Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

How confident are you in your corporate tax compliance process?

How confident are you in your corporate tax compliance process?

Manual processes and spreadsheets have served corporate tax teams well, but in today’s environment, accuracy and speed in tax calculating and reporting is no longer an aspiration, but a necessity. How confident are you in your tax system? Glenn Francis, Senior Customer Success Manager for ONESOURCE shares tips on how to tell if it's time for an upgrade. … Read More

Much hot air? Too late? What to make of the Senate inquiry into corporate tax avoidance

Much hot air? Too late? What to make of the Senate inquiry into corporate tax avoidance

The Senate Economics References Committee has handed down its final report into corporate tax avoidance, more than three and a half years after launching its inquiry. We consider the relevance of the final report for today’s tax landscape and look where the tax reform journey will take us next. … Read More

Profitable Procurement with SAP Ariba ONESOURCE Tax Solution

Profitable Procurement with SAP Ariba ONESOURCE Tax Solution

In the world of business-to-business buying and selling, much has been made of the consequences of getting tax wrong – with good reason. But what about the positives of getting it right? Adopting an automated system such as SAP Ariba ONESOURCE doesn’t just mitigate the risks, it can drive profits and excellent customer relationships. … Read More

Transfer Pricing: Playing the Good Game
How smart workflow management brings success in sport and tax

How smart workflow management brings success in sport and tax

Footy has much to teach corporations about successful tax management. The tax compliance stakes are just as high as those in running a national sporting competition: hefty fines, unforeseen changes, not to mention the impact on an organisation's image when called out for errors and perceived misdemeanors. Read how you can manage your corporate tax workflow like a winner with our ONESOURCE Workflow Calendar. … Read More

What the ATO’s proposed GST compliance measures mean for Corporate Australia

What the ATO’s proposed GST compliance measures mean for Corporate Australia

The ATO will take on indirect tax in the next phase of building its whole-of-tax compliance framework. The proposed GST Large Business Program is aimed at Top 100 businesses in Australia. Neha Mahindru, our Indirect Tax solutions specialist, looks the implications for large corporations and their tax management systems. … Read More