How Tech Companies Can Keep Up with the Sales Tax Whirlwind
Tech companies may shoulder the most complex sets of rules for sales and use tax. After the Wayfair ruling, states have been speedily adopting economic nexus laws which increase sales and use tax obligations for tech companies. Compliance is more complicated and costly for licensing fees, software as a service income, and product sales revenues. The team will walk through the changes and provide a guide for improving sales tax compliance while reducing risk and exposure for unpaid taxes.