VPTax News & Content
Welcome to the world of all things tax. Instead of stuffy, hard to understand articles we have curated news and content that is up-to-date and easy to read. Filter by category, topic, or most recent. We want to share our knowledge with YOU so you can have the tools to help your business grow!
Various states’ economic nexus for income tax
How companies must address sales taxes changed forever after the Supreme Court ruling in South Dakota v. Wayfair, et al. In that 2018 decision, the Court interpreted the law to rule that even companies without a physical presence in a state (i.e., a brick-and-mortar building, warehouse, trade show, inventory, employees and/or representatives) could still be required to register and collect tax in that state if the company met certain economic thresholds, measured in quantity of transactions, dollar volume of transactions, or sometimes both.
Read MoreU.S. Backs Out Of Global Tax Conversation
The Trump administration has backed out of conversations with the OECD and other countries to try to settle a global tax agreement. This could be detrimental as many countries are now implementing large taxes on digital giants like Amazon.
Read MoreOECD Pillar 2: The Globe Proposal
The OECD is putting a minimum global tax conversation on the horizon. Though the focus is currently on nexus issue, this topic is shortly coming.
Read MoreOECD Pillar 1: Nexus Standards For The Digital Economy
The OECD is working on Nexus standards globally. This would mean a great deal to large companies who have customers all over the world. Let VPTax inform you of where your company is heading in terms of paying extra taxes.
Read MoreWhat Is The OECD?
If people don’t know the OECD, well they probably just don’t know they do. VPTax keeps you updated on all the updates they make, and there’s a lot. Stay informed by following us or contacting us.
Read MoreSales Tax You May Not Know About
You may be liable for other states’ taxes and not even know it. Let VPtax help you through this sales tax minefield.
Read MoreDigital Service Tax Continued: India
If you do business in India, as a lot of people do, you need to know their digital service tax updates. You may not have to have physical presence in the country to pay tax there. VPTax can answer the questions that will come.
Read MoreDigital Service Tax Continued: States May Vary
States are implementing new forms of tax to grow tax revenue. Many are using the digital surfaces to do this. Stay informed with VPTax on the changing digital service tax regulations by state.
Read MoreDigital Service Tax
Many may not know or understand all the intricacies of digital service tax. It’s understandable because the rules change seemingly from country to country. VPTax has all the info for each country and will help you stay on top of it.
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