Tax & Accounting Blog

Calculating the benefits of indirect tax software: Making the business case

Calculating the benefits of indirect tax software: Making the business case

Corporate tax teams that want to invest in an automated indirect tax solution can’t simply declare to decision-makers that efficiencies, cost savings, and a host of other benefits will magically start boosting the bottom line once the software is activated. Rather, to make a persuasive case for investment in automation, tax teams must explain: where […] … Read More

Digitalise the indirect tax life cycle to future-proof your organisation

Digitalise the indirect tax life cycle to future-proof your organisation

Improvements in technology have fundamentally changed tax authority expectations on how much data a company can provide and when. For many companies, digitalisation is the only way to stay compliant as authorities migrate to a real-time, digital indirect tax environment. In a recent webinar organised by Thought Leadership Global in partnership with Thomson Reuters, a  […] … Read More

How digitisation affects VAT compliance

How digitisation affects VAT compliance

The ongoing changing landscape of indirect tax processes and reporting obligations has seen the digitisation of tax authorities around the world gather pace. However, that brings, a corresponding impact on tax functions, giving them little time to adapt to this change. From a compliance point of view, there are challenges as multinationals try to address […] … Read More

Top 20 FAQs about the EU VAT One-Stop Shop

Top 20 FAQs about the EU VAT One-Stop Shop

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

How to leverage ONESOURCE for regulatory changes across Norway and Romania

How to leverage ONESOURCE for regulatory changes across Norway and Romania

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