Sales Tax

Expanded sales tax liability is a potential minefield for businesses of all sizes, especially those with ecommerce activities, requiring constant tracking and application of changing tax rates across thousands of jurisdictions in the U.S.

Collecting, validating, storing, and renewing exemption certificates is a challenge for many tax and finance departments.

In 2023, businesses faced 444 sales tax rate changes spanning state, county, city and district jurisdictions, marking a 17% rise from last year's combined rate changes. This surpasses the former record of 412 rate changes witnessed in 2017.  

A new report shows continued changes to economic nexus and marketplace facilitator laws in the U.S. and the expansion of e-invoicing globally in 2024, both of which will lead to the likelihood of increase sales tax audits.

Vertex excelled in numerous areas across IDC’s survey results, earning high ratings for user experience, data management, cloud native architecture and superior features and functionality.

The partnership between Avalara and Actabl consolidates revenue and tax data from various business systems, streamlining tax compliance processes through automation.

Several experts share their top tax and technology predictions, and explore how the intersection of automation and artificial intelligence will continue to impact tax compliance, how economic and market factors will affect growth across global business segments, and more.

A sales tax holiday is a time when consumers don’t pay sales tax on eligible purchases of certain normally taxable goods. A vacation from sales tax, if you will.