Tax & Accounting Blog

2013 Property Tax Assessment Notices Mailed in Washington DC

2013 Property Tax Assessment Notices Mailed in Washington DC

The District of Columbia Office of Tax and Revenue (OTR) has begun mailing tax year 2013 real property tax assessment notices to real property owners. The OTR reassessed a total of 190,000 taxable and exempt real properties to reflect current market values as of January 1, 2012, with residential properties showing a decrease of 0.43% … Read More

Cracking Down on International Tax Loopholes- OECD Findings

Cracking Down on International Tax Loopholes- OECD Findings

Hybrid methods use by multinationals for tax evasion are likely to increase scrutiny and additional UTP concerns. This is the basis for the recent OECD report, Hybrid Mismatch Arrangements: Tax Policy and Compliance Issues.  The 27-page report  highlights the use of hybrid methods arrangements to exploit differences in tax … Read More

The CIO’s Role in Indirect Tax Compliance: Deploying Solutions on Spec and on Budget

The CIO’s Role in Indirect Tax Compliance: Deploying Solutions on Spec and on Budget

With many governments across the world facing revenue deficits, countries are continuing to accelerate their indirect tax audit initiatives with companies operating in their respective jurisdictions. These companies are facing an interesting dilemma: tax managers are in charge of compliance, but the implementation of technology used to drive compliance is in the hands of IT … Read More