Tax & Accounting Blog

California Board of Equalization Door-to-Door Visits

California Board of Equalization Door-to-Door Visits

The California Board of Equalization (BOE) is continuing to conduct door-to-door, in-person visits of businesses located in select zip code areas.  On July 3rd, it was announced that businesses in the following zip codes would be visited: • Marina (93933) • Castroville (95012) • Chualar (93925) • Moss Landing (95039) • Oxnard (93033, 93035, 93036) Since 2008, the BOE has … Read More

Abe to Decide on Consumption Tax Increase in December

Abe to Decide on Consumption Tax Increase in December

Japan’s second increase in the Consumption Tax could occur on 1 October 2015 and the Prime Minister will make a decision in December regarding the increase. The economy has weathered the effects of the April 2014 increase and the Prime Minister will look for 2% GDP growth for the increase. http://www.japantimes.co.jp/news/2014/07/17/business/economy-business/abe-seen-needing-2-growth-this-quarter-to-hike-sales-tax-again/Read More

Thailand Maintains 7% VAT Rate until October 2015

Thailand Maintains 7% VAT Rate until October 2015

Thailand’s ruling National Council for Peace and Order has extended the 7% VAT rate until 30 September 2015. The VAT rate in Thailand is set by the Revenue Code at 10%. In 2012, the rate was scheduled to increase to 10% but the 7% rate was extended until 2014. Source: http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5707170010009 Read More