ThomsonReuters

DECEMBER 9, 2024

Blog home Today, organizations are under increasing pressure to navigate the complexities of global tax regulations, ensure compliance, and optimize workflow processes using the latest advanced technology.

corporation tax 52

corporation tax Tax Technology accounting and finance 52

Menzies

OCTOBER 30, 2024

7 Key Pillars The government has unveiled 7 key pillars to its growth mission, the most relevant of which for manufacturers are expected to be: Investment, Infrastructure and Planning – higher public and private investment in infrastructure is likely to create opportunities in the manufacturing sector. per hour for all eligible workers.

Manufacturing 59

Manufacturing corporation tax chartered accountant Technology 59

TaxConnex

OCTOBER 7, 2021

The growth rate for all Tennessee taxes in August was 22.11 Sales tax revenues and state corporate tax receipts (franchise and excise taxes) both posted substantial growth. In Georgia , tax collections were up 12.7% The gross sales tax take finished 15.9% August revenues were $1.4 billion, $255.8

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West Virginia Sales Alaska Tax 246

ThomsonReuters

JUNE 26, 2024

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. The 2023 State of the Corporate Tax Department study describes this shift as going from a reactive to a proactive state.

corporation tax 59

corporation tax Technology Tax E-commerce 59

ThomsonReuters

OCTOBER 31, 2024

Jump to ↓ The current tax landscape Democratic and Republican Party tax plans Strategic planning amidst tax uncertainty In today’s dynamic political and economic environment, understanding the intricacies of tax policy has become more crucial than ever.

Tax 52

Tax corporation tax tax planning Manufacturing 52

ThomsonReuters

MAY 21, 2025

It automatically formats documents to meet government requirements, streamlining compliance and reducing risk. Governments frequently revise formats, data fields, and timing expectations at a rapid pace. Unified coverage across countries, document types, and regulatory formats.

corporation tax 52

corporation tax Technology B2B accounts payable 52

ThomsonReuters

NOVEMBER 25, 2024

In 2025, the European Union’s Corporate Sustainability Reporting Directive (CSRD) goes into effect—legislation that includes a long list of compulsory disclosure requirements related to corporate governance and sustainability. What is ESG due diligence?

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Government Non-Profits Legal California 99

ThomsonReuters

NOVEMBER 8, 2024

ESG’s importance—and data demands—are growing In today’s business world, a corporation’s reputation (to say nothing of its stock price) is increasingly tied to its ability to meet various ESG targets—some self-imposed and others required by law.

Technology 118

Technology accounting and finance Government Finance 118

Ronika Khanna CPA,CA

APRIL 26, 2024

Business tax instalment payments (including GST-QST instalments ) This means that instead of entering the data on the forms that are available via my business account at CRA and RQ and then going to your bank to make payment, either online or via mail, it can all be done at one time through one form that serves as both tax filing and payment.

corporation tax 80

corporation tax payroll Tax Sales 80

ThomsonReuters

FEBRUARY 28, 2025

As Congress confronts tax reform in the coming months, it will consider input from the various special interest groups. The key to winning this war is finding a balance between serving the general public, protecting the governments revenue stream, and appeasing special interest groups. At times, this will be a political tug-of-war.

Tax 91

Tax Manufacturing Real Estate corporation tax 91

FusionCPA

NOVEMBER 24, 2020

Corporate income tax is the third largest source of revenue for the federal government. While the amount collected for corporate income tax pales when compared to individual income tax or payroll tax, it still accounts for 1.1 In 2019, corporate income tax brought in $230.2

corporation tax 52

corporation tax tax planning Tax income tax 52

ThomsonReuters

JANUARY 20, 2022

Corporate tax departments get set to take on the new year, and a key challenge is maintaining stability in an environment of continual change and uncertainty. Demands to recruit, retain and develop tax and technology talent at a time when tax department budgets are flat or decreasing. Emerging technologies.

corporation tax 52

corporation tax Tax New York Education 52

Withum

JUNE 12, 2024

Fast forward to 2026 and assuming no legislative changes, their effective tax rate will be 39.6% (100,000 x 39.6%). Therefore, for every $1 of taxable income, they are currently paying the government approximately 30 cents. And What About the C Corporation Tax Rate? while C corporation tax rates would remain at 21%.

