Tax & Accounting Blog

Enjoy Lunch While We Enhance Your Sales, Use, and VAT Compliance Processes October 27, 2011 – Atlanta, GA

Enjoy Lunch While We Enhance Your Sales, Use, and VAT Compliance Processes October 27, 2011 – Atlanta, GA

Join ONESOURCE Indirect Tax (formerly Sabrix, Inc.) Thursday, October 27, 2011 for this complimentary workshop & luncheon as we cover a comprehensive analysis of your transaction tax lifecycle. Learn how to gain command of your tax processes by leveraging the ONESOURCE Indirect Tax global solution for end-to-end tax determination and compliance. Date: Thursday, October … Read More

Sales Tax: Marketplace Equity Act Introduced in Congress

Sales Tax: Marketplace Equity Act Introduced in Congress

Last week Representative Steve Womack (R-Arkansas) and Representative Jackie Speier (D-California) introduced a bill dubbed the  Marketplace Equity Act (MEA). If passed this legislation would give all states the authority to require online retailers with no presence in the state to collect sales tax from residents who buy their … Read More

Will Congress Repeal the 3% Tax Withholding Law Affecting Government Payers for Goods and Services?

Will Congress Repeal the 3% Tax Withholding Law Affecting Government Payers for Goods and Services?

The U.S. House of Representatives Committee on Ways and Means voted on October 13 to approve H.R. 647, a legislative bill for repeal of Section 3402(t) of the Internal Revenue Code, the law which requires government entities to withhold 3% federal income tax from certain payments for services and for property.  In the U.S. Senate, … Read More