Tax & Accounting Blog

SUCBs Fee in England – It’s in The Bag

SUCBs Fee in England – It’s in The Bag

In a piece of legislation that offers commentators a grab-bag of puns, many retailers in England will have to charge at least 5p for single use plastic carrier bags (SUCBs) effective 5 October 2015. The Single Use Carrier Bags Charges (England) Order 2015 is designed to reduce single-use plastic bag usage. The implementing legislation in its entirety … Read More

Highlights of IRS Publication 5165: How to Electronically File ACA Information Returns for Software Developers and Transmitters

Highlights of IRS Publication 5165: How to Electronically File ACA Information Returns for Software Developers and Transmitters

Blog, ONESOURCE September 10, 2015

If you plan to file IRS Forms 1095-B and/or 1095-C then this post is for you and your IT department. The IRS Publication (Pub) 5165 outlines the communication procedures, transmission formats, business rules and validation procedures for returns transmitted electronically through the AIR system. As I read through the provisions of Publication 5165 I noticed … Read More

Direct Tax Blog Series Part 1: How to Streamline Data, Process, and Calendar Management

Direct Tax Blog Series Part 1: How to Streamline Data, Process, and Calendar Management

Our 5-part Direct Tax blog series will offer insights from our experts on how to improve each key area of your direct tax process— from data preparation to reflection and analysis. In conversations with tax departments, here’s the challenge that rises to the top: Tax must connect several departments, often in various countries or regions, … Read More

Special Programs as a Tool to Support the Brazilian Exports Plan

Special Programs as a Tool to Support the Brazilian Exports Plan

Blog, Global Trade, ONESOURCE September 4, 2015

According to the Ministry of Development, Industry and Foreign Trade (MDIC), even though Brazil has the seventh largest economy in the world, it occupies the 25th position in the ranking of exporting countries. Source: http://www.mdic.gov.br/arquivos/dwnl_1435240866.pdf By analyzing the last four years’ data on the evolution of Brazilian participation in Global Trade Exports (the exception of … Read More