Tax & Accounting Blog

Does Ritz-Carlton Deserve the Fine for Uplifting Price after China VAT Reform?

Does Ritz-Carlton Deserve the Fine for Uplifting Price after China VAT Reform?

In late July, Ritz-Carlton and Crown Plaza hotels in Beijing, together with other four companies in the real estate and hospitality (hotel, catering) sectors, were fined by China for using VAT reform to justify price uplift. Based on complaints received by price watchers, the National Development and Reform Commission (NDRC) led an investigation … Read More

Assam Ratifies GST Amendment

Assam Ratifies GST Amendment

The GST Amendment has been ratified first in the north-eastern Indian state of Assam. The BJP which is the majority at the national level, also is in the majority in Assam Legislative Assembly. The BJP controls the state assemblies in the following states: Gujarat Madhya Pradesh Chhattisgarh Rajasthan Goa Haryana Maharashtra Jharkhand So it … Read More

Meet the 2015 Taxologist Awards Winners: Part 3

Meet the 2015 Taxologist Awards Winners: Part 3

In the workplace, it’s hard to argue with ideas and actions that deliver real value throughout the enterprise. This is precisely what Taxologists do. Taxologists are the tax professionals who use technology to reduce risk and automate processes. The outcome of their work transcends their own departments. They improve how tax departments achieve their mandate, … Read More

Free Trade Agreement (FTA) Automation

Free Trade Agreement (FTA) Automation

Blog, Global Trade August 12, 2016

In some companies upper management may not have a complete understanding of the importance of trade compliance leading to a perception of a lack of value tied to what the department does.  With this type of atmosphere, trade compliance personnel may be tasked with justifying the size or even existence of the department.  Even without … Read More

Meet the 2015 Taxologist Awards Winners: Part 2

Meet the 2015 Taxologist Awards Winners: Part 2

In the workplace, it’s hard to argue with ideas and actions that deliver real value throughout the enterprise. This is precisely what Taxologists do. Taxologists are the tax professionals who use technology to reduce risk and automate processes. The outcome of their work transcends their own departments. They improve how tax departments achieve their mandate, … Read More