Tax & Accounting Blog

Overcome the new One-Stop Shop’s challenges and unlock its opportunities

Overcome the new One-Stop Shop’s challenges and unlock its opportunities

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

Is your e-commerce business ready for the new Import One-Stop Shop EU VAT rules? Tips for tax compliance

Is your e-commerce business ready for the new Import One-Stop Shop EU VAT rules? Tips for tax compliance

If you are a business-to-consumer (B2C) e-commerce organisation supplying goods that will be imported into the European Union (EU), then you should already be aware of the Import One-Stop Shop (IOSS) rules that came into effect on 1st July 2021, marking an overhaul of the indirect tax regime across the union. These new rules remove […] … Read More

How can you improve your digital tax transformation journey? 

How can you improve your digital tax transformation journey? 

If you are making your way through your own tax transformation journey, then you may be interested in the on-demand version of a recent webinar.  The “Tax transformation: Steps to leverage your tax digitisation journey” discussion took place on 26 May and explored the journeys through indirect tax transformation experienced by a global group of panellists from the EU and USA.   Who were the speakers?  Byron King, Director Professional Services, Thomson Reuters, hosted […] … Read More

Interview: Why does the tax engine matter in 2021?

Interview: Why does the tax engine matter in 2021?

As 2021 gets underway, and everyone is looking forward to a brighter year, we took the opportunity to catch up online with Toby Gallington, Head of Germany and Austria, Tax Technology, and Jeroen van Asch, Sales Specialist Nordics, from Thomson Reuters.  We wanted to speak with them about the challenges facing tax professionals, how that […] … Read More