Tax & Accounting Blog

Delays To New Software Services Tax in Massachusetts

Delays To New Software Services Tax in Massachusetts

On July 31, 2013 a new software services tax on certain software purchases went into effect in Massachusetts. This new tax law applies to the sales and use tax reporting for “computer system design and to modification, integration, enhancement, installation, or configuration of standardized or prewritten software.” Due to heavy support for the repeal of … Read More

New Canadian Withholding Tax Documentation Requirements

New Canadian Withholding Tax Documentation Requirements

The Canada Revenue Agency (CRA) has changed its procedures for determining whether non-residents can claim a reduced rate of withholding tax under a tax treaty. Background Canada imposes a 25% withholding tax on certain types of Canadian source income paid to nonresidents of Canada.  Residents of countries with which Canada has a treaty may be … Read More

ONESOURCE Property Tax Announces September Release

ONESOURCE Property Tax Announces September Release

Thomson Reuters is pleased to announce the September 2013 release of ONESOURCE Property Tax. This release includes many enhancements to the Workflow Center as well as many other exciting upgrades. Additional features and enhancements include the following: Navigation and Cross-Center Tools Defined Views: Increased speed has made the define view process more efficient. Added Checkbox: A … Read More