Regulatory Updates

Stay up-to-date with the latest regulatory updates from Sovos experts

  • UK Publishes the Value Added Tax Regulations 2018

    UK VAT-registered businesses will be found non-compliant with VAT reporting obligations after April 1, 2019, if their electronic VAT records are not maintained on functionally compatible software...

    Read Article
  • ×

    Subscribe to the Intelligent Compliance Weekly Blog

    Thank you!
    Error - something went wrong!
  • Arizona Pinal County Rate Change

    The Arizona Department of Revenue posted that Pinal County has requested that the Department begin collecting a transportation excise tax beginning with a reporting period beginning April 1, 2018.

    Read Article
  • Pennsylvania Issues New 1099-MISC Withholding Tax Requirements

    As a follow up to Information Notice 2017-01 issued in January 2018, the Pennsylvania Department of Revenue recently issued new 1099-MISC Withholding Tax Requirements.

    Read Article
  • Mississippi Updates Withholding Tax FAQs

    Mississippi updated their Withholding Tax FAQs.

    Read Article
  • West Virginia Publishes Electronic Media Specifications For 1099 and W-2G

    West Virginia's Tax Department published the 2017 version of the Electronic Media Specifications for 1099s and W-2Gs.

    Read Article
  • Want to learn more? Visit our resource center.

    Learn More
  • Oregon Releases 2018 Form OR-WR, Oregon Annual Withholding Tax Reconciliation Report

    The Oregon Department of Revenue has published its Form OR-WR Oregon Annual Withholding Tax Reconciliation Report, to be used for reporting information related to Tax Year 2018.

    Read Article
  • Saint Tammany Parish, Louisiana Vote to Determine Sales and Use Tax Rate March 24, 2018

    Saint Tammany Parish in Louisiana has scheduled an election on March 24th to determine the fate of two 0.25% parish-wide sales and use taxes.

    Read Article
  • UK Publishes VAT Regulations Requirements Pertaining To Digital Record-Keeping

    UK VAT regulation requirements clarify the type of information required to be kept in digital format, the definition of functionally compatible software, and the exemptions available to businesses.

    Read Article
  • IRS Updates Publication 5258, AIR Submission Composition and Reference Guide

    The IRS has updated Publication 5258, the AIR Submission Composition and Reference Guide.

    Read Article
  • New Mexico Enacts Thanksgiving Saturday Gross Receipts Holiday

    On March 2, 2018, New Mexico Governor, Susana Martinez, signed House Bill 79 into law thereby establishing a one-day sales tax holiday on the Saturday following Thanksgiving.

    Read Article
  • New Mexico Allows for Evidence of Exemption Entitlement Other than a Nontaxable Transaction Certificate

    New Mexico Governor signed House Bill 194 into law thereby allowing purchasers to provide evidence other than a nontaxable transaction certificate to prove eligibility for a gross receipts deduction.

    Read Article
  • South Carolina Department of Revenue Publishes Updated Regulation on Accommodations Tax

    The South Carolina Department of Revenue clarified how the accommodations tax should apply to additional charges that are assessed when guests rent accommodations at a hotel, motel or other facility.

    Read Article
  • Oregon Releases 2018 Plain Paper Specifications

    The State of Oregon Employment Department recently released their 2018 Plain Paper Specifications.

    Read Article
  • IRS Releases 2018 General Instructions for Certain Information Returns

    The IRS has released the 2018 General Instructions for Certain Information Returns.

    Read Article
  • Hawaii Publishes Updated Employer’s Tax Guide

    The State of Hawaii Department of Taxation recently published an updated version of Booklet A, Employer’s Tax Guide.

    Read Article
  • South Africa Announces 2018 Budget Measures

    The South African Ministry of Finance has proposed an increase in the VAT rate from 14% to 15%. If signed by the President this new rate will go into effect on April 1, 2018.

    Read Article
  • UK Parliament Debates Major Post-Brexit Bill For Cross-Border Supplies of Goods

    The UK Parliament is currently debating a bill that could greatly impact how businesses in the UK handle cross-border supplies of goods post-Brexit.

    Read Article
  • Massachusetts Publishes Technical Information Release 18-2, Individual Mandate Penalties for 2018

    The Massachusetts Department of Revenue has released TIR 18-2, which contains the penalty schedule for individuals who fail to obtain health insurance in 2018.

    Read Article
  • IRS Releases 2018 Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities

    The IRS has published its 2018 version of Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities.

    Read Article
  • IRS Announces New Regular and Backup Withholding Rate for 2018 Form W-2G

    The IRS announced a new and regular backup withholding rate for the 2018 Form W-2G.

    Read Article
  • loading
    Loading More...