Tax & Accounting Blog

Thomson Reuters Tax Technology Leadership Summit 2019

Thomson Reuters Tax Technology Leadership Summit 2019

The 2019 Tax Technology Leadership Summit in London, revealed further indicators about how corporate tax teams are adapting now that the reality of increased regulation, and the impact of more digitally capable tax authorities are starting to bite. Highlights from the 2019 European Tax Technology Survey, which was released the same day also show that: […] … Read More

Managing Brexit implications on Indirect Tax and Global Trade

Managing Brexit implications on Indirect Tax and Global Trade

Indirect Tax A particular concern from an indirect tax perspective is that, depending on the terms of future trade agreements and the implementation of a transitional period, the UK may see the rate of duty rise. This would subsequently impact the total costs to the business. Additionally, EU-imposed statistical reporting and supplementary filings such as […] … Read More

France Ratifies OECD Multilateral Competent Authority Agreement for the Automatic Exchange of CbC reports

France Ratifies OECD Multilateral Competent Authority Agreement for the Automatic Exchange of CbC reports

On April 28, 2017, France issued Decree No. 2017-672, ratifying the OECD Multilateral Competent Authority Agreement for the Automatic Exchange of CbC reports (“CbC MCAA”), which was signed in Paris on January 27, 2016. On October 1, 2016, France implemented the CbC reporting requirements introduced in the 2016 Finance Act, which will apply for fiscal […] … Read More

OECD Provides Guidance on Application of BEPS MLI

OECD Provides Guidance on Application of BEPS MLI

On June 7, 2017, the OECD held a signing ceremony for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS (“MLI”).  See BEPS Action 15.  67 countries and jurisdictions signed the MLI and eight jurisdictions have expressed their intent to sign. The OECD expects an additional 25-30 countries to sign the MLI. Approximately 1,100 tax treaties will be […] … Read More

Recap: SAP Ariba Live, Prague 12-14 June 2017

Recap: SAP Ariba Live, Prague 12-14 June 2017

Following the success of the Thomson Reuters attendance at and sponsorship of SAP Ariba Live in Las Vegas, Alex Ellis (Head of Enterprise Sales EMEA) and Kim Hau (Indirect Tax Proposition Manager EMEA), along with 1,500 other sponsors and procurement leads attended the SAP Ariba Live conference for Europe, held at the Hilton hotel in […] … Read More

Recap: ONESOURCE Digital Reporting Workshop 7-8th June 2017

Recap: ONESOURCE Digital Reporting Workshop 7-8th June 2017

Tax and fiscal authorities are being more creative about how they audit financial data for tax purposes and we are seeing a growing trend towards digital reporting of tax data which increases the burden on taxpayers to provide orderly and accurate records, closer to, or, in real-time. On the 7-8 June 2017, we held a […] … Read More