Latin American countries have led the way with VAT initiatives that rely heavily on technology for compliance and reporting, giving governments greater visibility into business transactions.
Home » Intelligent Compliance Blog » Infographic: Top 10 VAT Compliance and Reporting Lessons from LATAM
Infographic: A Checklist for Choosing the Right Compliance Technology Partner
Increasingly complex VAT regulations are sweeping across Europe, demanding technology adoption to support c...
Avoiding Tax Compliance Risks Moving to SAP Central Finance
Three important tax compliance considerations and hidden risks that could derail your Central Finance project if you’re not aware of them.
Economic Nexus Update – Colorado and Connecticut to Begin Collection
On December 1, 2018, Colorado (note new grace periods) and Connecticut begin enforcement of economic nexus rules and six more states begin January 1, 2019.
Possible Postponement in Sight for Italy e-Invoicing Mandate
Amendments to extend the deadline for the Italy e-invoicing mandate are currently under consideration by the Senate Finance Committee.
10 Challenges of Native SAP Tax Compliance – Part Three
Challenges of native SAP tax management due to the rise of real-time integration with invoicing, procure to pay and other business transaction flows.
[Infographic] Making Light Work of Making Tax Digital
Making Tax Digital becomes a reality on 1 April 2019 for most companies doing business in the UK. Download this infographic to get up to speed on MTD.
Webinar: The State of State Reporting: Updates and Best Practices to Comply with Direct State Requirements
With 50 states that have different regulations, thresholds, and deadlines, state reporting can quickly become a large burden for any organization. This year, make sure you're prepared.
SAP in Latin America: Top 10 Implementation Challenges
Mandated e-invoicing and tax reporting requirements in Latin America make SAP implementations in this region more complex than anywhere else in the world. Here, we examine the Top 10 Hurdles to...
[Infographic] Hungary VAT Reporting
Hungary is seeking to close a massive VAT gap with new requirements that mandate real-time reporting. What does this mean for companies doing business in Hungary? Find out in this infographic.
Mandatory E-invoicing in Greece: What to Expect
Mandatory e-invoicing is coming to Greece by January 2020. What does that mean for companies doing business in the country? Find out here.
La DIAN de Colombia retrasa el mandato de facturación electrónica para todas las compañías, excepto las de mayor tamaño
La autoridad fiscal de Colombia, DIAN (Dirección de Impuestos y Aduanas Nacionales), anunció esta semana el retraso a su mandato de facturación electrónica para todas las empresas, exceptuando a...
When "Good Faith" Isn’t Good Enough to Avoid State Reporting Penalties
States aren't joking about tax reporting compliance. As one recent case demonstrates, state tax authorities are less accepting of the "good faith" defense than they might have been in the past.
Automated Exemption Certificate Management at Bridgestone HosePower
Bridgestone HosePower selects Sovos for automated exemption certificate management reducing time spent tracking down valid certificates from weeks to a day.
Colombia DIAN Delays E-invoicing Mandate for All But Largest Companies
The DIAN revealed that smaller companies in Colombia will not have to adopt mandatory e-invoicing by Jan. 1, 2019. The schedule for the mandate is unclear.
10 Challenges of Native SAP Tax Compliance – Part One
ERP-centric and SAP tax compliance is challenging for growing companies facing multifaceted indirect tax requirements and continuous compliance mandates.
Sovos and the Streamlined Sales Tax Project – Fact Sheet
An overview of the Streamlined Sales Tax Project (SST), what it means to be a "volunteer seller" and how Sovos supports it and the Model 1 Seller Program.
7 Regulatory Changes to Be Aware of before Tax Reporting Season Arrives
The year 2018 was one of rapid and significant change for 1099 reporting and in other areas. Get caught up here on everything that's coming for TY2018.
Why the Creation of a “United Nations of Digital Tax” Is a Game-Changer for Digital Business Transformation
The platform created at a recent conference creates a “United Nations of Digital Tax” with the power to redirect the digital transformation of business. Find out why that's important.
Lack of Clarity in Cryptocurrency Regulations Hasn’t Stopped IRS Enforcement
IRS regulations for cryptocurrency 1099 reporting remain unclear, but the agency is cracking down on crypto platforms, anyway. And change is coming.
Why the New Process for Cancelling E-Invoices in Mexico Matters
The changes in the new process for cancelling electronic invoices in Mexico are not trivial. There are major ramifications for both AP and AR. Learn more.
Italy’s E-invoicing Reform Is Far-Reaching and Affects All B2C Transactions