income tax 127

income tax Tax corporation tax Non-Profits 127

Going Concern

APRIL 17, 2024

Ever since the news broke in early 2023 that a PwC Australia partner brought confidential government tax changes back to the firm for the purposes of monetizing it for corporate tax avoidance, the firm has been struggling to crawl out from under the garbage heap of a scandal. million in the last quarter of 2022 to $21.8

Government 120

Government corporation tax Tax 120

Ronika Khanna CPA,CA

JUNE 7, 2024

It can be easy to ignore these notices in favour of more pressing business related issues, which is probably the worst thing to do since the government is extremely persistent and will usually follow up with arbitrary assessments and interest and penalties. (for example payroll remittances are referred to as deductions at source).

Tax 98

Tax corporation tax tax return payroll 98

Inform Accounting

OCTOBER 14, 2022

In this press conference, the September tax cuts as promised in the mini-budget have been watered down even further. What we know so far is that: The Corporation Tax will rise from 19% to 25% in April 2023. It is clear that the Conservative government is in turmoil right now. Taxing cryptoassets: what you need to know.

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Government Tax corporation tax income tax 52

Withum

OCTOBER 3, 2024

Individuals and households that reside or have a business in any one of these localities qualify for tax relief, including: Individuals whose principal residence is located in a covered disaster area and their spouse, if filing jointly. The most common filings and postponements are listed below.

South Carolina 130

South Carolina North Carolina tax preparation income tax 130

PYMNTS

FEBRUARY 21, 2019

s Housing, Communities and Local Government Committee is calling on internet retailers to pay higher taxes to help struggling offline retailers in the country’s shopping districts. government agency called out Amazon , Asos and Boohoo Group , arguing they should pay more taxes since traditional retailers are losing business to them.

Government 53

Government Tax Sports corporation tax 53

PYMNTS

MAY 22, 2020

The government of Dubai is planning to create an $870 million free trade zone for eCommerce named Dubai CommerCity (DCC). DCC merchants will not have to pay income tax or corporate tax and will get support services for immigration, healthcare, administration and banking.

income tax 106

income tax corporation tax Healthcare Construction 106

Menzies

MARCH 14, 2023

Following Brexit, to make Britain more attractive to innovative companies and tech entrepreneurs, the UK government has been promising fiscal changes. Corporation Tax FROM APRIL 2023: HEADLINE RATE OF CORPORATION TAX INCREASING FROM 19% TO 25% This will affect companies with profits of £250,000 and over.

Government 52

Government Tax corporation tax chartered accountant 52

Withum

JANUARY 13, 2022

The COVID-19 pandemic created a vast network of small business relief programs in the form of loans, grants, tax credits and direct payments. Now that these programs are expiring it is time to report all these funds on taxpayer’s 2021 business tax returns. A3: SVOG funds are recorded as tax-free grant income on the income statement.

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Tax tax return income tax corporation tax 126

ThomsonReuters

JANUARY 9, 2025

The extensive reliance on manual spreadsheets and inconsistent policies, coupled with data fragmentation from a lack of standardization and centralization, increases the complexity of corporate governance processes. But what if it was leaked that the companys corporate governance was poorly managed?

Technology 52

Technology Government financial statements Tax 52

ThomsonReuters

NOVEMBER 1, 2024

These trends are driving the need for enhanced tax compliance strategies and advanced e-invoicing processes : Increased tax audits: Frequent and stringent tax audits are on the rise. Continuous tax law changes: Legislative changes are accelerating, influenced by economic and market conditions like inflation and global pandemics.

Tax 52

Tax Technology audit income tax 52

ThomsonReuters

APRIL 15, 2025

For corporate tax professionals and chief financial officers (CFOs), understanding how an ERP system works is crucial for successfully managing financial data, ensuring regulatory compliance, and improving overall business performance. Read Lenovo case study What is the difference between an ERP and a CRM?

Technology 52

Technology corporation tax Tax accounting and finance 52

Going Concern

JULY 6, 2023

When PwC Australia CEO Tom Seymour stepped down in May after it was confirmed he’d received tainted emails containing confidential government tax intel leaked by former partner Peter Collins, it seems the firm hoped sacrificing him was enough to settle the matter and move on. Spoiler: it was not. For posterity, natch.

