Sovos Indirect Tax Sovos Acquires PetaPilot and Saphety
Sovos has announced the acquisition of two new companies - PetaPilot and Saphety. Both based in Portugal, PetaPilot delivers e-accounting solutions to tax authorities and businesses and Saphety provides compliant e-invoicing services to governments and companies.
Indirect Tax VAT Vertex Expand Cloud Portfolio with Acquisition of Taxamo
Tax Technology company Vertex announced yesterday the acquisition of Taxamo, a cloud-based tax and payment solution provider for e-commerce and marketplaces. The purchase price was reported to be a $200 million all-cash transaction.
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VAT Legal/Compliance/Risk Sovos named 2021 SIIA CODiE Award Finalist
Sovos have been named a 2021 SIIA CODiE Award finalist in the Best Compliance Solution category for Sovos Continuous Transaction Control Compliance.
Continuous Transaction Controls VAT Sovos Acquires Acepta and Strengthens LatAm Offering
Yesterday, Sovos announced it had acquired Acepta, a leading provider of e-invoicing, e-receipts, e-documents, and digital certificate solutions, based in Chile.
Indirect Tax VAT Avalara Announces the Acquisition of DAVO Technologies’ Operational Assets
Yesterday, Avalara announced the acquisition of DAVO Technologies’ operational assets. DAVO’s technology supports over 4,000 small businesses in the US by connecting to POS systems to extract the amounts of tax owed, set sales tax funds aside, hold the funds, and then file and pay their sales tax for them when they are due to state and local tax authorities.
Indirect Tax Sales & Use Tax Compliance Sovos Acquires Brazil-based Fit Sistemas
Sovos announced today it had acquired Fit Sistemas – a Brazilian based provider of cloud-based regulatory reporting and e-Invoicing solutions.
VAT Make VAT Reclaim a Key Part of Your Cash Strategy: 4 Best Practices
Recoverable VAT amounts are significant, often adding up to the millions. They can be recovered quickly, helping companies reduce their cost base, improve profits and increase cash reserves
VAT Indirect Tax Indirect Tax: Priorities for 2021 and Beyond
The indirect tax and VAT landscape is changing dramatically.
Tax on Digital Services VAT Amazon to Pass 2% New Digital Sales Tax on to its Sellers
Earlier this week, Amazon announced that they would be passing the cost of the UK’s new digital services tax on to its sellers. The new tax regulations, which will ensure digital services being sold from offshore are taxed at the point of consumption rather than low-tax environments such as Ireland and Luxembourg, are expected to bring in around £500 million annually.
VAT Indirect Tax 6 Ways to Prepare for the VAT Recovery Changes After Brexit
Download this handy one-page guide: 6 Ways to Prepare for the VAT Recovery Changes to make the transition at the end of this year as smooth as possible.
VAT VAT Report 73% of Tax and AP Professionals are Uncertain they Can Keep Up with the Changing Tax Landscape
A recent survey of tax and AP professionals conducted by sharedserviceslink and Sovos found that only 27% were ‘very confident’ that they can keep up with the changing international tax and regulatory landscape.