Indirect tax

Almost every transaction a company conducts involves indirect taxes, regardless of whether the company is a buyer or seller. Indirect taxes also affect both cash flow and bottom-line results, and as companies grow and enter new markets, indirect tax collection and reporting requirements expand as well. With numerous tax types and jurisdictions involved, the process of fulfilling these obligations can become one of an organization’s most voracious consumers of financial data.

https://www2.deloitte.com/us/en/pages/tax/articles/indirect-tax-analysis-and-recovery.html

• Blogs

Ways and Means Republicans release detailed tax reform proposal
House Ways and Means Committee Republicans have unveiled a tax reform legislative draft that, among other things, calls for ambitious cuts to tax rates for corporations, passthrough entities, and individuals; a more generous expensing regime; significant increases to the individual standard deduction and the child tax credit; repeal of the estate tax and the individual alternative minimum tax; and a shift to a territorial system for taxing foreign-source income of US multinationals.

https://www2.deloitte.com/us/en/pages/tax/articles/tax-news-and-views-newsletter.html