We’ve all heard the myths about cloud tax and accounting solutions, including the intimidating theories that the cloud is not secure, expensive, complicated, or not up to compliance standards. Plus, as accountants, we tend to get comfortable with the on-premise, perhaps outdated software we’ve already implemented. However, the state of the tax and accounting industry […] … Read More
There is almost no aspect of our personal and professional lives that cloud computing doesn’t touch. If you subscribe to at least one streaming service – like Netflix, Disney+, and Spotify, you’re in the cloud! Let’s say you don’t pay for a subscription to one of these businesses, but have photos and music on your […] … Read More
In the fast-paced technological environment we are living in, the meaning of hybrid working could, and probably will change rapidly over the coming years. What did hybrid working look like to you 20 years ago? What did it look like 2 years ago and where will it be in the next 20 years? I’m sure […] … Read More
The European Commission’s latest value-added tax (VAT) regulations for online sellers and marketplaces amount to countless pages of legislation, which could take a good deal of time to review, digest, and implement. If your e-commerce business-to-consumer (B2C) organisation is still trying to keep pace with the July 2021 changes, we have compiled a list of […] … Read More
New regulations in Norway and Romania illustrate further regulatory updates impacting European VAT compliance and reporting obligations as tax authorities push towards digitalisation and greater transparency. Our constant monitoring of VAT legislation ensures that ONESOURCE Indirect Compliance continues to support our clients seamlessly through evolving changes. Below are the specific Norwegian and Romanian VAT changes […] … Read More
Despite going live on 1 July 2021, the European Union’s new value-added tax (VAT) rules, which established the One-Stop Shop (OSS) online portal, still create confusion for online sellers. The latest e-commerce regulations not only impact more business-to-consumer (B2C) companies and transactions, but now demand a more detailed evaluation of your business models. For some […] … Read More