Tax & Accounting Blog

Puebla Course Review

Puebla Course Review

Aumentum, Blog June 30, 2014

From May 26th to May 30th I had the opportunity to participate in the ‘Professional Development Course on Cadastre Applied to Land Management and Urban Financing. This course was organized by the Lincoln Institute, an American institution dedicated to the study and discussion of matters related to land use, regulation and taxing. The objective: to generate spaces for public dialogue between governments and entities in charge of land administration in Latin American countries. … Read More

July 2014 Sales & Use Tax Rate Update

July 2014 Sales & Use Tax Rate Update

Because July is a quarterly month as well as a mid-year point, the amount of sales and use tax activity within the 50 states is heavy this month. Listed below are rate changes effective July 1 2014.   RATE CHANGES ALABAMA: CASTLEBERRY 3% CASTLEBERRY (AGRICULTURAL ) 3% CASTLEBERRY, CITY SALES/USE TAX (MANUFACTURING ) 3% CASTLEBERRY, CITY RENTAL TAX (RENTAL ) 3.0% … Read More

New Thomson Reuters Data and Research Offering Provides Indirect Tax Information for Over 14,500 U.S. Jurisdictions

New Thomson Reuters Data and Research Offering Provides Indirect Tax Information for Over 14,500 U.S. Jurisdictions

New York – Thomson Reuters today announced the launch of ONESOURCE Indirect Tax Rates, a new data and research offering that provides sales and use tax information from over 14,500 tax authorities in the U.S. The customizable, constantly-updated data enables companies to conduct tax determination and calculation processes accurately and efficiently, ensuring their compliance with … Read More

The UK Bareboat Charter Measure and the Arm’s Length Standard

The UK Bareboat Charter Measure and the Arm’s Length Standard

Drilling rig multinationals often place ownership of their key assets – drilling rigs – in tax haven affiliates, which often lease this property to operating affiliates at lease rate around 14 percent of the value of the rigs.  The UK government argues that these intercompany lease rates are generous and result in … Read More