Tax & Accounting Blog

Sales and Use Tax Non-Collection Becomes a PR Risk for Online Sellers

Sales and Use Tax Non-Collection Becomes a PR Risk for Online Sellers

By Rebecca Newton-Clarke, J.D., Senior Editor, Checkpoint Catalyst This article first appeared in State & Local Tax Update, Thomson Reuters Checkpoint, 03/15/2018, and is the second installment in a special series dedicated to recent nexus developments. Last year, the Connecticut Department of Revenue Services sent requests for information to several large out-of-state internet sellers. The … Read More

Canada’s 2018 Draft Federal Budget Includes BEPS Provisions

Canada’s 2018 Draft Federal Budget Includes BEPS Provisions

On February 27, 2018, Canada released its draft Federal Budget 2018, which was tabled in the House of Commons. The Budget contains numerous BEPS provisions, including reporting requirements on beneficial ownership of trusts, and specific rules for foreign affiliates. Reporting Requirements of Beneficial Ownership of Trusts To improve the collection of … Read More