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What Sarbanes Oxley really means for Tax Services (pdf)

Audit committees are opening up the tax services marketplace to long-overdue efficiencies.

Specialists in transaction taxes will notice the change as much as those working in income taxation, according to Richard Thompson Ainsworth of Taxware.

Saving a bit may save August: Retailers hopeful for holiday

Best Buy in the CambridgeSide Galleria is preparing for the state's first sales-tax free holiday this weekend like it was the day after Thanksgiving.

The consumer electronics store expects hordes of bargain hunters could be seeking personal computers and other electronics. It will open at 7 a.m. and stay open until 11 p.m.

Taxware Release Offers Sarbanes-Oxley Compliance

Taxware, a provider of tax-calculation and compliance software, unveiled Tuesday its TaxSolver 4.2 tax-return-generation software for businesses, which features compliance with Sarbanes-Oxley regulations.

Financial Supply Chain - The Next Corporate Paradigm after ERP?

ERP was perhaps the major application movement of the last two decades in enterprise computing, implemented by 85 per cent of Fortune 1000 companies, representing almost all major companies whose business model matched the proposition. Its origins were in MRP, Manufacturing Resource Planning, a system used by manufacturing companies to optimize materials, purchasing, run lengths, and inventories with the aim of reducing the total variable costs of manufacturing. ERP broadened this to cover the whole manufacturing enterprise, and critically in the mid-eighties, to go beyond the boundaries of the company to communicate with the Supply Chain. As ERP began to focus on supply chain management, the additional information being collected from the broadest possible view of the enterprise, including its suppliers and customers, continued to reduce uncertainty and thereby enable inventory reduction.

EU Directive on the Taxation of Digital Sales (pdf)

A comprehensive guide to the new EU Directive on the Taxation of Digital Sales

Taxing Times Ahead (doc)

On 1 July 2003, a new European Union Directive [Directive 2002/38/EC and Regulation No. 792/2002 amending the Sixth VAT Directive (77/388/EEC)] comes into force with regard to the levying of Value Added Tax (VAT) on digital sales within the European Union.

In this article we provide an overview of the Directive and discuss some of the issues raised by its introduction. Although every care has been taken to ensure that the information provided is accurate, it is strongly recommended that appropriate legal and financial advice is sought in order to better understand the ramifications for your business and engage in proper tax planning before contemplating any specific action in advance of the registration deadline of 1 July 2003.