Tax & Accounting Blog

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Connect with Thomson Reuters at SAP Financials (March 19 to 22) and enter to win an iPad

Simplify Financial Tax Reporting by Connecting Your Indirect Tax and SAP Financial Systems Connect with Thomson Reuters at SAP Financials (March 19 to 22) and enter to win an iPad. Join us in Las Vegas as we showcase solutions that solve financial challenges around the world, especially in North America, Brazil, and Europe. Our latest … Read More

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British Columbia Provincial Sales Tax Regulations Now Published

British Columbia will re-implement its provincial sales tax effective 1 April 2013, at a general tax rate of seven percent.  In February the government introduced Bill 2, Provincial Sales Tax Transitional Provisions and Amendments Act, 2013, which included the transitional provisions as well as the final amendments necessary to re-implement the PST. The final legislative amendments … Read More

Iowa Conservation Groups To Clash With Governor For Sales Tax Hike?

Iowa Conservation Groups To Clash With Governor For Sales Tax Hike?

Representatives from multiple environmental, wildlife, gaming, parks, and conservation groups are supporting a measure to increase the state sales tax by 0.375% to provide sustainable funding through the constitutionally protected natural resources fund. The measure has already been approved in a Senate subcommittee, but if it makes it to Governor Terry Branstad, it is projected … Read More

Thomson Reuters ONESOURCE Indirect Tax in the Cloud Provides Companies with New Deployment Model to Achieve Compliance with Confidence

Thomson Reuters ONESOURCE Indirect Tax in the Cloud Provides Companies with New Deployment Model to Achieve Compliance with Confidence

New York, February 26, 2013 — Thomson Reuters introduces today ONESOURCE Indirect Tax in the cloud, an end-to-end solution that manages the entire indirect tax lifecycle. Available to companies of all sizes regardless of business operation complexity, ONESOURCE Indirect Tax in the cloud leverages Thomson Reuters proven and patented global on-premise software that … Read More

Florida Governor Wants to Eliminate Sales Tax on Purchases of Equipment

Florida Governor Wants to Eliminate Sales Tax on Purchases of Equipment

In an effort to encourage growth in manufacturing companies, Florida Governor Rick Scott has announced that he plans on working towards completely eliminating taxes on the purchase of equipment used in manufacturing. Prior to January 1, 2013, manufacturers were required to demonstrate that they were meeting a 10% “productive output” requirement in order to receive … Read More