Tax & Accounting Blog

Wind Energy Conversion Property now taxable for ad valorem tax purposes in Maui County

Wind Energy Conversion Property now taxable for ad valorem tax purposes in Maui County

Recent tax changes in Maui county will effect companies that possess alternative energy equipment. Maui County had adopted Ordinance No. 4013, Bill No. 9, which will be effective January 1, 2014, where it redefines “property” to include any and all wind energy conversion property to be taxable for the ad valorem tax purposes. Examples include, … Read More

IRS Corrects Error and Reissues Publication 515 for 2013 Tax Withholding on Nonresident Aliens and Foreign Entities

IRS Corrects Error and Reissues Publication 515 for 2013 Tax Withholding on Nonresident Aliens and Foreign Entities

If you downloaded IRS Publication 515 when the 2013 edition was first released by the IRS, you’ll need to replace it with a corrected version. Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities, provides information about withholding U.S. income tax, documenting the beneficial owners of U.S.-source income, and the claims a … Read More

March FATCA Webcasts for AP Departments and Trusts

March FATCA Webcasts for AP Departments and Trusts

This year is a pivotal time for new tax regulations. We’re here to help with webcasts throughout the year that address the new regulations head on. For March, we address how the rules affect accounts payable and U.S. payers in trust, bank and brokerage. Join us as Jerri LS Langer, JD, LLM and Marianne Couch, … Read More

onesource

British Columbia Provincial Sales Tax Regulations Now Published

British Columbia will re-implement its provincial sales tax effective 1 April 2013, at a general tax rate of seven percent.  In February the government introduced Bill 2, Provincial Sales Tax Transitional Provisions and Amendments Act, 2013, which included the transitional provisions as well as the final amendments necessary to re-implement the PST. The final legislative amendments … Read More

ONESOURCE Property Tax Announces February 2013 Release

ONESOURCE Property Tax Announces February 2013 Release

Thomson Reuters is pleased to announce the February 2013 release of ONESOURCE Property Tax. A few of the enhancements included in this release are: • Sum Tool: o The legacy Asset Manager Sum tool is now available for most Centers as a tab in the navigation panel. • Tab Filters: o The ability to include … Read More