Tax & Accounting Blog

Thomson Reuters Reinforces Global Indirect Tax Leadership Position with Limited Release of New Integration for SAP

Thomson Reuters Reinforces Global Indirect Tax Leadership Position with Limited Release of New Integration for SAP

New York – Thomson Reuters today announced a new version of ONESOURCE Indirect Tax Integration for SAP designed to meet the indirect tax needs of global companies doing cross border business in the regions of EMEA, Asia Pacific, Latin America, and North America.>>Press Release Thomson … Read More

Extension on Time to Petition Assessor for a Review In West Virginia

Extension on Time to Petition Assessor for a Review In West Virginia

Effective 7/29/2013, taxpayers now have eight business days instead of five business days to petition an assessor for review of valuation, once they have been notified of an increased assessment, either by personal receipt or by publication.  This extension of time applies to both real and business personal property. The definition of a “business day” … Read More

Tennessee — Amendments Regarding the Valuation of Green Energy Source Property

Tennessee — Amendments Regarding the Valuation of Green Energy Source Property

Changes have been made to legislation regarding green energy source property valuation, effective 4/29/13:   The maximum wind source property value cannot initially exceed one-third of total assessed costs. The maximum solar source property value cannot initially exceed 12.5% of total installed costs. Other green source property’s maximum value cannot initially exceed its appropriate capacity … Read More