Drop shipping is a situation in which a retailer sells products which are physically inventoried with a 3rd party in a warehouse or distribution center.
Last month the League of Legends World Championship 2016 was won by a South Korean team, SK Telecom T1. The win netted the six team members a share of the $2 million-plus first prize: $338,000 each to be precise.
The demand for technology professionals throughout Latin America will outpace supply by 2019 -- that insight comes from a study commissioned by Cisco for IDC, and it has some troubling implications for the tax functions of companies doing business in the region.
Each year, Working Mother magazine collects extensive data about the workforce policies of US companies regarding their benefits, childcare, flexibility, parental leave, and company culture. After stringent analysis, their list is culled to 100 exemplary companies, selected for their outstanding leadership in creating progressive programs to support all employees’ work and home lives. It’s gratifying to me and everyone in our organization that Vertex was selected as one of the 2016 Working Mother 100 Best Companies.
While most of us are trying to get our heads around what the Internet of Things (IoT) is, many of our devices have started using IoT (also known as “ubiquitous computing”) information. This exchange of information often takes place without our knowledge, and it’s already influencing how we experience the world.
When it comes to the adoption of enterprise cloud technology, many companies are “barely out of the first inning.” That is what Oracle Vice President of Technology Robert Shimp told VentureBeat and that the same prognosis was repeated, in optimistic terms, at the Oracle OpenWorld conference in San Francisco.
The need for tax leaders and their tax functions to closely collaborate with CFOs, other C-suite executives and the Board will intensify due to compliance requirements related to the OECD’s Base Erosion Profit Shifting (BEPS) action plan.
Based on years of interactions with corporate tax leaders, I’ve grown familiar with a common set of challenges that afflict tax departments of all sizes, across all industries and geographic regions. These trials include being under-staffed, under-funded, and engaged late when emerging business models are considered.
Tax leaders who’ve grown weary from beating down a procession of major tax management challenges – only to see an onslaught of new tax challenges pop up each time – might find that their jobs feel like an endless version of the arcade game Whac-A-Mole.
Most tax professionals I meet are interested in information that can help them elevate the strategic value of their tax functions and advance their careers.
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