New Documentation Requirements

As your CFO worked with your company’s financial auditors to prepare for the filing of your 10-K, you may have been tasked with the tax provision under ASC 740-10 (formerly FIN 48).  As a multinational corporation, your financial auditors are likely asking a lot of questions as to whether your intercompany pricing … Read More