Voxel has partnered with Booking.com to deploy an invoice collection tool for the travel industry. TravelDailyNews reported Friday (Feb. 10) that the Spanish B2B payments firm and the travel website developed a tool to automate invoice collection to streamline reconciliation processes and ensure that invoices meet the legal requirements of...
Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely dependent on Chinese and other international customers now subject to a 20% tax on purchases. Of all the policy miscalculations...
Retailers in the U.K. can roll out the tax-free welcome mat to overseas visitors now that the region has re-instituted the tourist perk in hopes it will help lure people to the area to vacation and shop. Recently appointed Chancellor of the Exchequer Kwasi Kwarteng told Parliament...
Avalara has bought CrowdReason, which works on developing Software-as-a-Service (SaaS) property tax compliance applications, to help businesses manage that kind of service, Seeking Alpha reported Monday (Oct. 18). The company has acquired CrowdReason’s technology, content and expertise, and the report says financial terms weren’t revealed....
January 03, 2020
There are certain years (and events) that represent significant shifts in business, where there was a way things were done — until everything changed. In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara, said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model […]
October 11, 2019
In the digital age, it’s become easier than ever for companies of all sizes to broaden their reach and sell to new markets. But along the way, global digital sales...
August 02, 2023
Stripe says it is offering its Tax tool to its platform clients to boost their global commerce sales. “Help with sales tax and VAT has been our platform users’ most commonly requested feature,” Michael Carney, product lead for the tool, known as “Stripe Tax,” said in a news release Wednesday (Aug. 2) “We built Stripe Tax because it’s a […]
February 10, 2023
Voxel has partnered with Booking.com to deploy an invoice collection tool for the travel industry. TravelDailyNews reported Friday (Feb. 10) that the Spanish B2B payments firm and the travel website developed a tool to automate...
September 23, 2022
Retailers in the U.K. can roll out the tax-free welcome mat to overseas visitors now that the region has re-instituted the tourist perk in hopes it will help lure people...
December 09, 2020
The United Kingdom’s economic and finance ministry, HM Treasury, seeks input on the challenges that the sharing economy creates for value-added tax (VAT). In a document titled “VAT and the...