Tax 105

Tax corporation tax Government Legal 105

ThomsonReuters

AUGUST 2, 2023

As the Organization for Economic Co-Operation and Development’s (OECD) ground-breaking Base Erosion Profit Shifting (BEPS) framework for taxing the digital economy is being implemented, countries around the globe are beginning to roll out the second of the OECD’s two BEPS pillars—Pillar 2.0. Discussions are ongoing.

corporation tax 98

corporation tax Tax financial statements Government 98

ThomsonReuters

DECEMBER 20, 2020

Both sales tax and VAT are types of indirect tax – a tax collected by the seller who charges the buyer at the time of purchase and then pays or remits the tax to the government on behalf of the buyer. Sales tax and VAT are a common cause of confusion within the corporate tax community.

Sales 119

Sales South Dakota Tax corporation tax 119

ThomsonReuters

MAY 27, 2025

Thomson Reuters ONESOURCE is a state-of-the-art tax platform that provides everything corporate tax departments and IT personnel need to manage indirect and direct tax calculations, reporting, and compliance. What is Thomson Reuters ONESOURCE?

Tax 52

Tax Technology E-commerce corporation tax 52

Going Concern

MAY 8, 2023

Tom Seymour has stepped down following a board of partners discussion after it was revealed last week he was one of several partners who received confidential government intel that was then used to advise clients on tax matters. “We Around 12 to 15 non-government participants were involved.

Non-Profits 114

Non-Profits Tax Government corporation tax 114

ThomsonReuters

MAY 20, 2025

For example, edge computing allows retailers, manufacturers, and wholesalers to calculate taxes at the point of transaction while staying connected to a larger cloud-based tax engine that also computes updates, auto expands, and auto heals for reporting and e-invoicing in real time.

Technology 59

Technology Gaming Tax corporation tax 59

ThomsonReuters

NOVEMBER 30, 2020

Schwieterman says that her firm is talking with corporate tax teams about how to rescale their personnel with an eye toward creating a more agile workforce. Further, there’s even more potential change coming as various governments and legislative bodies are forced to grapple with their own declining revenue.

Finance 98

Finance Technology Tax accounting and finance 98

Accounting Insight

APRIL 30, 2025

One way this international organisation serves its mission is by advising and supporting governments around the world to implement fair and efficient systems for international taxation. This move aims to reduce profit shifting and the race to the bottom on corporate tax rates that have emerged in recent decades.

Tax 40

Tax income tax corporation tax tax planning 40

CPA Practice

NOVEMBER 13, 2023

Founded in 2001 by Managing Partner Dennis Szymkowiak, the firm bearing his name focuses on tax, assurance, and advisory services for closely held and private equity-owned companies, high-net-worth individuals, and family offices. The firm also provides outsourced corporate tax and accounting advisory services.

CPA 110

CPA tax consultant auditor audit 110

ThomsonReuters

DECEMBER 17, 2024

Blog home Companies on the fence about investing in Environmental, Social, and Governance (ESG) initiatives typically want to know three important things: Will the investment return value to shareholders in the long run? Where will the supposed cost savings and efficiencies gained from ESG investment come from?

Government 52

Government Technology Tax corporation tax 52

Ronika Khanna CPA,CA

MAY 2, 2025

Whereas a sole proprietorship is an extension of one's self, a corporation takes on a life of it's own; it can give birth to subsidiary, marry via a merger and die with a dissolution. It has to file it's own tax return, can be sued and has a set of rules that govern it's existence.

corporation tax 59

corporation tax tax return Non-Profits Legal 59

CPA Practice

AUGUST 22, 2023

Key industry findings from the report: Tax and Accounting Professionals: Freeing up time to deliver more value: Productivity is the highest priority for tax and accounting firms (59%), while internal efficiency (75%) tops the list in corporate tax and accounting departments. To access the full report, visit [link]

Legal 98

Legal Technology Tax Government 98

Simple Accounts

AUGUST 5, 2022

In UAE, most of the goods and services are subject to Value Added Tax. After each tax period, every taxable person in the UAE is supposed to file a VAT return with the Federal Tax Authority (FTA). . The new federal corporate tax on business earnings of 9% on profit would take effect only on June 1, 2023. .

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Tax corporation tax Government Manufacturing 98