Businesses want to be paid in a timely manner. Governments want tax revenue. The advantages of cutting down on paper — and, specifically, paper invoices — can improve supply chain dynamics across any number of B2B verticals. Automating invoicing, with the rise of digital options...
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...
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...
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...
October 24, 2024
VAT4U has added generative artificial intelligence (AI)-powered capabilities to simplify value-added tax (VAT) processes. The upgraded VAT4U SmartAI engine focuses on helping businesses manage VAT for accounts payable (AP) and travel and expenses (T&E), the company said in a Thursday (Oct. 24) press release. “With VAT4U SmartAI, businesses can now harness AI-driven technology to manage […]
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...
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...
