The impact of COVID-19 on businesses across the globe has been swift and severe.
In response, many federal, state and local governments are working to provide relief to both businesses and individual taxpayers impacted by the pandemic.
At Sovos, we are tracking these changes carefully and in real-time. We will be providing regular updates as changes become available. Please check back regularly to learn how evolving tax regulations may impact your reporting obligations.
Tax authorities are pushing for real-time access to companies’ sales data using new technology to track value-added tax payments, leaving some businesses scrambling to meet their demands.
Tax collection has been at the root of some of the world’s biggest challenges. Andy Hovancik discusses what he’s doing to change that.