LAS VEGAS (PRWEB) October 14, 2013
Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including SAP AGís Business Suite and BusinessObjects software and Oracle Corporationís Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Hyperion and Oracle Retail software, today announced delivery of its latest global tax, legal and regulatory updates. Rimini Streetís updates include the 2013-E update for PeopleSoft licensees and updates for SAP licensees, as needed. The updates provide clients with significant new tax, legal and regulatory changes required for the U.S. and Canada, as well as Australia, Brazil, Germany, Mexico, Portugal, Singapore and the UK. Through an innovative combination of patent-pending tax, legal and regulatory research technology, methodology and ISO 9001-certified development processes, Rimini Street ensures clients receive the most accurate deliverables with the fastest ďlegislature-to-liveĒSM update delivery cycle in the industry.
U.S. and Canadian Updates
For clients in the U.S., Rimini Street delivered tax, legal, and regulatory updates at the federal, state and local levels, many of which are effective January 1, 2014. At the U.S. federal government level, Rimini Street delivered guidance related to the federal tax treatment of employee benefits for legally married same-sex couples. This guidance was required following the U.S. Supreme Courtís ruling that struck down a key section of the federal Defense of Marriage Act (DOMA).
At the state level, Rimini Street delivered updates to Unemployment Insurance (UI) Taxable Wage Base figures for several states, as well as increases to minimum wage amounts and garnishment rules. Rimini Street also revised personal allowance amounts and withholding tables, and provided changes to the Federal Unemployment Tax Act (FUTA) in its most recent update. At the local level, numerous local tax changes were included for California, Indiana, Kentucky, Ohio and Pennsylvania. The "Year-End Processing 2013 U.S. Reference Guide" was also delivered, containing detailed information on the data set-up, processing and printing of year-end tax forms.
For clients in Canada, Rimini Street provided instructions for preparing year-end reporting, in addition to a provincial tax table update for Manitoba. Rimini Street is closely monitoring information from the Canada Revenue Agency, as well as Revenu QuÉbec, for tax changes that will be delivered in December and effective in January 2014.