Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

5 Star Rating: CPA Practice Advisor reviews Thomson Reuters’ ONESOURCE

Best suited for companies of all sizes that are tasked with handling global sales and use tax, VAT, and GST, ONESOURCE Determination and Compliance, offers a complete solution. ONESOURCE is designed to work with a variety of third-party applications to deliver complete indirect tax management from initial tax determination and calculation to complete compliance including forms processing and remittance.

5 Star Rating: CPA Practice Advisor reviews Thomson Reuters’ ONESOURCE

5 Star Rating: CPA Practice Advisor reviews Thomson Reuters’ ONESOURCE

Best suited for companies of all sizes that are tasked with handling global sales and use tax, VAT, and GST, ONESOURCE Determination and Compliance, offers a complete solution. ONESOURCE is designed to work with a variety of third-party applications to deliver complete indirect tax management from initial tax determination and calculation to complete compliance including forms processing and remittance. … Read More

International tax complexity for Australian investments: a real-world example

International tax complexity for Australian investments: a real-world example

With a quarter of all foreign investment in Australia coming from the United States, it is important to consider the potential impact of the US tax reforms on inbound Australian investments. A recent court case has provided a real-world example of how US private equity investors can structure certain Australian investments to deliver “look through” treatment for the purposes of US tax law. … Read More

100% Pure BEPs: NZ responds to the OECD’s BEPs Action Plan

100% Pure BEPs: NZ responds to the OECD’s BEPs Action Plan

With the introduction of a new tax bill in New Zealand to counter multinationals’ BEPs activities, it is a good time to revisit Australia’s own BEPs progress. … Read More

Outstanding draft tax legislation adds to Government’s “to do” list

Outstanding draft tax legislation adds to Government’s “to do” list

Federal Parliament already has a lot on its tax legislation plate for 2018, and that will only be added to by the finalisation of draft tax legislation into Bills in Parliament. Currently, there is a backlog of important draft legislation awaiting finalisation, including: Controversial GST amendments proposing to give effect to the Government’s 2017-18 Budget […] … Read More

Why Top CFOs Are Transforming Statutory Reporting With Technology

Why Top CFOs Are Transforming Statutory Reporting With Technology

As global regulators seek to minimize corporate tax avoidance and increase transparency among multinational enterprises, the role of the tax, accounting and finance department has been elevated to new heights. … Read More

ONESOURCE Global Tax for SAP Ariba Solutions: the partnership making procurement awesome

ONESOURCE Global Tax for SAP Ariba Solutions: the partnership making procurement awesome

The last 30 years have seen the Australian economy make a steady departure from manufacturing and open up to international trade. Procurement and supply chain consultants have been central to this market evolution – providing advice to companies on new technology, sourcing goods from new countries and improving internal procedures. As a result, the industry […] … Read More