Tax & Accounting Blog

New disaster relief credits available to help you help your clients

New disaster relief credits available to help you help your clients

When disasters strike, the last thing your clients are thinking about are their taxes. Yet they will likely be looking for assistance and financial guidance to help them get through such difficult and trying times. Finding out that his/her business is eligible for a disaster relief credit could potentially be critical for a client desperately … Read More

Colombia Issues Draft VAT Regulations for Digital Business Platforms

Colombia Issues Draft VAT Regulations for Digital Business Platforms

On June 8, 2018, the Colombian tax authority (Dirección de Impuestos y Aduanas Nacionales or DIAN) issued draft regulations (Resolution No. 000000 08-06-2018) on VAT registration and withholding requirements for foreign digital business platforms (e.g., Uber, Netflix, Airbnb) that will apply from July 1, 2018. The draft regulations are discussed below. Public comments are … Read More

Supreme Court Abandons Physical Presence Standard: An In-Depth Look at South Dakota v. Wayfair

Supreme Court Abandons Physical Presence Standard: An In-Depth Look at South Dakota v. Wayfair

By Sarah Horn (J.D., Editor, Checkpoint Catalyst), Jill McNally (J.D., Editor, Checkpoint), Rebecca Newton-Clarke (J.D., Senior Editor, Checkpoint Catalyst), and Melissa Oaks (J.D., LL.M., Managing Editor, Checkpoint Catalyst) On June 21, 2018, the U.S. Supreme Court issued a decision in South Dakota v. Wayfair, 1 overturning the physical presence standard espoused in Quill v. … Read More