Tax & Accounting Blog

Calculating Sales Tax on Mobile Food Vendors is not a Dessert Truck Piece of Cake

Calculating Sales Tax on Mobile Food Vendors is not a Dessert Truck Piece of Cake

The California Board of Equalization recently issued Publication 287  which discusses Mobile Food Vendors.  Reviewing the publication reminds me how challenging sales and use tax administration can be for a mobile vendor. The sales tax rate to be charged is based on the location where the sale is made.  This can be challenging … Read More

Sales Tax Burden Stays Flat for U.S. Consumers and Businesses in Q1 2014

Sales Tax Burden Stays Flat for U.S. Consumers and Businesses in Q1 2014

New York – U.S. sales tax burden stayed flat, and indirect tax changes declined in the first quarter of 2014, according to the latest ONESOURCE Indirect Tax rate report from Thomson Reuters. Thomson Reuters quarterly ONESOURCE Indirect Tax rate report summarizes changes in sales, use and value added taxes. In Q1 2014, state … Read More

Florida Back-To-School Sales Tax Holiday

Florida Back-To-School Sales Tax Holiday

As the summer months approach, states are beginning to gear up to help their citizens bear the cost of schools supplies by enacting savings on back to school expenses through sales tax holidays. Florida is among the list of states that have passed legislation, including bills for back-to-school, hurricane preparedness and energy efficiency sales tax holidays. The hurricane … Read More

Complexities of the Food & Beverage Industry

Complexities of the Food & Beverage Industry

Join us on April 29, 2014 at 10:00AM PDT (1:00PM EDT) as a subject matter expert from Thomson Reuters ONESOURCE Indirect Tax, discusses the sales and use tax complexities of the food and beverage industry. Discussions will include: • Who is subject to food & beverage taxes? – It’s not just for restaurants anymore • How does … Read More

$1 Billion Software Company TIBCO Selects Thomson Reuters to Consolidate its Global Sales, Use and Value-Added Tax Determination

$1 Billion Software Company TIBCO Selects Thomson Reuters to Consolidate its Global Sales, Use and Value-Added Tax Determination

New York – Thomson Reuters announced today that TIBCO Software Inc. has selected ONESOURCE Indirect Tax Determination to automate and centralize the determination, calculation and reporting of sales tax, use tax, goods and services tax (GST), value-added tax (VAT), and other country-specific taxes. TIBCO already uses ONESOURCE Indirect Tax for sales and use … Read More