ResourcesGlobal digital services: a tax compliance guide

Global digital services: a tax compliance guide

If you are a digital business, there are now more than 80 tax authorities worldwide applying tax at destination. Legislative changes in the United States first introduced in 2018 allow individual States to levy sales tax on out-of-state vendors (including non-US vendors). This means that businesses will be paying more taxes to a growing number of tax authorities, year on year.

The changes are due to the rise of internet retail and a consequent fall in tax revenue from domestic bricks and mortar sales. To replace this lost revenue, tax authorities are increasingly moving to tax models based on the location of the customer rather than the physical location of the business selling.

This guide helps you understand the practical issues involved in incorporating destination-based taxation rules into your business operations.

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

1y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

1y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

1y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

1y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource