Tax & Accounting Blog

European Commission Issues Economic Policy Recommendations

The European Commission released policy recommendations on Monday June 2, 2014  for 26 EU member states. The recommendations are designed to strengthen the economic recovery of the last year, and include country-specific recommendations. The Commission identifies areas of progress including an expectation that all EU economies will grow in 2015, an overall improvement in public finances … Read More

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