Tax & Accounting Blog

New York – Thomson Reuters announced Tuesday, July 16, 2013 that Avangate, a provider of commerce solutions for software and information services companies, is leveraging ONESOURCE Indirect Tax to help its customers comply with changing indirect tax laws such as the Marketplace Fairness Act (MFA). Already passed by the Senate and currently in … Read More

By Kevin Jackson Vice President, Product Development Tax & Accounting, Government This morning, our team in the Portage, MI office along with others across TRTA-Government, gathered in order to celebrate one of our own.  Tammy Riggs was recently recognized by Women Engineer magazine for her efforts and career here at Thomson Reuters. This … Read More

The IRS Large Business and International Division has announced that all Information Document Requests (lDRs) issued after June 30, 2013, must comply with certain new principles. If the new rules are not followed, IDRs will not have effect. Moreover, any existing Memorandum of Understanding relating to IDR management that does not comply with the … Read More

In his 2013-14 budget presentation on Friday 12 July 2013 Chief Minister Siddaramaiah proposed to maintain the increased VAT rates of 5.5% and 14.5% beyond 31 July.  The rates had previously been scheduled to revert to 5% and 14% on 1 August, however Siddaramaiah said during the presentation that maintaining the higher rates was necessary as the amount … Read More

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Ohio Governor John Kasich signed an executive order on 9 July 2013 directing the Tax Commissioner to take the necessary steps to apply to the Streamlined Sales and Use Tax Governing Board for full Streamlined Sales and Use Tax Project membership. The state of Ohio became an associate member of the Streamlined Sales Tax Project … Read More