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Reuters, KPMG Team For Aussie Business Taxes

PYMNTS

Business information firm Thomson Reuters is teaming up with global tax company KPMG to offer Australia businesses a solution to deal with fringe benefits taxes (FBT), Thomson Reuters announced Thursday (Feb. The ONESOURCE FBT software automates the tax calculations necessary to file an FBT return. “As

Taxes 130
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EY Debuts Corporate Crypto Accounting, Tax Solution

PYMNTS

EY announced in a press release this week that its new crypto accounting tool targets the tax preparation process. The CAAT solution automates data collection and automatically generates reports for visibility and analytics, while supporting IRS tax return preparation.

Taxes 139
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Indonesia Levies 10 Pct Tax On Sales From Tech Firms

PYMNTS

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

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The Financial Technologies SMEs Aren’t Using

PYMNTS

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. 37 percent of SMEs in the U.K. 37 percent of SMEs in the U.K.

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A Rough Map To The New World Of Online Sales Taxes

PYMNTS

Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers would react. According to Jerry Storch, former CEO of Toys R Us, who also spoke with CNBC, such technology is “readily available.”

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Advantages of web-based software for valuation

Abrigo

Businesses across all industries are continuing to transition to web-based software solutions from desktop applications as firms look to maximize technology investments and streamline operations in a way that meets changing client needs. Users always have the most up-to-date version of the software.

Software 171
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Hiring headache? Try technology

Abrigo

For one thing, there is a limited number of qualified loan officers and credit analysts on the market, especially seasoned bankers that have the skills needed in a rapidly growing institution. The answer to this staffing problem is technology that streamlines and automates as many tasks at the institution as possible.