Value Added Tax (VAT) stories
From 29 August, all Australian exports to the US face import duties as the $US800 de minimis exemption ends, complicating trade and duty compliance.
Changes to the US de minimis exemption could complicate sales for Australian exporters, with potential new taxes and paperwork looming on the horizon.
Sovos tackles the growing complexities of global tax compliance with its Indirect Tax Suite, enabling businesses to navigate differing tax laws.
Sovos debuts the industry's first unified tax compliance and regulatory reporting solution, the Sovos Compliance Cloud, aiming to streamline global compliance after eight years and substantial investment.
Sovos bolsters key positions by appointing Elcim Sirek and Marcelo Souza as vice presidents of sales for the EMEA and LATAM regions.
A Forrester and Basware study reveals 80% of CFOs anticipate increased regulatory scrutiny in 2024, with talent retention, cost optimisation and automation also key concerns.
