Maryland became the first state to impose a tax on gross revenue from digital advertising when a law it enacted in 2021 took effect on January 1, 2022.

Drop shipment transactions, under which a retailer transmits orders to a manufacturer that then ships the product to the customer, have become an integral part of e-commerce operations.

Accounting Today released its annual ranking of the top tax firms across the country, naming Andersen as a top U.S. tax firm.

Andersen Global adds complementary tax capabilities to its existing platform in Mali with collaborating firm Kanaga Consulting, reinforcing its commitment to provide clients with comprehensive coverage locally and globally.

Andersen Global expands the depth of its geographic coverage in Asia through a Collaboration Agreement with Bangladesh-based professional services firm ACE Advisory.

Andersen Global continues to expand the breadth of its Middle Eastern platform with the addition of collaborating firm Almoayed Chambers Consultancy in Bahrain.

Andersen Global secures its foothold in Asia's southern edge through a Collaboration Agreement with Sri Lanka-based tax firm Gajma & Co., adding complementary tax capabilities to the legal capabilities of the organization's collaborating firm in the country.

Tax legislation (S.B. 113) signed by Governor Gavin Newsom makes several important tax changes, including expanding the availability and benefit of the state's pass-through entity (PTE) tax credit, with most provisions taking effect during the 2021 tax year; reinstating the net operating loss (NOL) deduction without limit for tax years beginning on or after January 1, 2022; and eliminating the $5 million tax credit limitation for tax years beginning on or after January 1, 2022.

Following its recent expansion into the British Virgin Islands (BVI), Andersen Global adds dimension to its platform in the territory with collaborating firm Chorus International Services (BVI) Limited (Chorus-Global).