Tax & Accounting Blog

Top 10 Audit Pitfalls and How to Address Them

Top 10 Audit Pitfalls and How to Address Them

Indirect tax, also known around the world as transaction tax, value added tax (VAT), goods and services tax (GST) or sales & use tax, is one of the top revenue sources for local and national governments worldwide. With many governments still struggling to address massive budget shortfalls, it is not surprising that they are tinkering … Read More

Transfer Pricing and Customs Valuations:  Will Your Adjustment Be Recognized?

Transfer Pricing and Customs Valuations: Will Your Adjustment Be Recognized?

What do you do when you need to make a transfer pricing adjustment, but the goods were delivered to the buyer in a prior tax year?  From a financial reporting and tax return perspective, the company within the local jurisdiction may or may not respect the adjustment.  But is that the end of the issue? … Read More

Thomson Reuters Reinforces Global Indirect Tax Leadership Position with Limited Release of New Integration for SAP

Thomson Reuters Reinforces Global Indirect Tax Leadership Position with Limited Release of New Integration for SAP

New York – Thomson Reuters today announced a new version of ONESOURCE Indirect Tax Integration for SAP designed to meet the indirect tax needs of global companies doing cross border business in the regions of EMEA, Asia Pacific, Latin America, and North America.>>Press Release Thomson … Read More

SAP EcoHub Webinar featuring The Dow Chemical Company – Save Time, Money, and Sanity with a Simpler Way to Keep Track of Indirect Tax

SAP EcoHub Webinar featuring The Dow Chemical Company – Save Time, Money, and Sanity with a Simpler Way to Keep Track of Indirect Tax

As a worldwide industry leader, The Dow Chemical Company connects chemistry and innovation to help address many of the world’s most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow has also figured out how to determine, calculate, and record its transaction taxes using SAP software to … Read More