Tax & Accounting Blog

onesource

Highlights From ONESOURCE User Conference – Synergy 2013 – Day 1

We’ve kicked off Synergy 2013 — Do More With More! This jam-packed conference allows customers to engage with fellow tax professionals, learn best practices, and preview upcoming enhancements to several ONESOURCE solutions. Visit our YouTube channel, ONESOURCEglobal, to hear Irish McIntyre, VP Product Management, speak about this week’s events, including compelling customer videos … Read More

Ask An Indirect Tax Expert: Puerto Rico Sales and Use Tax Rate Change

Ask An Indirect Tax Expert: Puerto Rico Sales and Use Tax Rate Change

Question: Is there any news on the rate change for Puerto Rico? Answer from Tyler Nelson of ONESOURCE Indirect Tax: Yes, the Commonwealth of Puerto Rico is decreasing their sales and use tax rate from 6% to 5.5%, effective December 1st, 2013. If you use our OneSource Indirect Tax Determination product, this is already entered … Read More

onesource

November 2013 International Indirect Tax Updates

As a result of  current economic developments the following VAT changes came recently into effect. Pakistan New sales tax of 3% was imposed on fabrics. A 2% additional sales tax will be charged from manufacturers. On October 4th, 2013 the Government of Pakistan Ministry of Finance Tax Department issued a notice amending Notification No. S.R.O. … Read More