Tax & Accounting Blog

How Adobe and Cisco prove the case for indirect tax technology

How Adobe and Cisco prove the case for indirect tax technology

Overcoming indirect tax compliance challenges with ONESOURCE delivers competitive advantage for FTSE and global technology leaders The technology sector is celebrated for constant innovation, yet many large tech businesses in the UK and across Europe remain constrained by outdated systems, mounting technology debt, and the rapid evolution of indirect tax regulations. As organisations expand globally […] … Read More

Why Thomson Reuters is the best choice for corporate tax professionals

Why Thomson Reuters is the best choice for corporate tax professionals

In today’s rapidly evolving business landscape, companies of all sizes are upgrading their technological infrastructure to improve productivity and remain competitive. These “digital transformations” typically involve transitioning to a cloud-based business system, and they are important to corporate tax leaders because the tax function touches virtually every aspect of a modern organisation. Consequently, tax leaders […] … Read More

How ESG-embedded statutory reporting solutions can protect your business

How ESG-embedded statutory reporting solutions can protect your business

With over 150 years of trusted content knowledge and expertise in global trade, compliance, and regulatory requirements, Thomson Reuters understands that maintaining an impeccable corporate governance record in today’s complex environment is extremely challenging, and mistakes can be very costly. The rapid increase in accessible data across disparate and unconnected systems makes keeping track of […] … Read More

Global Trade Report highlights: Implications for UK global trade specialists

Global Trade Report highlights: Implications for UK global trade specialists

As international trade continues to evolve, the complexities of supply chain management have become more challenging than ever. With shifting geopolitical dynamics, regulatory changes, and technological advancements, global trade specialists are tasked with staying informed and agile to manage the intricate web of international commerce. The 2024 Global Trade Report sheds light on these multifaceted […] … Read More

How corporate tax departments are applying indirect tax technology

How corporate tax departments are applying indirect tax technology

Businesses must innovate and adapt to the changing indirect tax landscape to stay competitive. Corporate tax departments are using technology increasingly as a strategic partner to address these issues. Insight on how indirect tax departments intend to use technology to transform their operations can be found in a recent study conducted by the Thomson Reuters Institute. Accepting […] … Read More

The future of Global Minimum Tax: What to expect in 2024

The future of Global Minimum Tax: What to expect in 2024

In 2024, the new Global Minimum Tax (GMT) regime comes into force under the OECD’s base erosion and profit-shifting (BEPS) reforms. Designed to prevent the practice of moving profits to lower tax jurisdictions, under the new “Pillar Two” rules, companies whose revenues exceed €750m will have to pay a minimum tax rate of 15% in […] … Read More