Tax & Accounting Blog

Louisiana Legislature Reinstates Suspended Sales Tax Exemptions

Louisiana Legislature Reinstates Suspended Sales Tax Exemptions

Earlier this year, the Louisiana State Legislature held an extraordinary session to address their state’s looming budget shortfall. To produce badly needed revenue, the state suspended its complicated array of sales tax exclusions and exemptions, temporarily replacing them with a much shorter list of products and services not subject to tax. However, Gov. John … Read More

Part 2: Multiple Country-by-Country Reports & Multiple XML Schema

Part 2: Multiple Country-by-Country Reports & Multiple XML Schema

On March 22, 2016, the OECD published its standardized electronic format for the exchange of Country-by-Country (“CbC”) Reports between Competent Authorities, including the CbC extensible markup language (“XML”) schema and related User Guide. Both documents were developed to assist the speedy and consistent implementation of CbC Reporting with a view to accommodating the electronic … Read More