Tax & Accounting Blog

In 2013 the European Commission (the Commission) announced a plan to standardize and simplify the VAT returns amongst the Member States in order to diminish the administrative burden faced by the businesses in the European Union (EU) by establishing a uniform set of rules for filling VAT returns. However, after years of discussion, the Commission … Read More

The Panama Papers is one of the most talked about leaks since WikiLeaks[1].  The Panama Papers were released this past April to over 400 journalists and consisted of 11.5 million files, some dating back to the 1970’s, from Panamanian law firm Mossack Fonseca, one of the world’s largest offshore providers.  The leak represented … Read More

Meet Andy Smith, product manager of document management and workflow at Thomson Reuters. Andy, a CPA with two master’s degrees, joined the company in 2014 after working in public and corporate accounting at large firms and running his own small firm. Andy is based in our Dexter office. Solutions: As product manager of document management … Read More

Last week, Greek officials have announced that the country will adopt a series of tax and economic measures in order to comply with fiscal targets agreed with its creditors. On negotiations held last month Greece and the representatives of the institutional creditors (European Commission, European Central Bank, International Monetary Fund and European Stability Mechanism) … Read More

The new form W-8BEN-E has been released by the IRS. This means withholding agents will be required to gather this new form from beneficial owners going forward. Organizations will need to change systems and processes to accommodate this new form and validate all relevant details involved. In addition, the new form adds extra complexity to … Read More

Manal Corwin is national leader of the International Tax practice of KPMG LLP and principal in charge of International Tax Policy in the firm’s Washington National Tax practice. She is also the former deputy assistant secretary for International Tax Affairs in the Office of Tax Policy at the U.S. Department of the Treasury. While at … Read More