Tax & Accounting Blog

How to Effectively Resource, Oversee, Analyze, and Manage Global Compliance and Reporting

How to Effectively Resource, Oversee, Analyze, and Manage Global Compliance and Reporting

This blog is dedicated to sharing ideas and case studies on how companies effectively manage risk and reduce costs related to global compliance and reporting processes and services. Managing global compliance and reporting requirements, whether through internal processes or outsourced services, is a challenging yet important endeavor for organizations of all sizes. An organization needs … Read More

Brazil FTZ Extended to 2073

Brazil FTZ Extended to 2073

On Tuesday of last week, the camera of deputies of the Brazilian federal senate enacted Emenda Constitucional 83, which extends the constitutional term allowed to the Zona Franca de Manaus (Free Trade Zone of Manaus) until the year 2073. This program has operated since before the federal constitution of 1988 with the intent to develop … Read More

Sales Tax Burden Holds Steady for U.S. Consumers and Businesses in Q2 2014

Sales Tax Burden Holds Steady for U.S. Consumers and Businesses in Q2 2014

New York – The U.S. sales tax burden was unchanged in the second quarter of 2014, according to the latest ONESOURCE Indirect Tax rate report from Thomson Reuters. “We are clearly in the midst of a stabilizing trend for domestic tax rates,” said Bernadette Sablan, Director of Tax Research and Content at Thomson … Read More

Virginia Attorney General’s Advisory Opinion About Dual Taxation

Virginia Attorney General’s Advisory Opinion About Dual Taxation

Virginia’s Senator Richard H. Black requested an official advisory opinion from Attorney General Mark R. Herring regarding a county and town assessing business tangible personal property and if this is dual taxation. On July 16th the opinion written is that both town and county may concurrently assess tangible personal property taxes when the … Read More