Sales Tax and the Supply Chain: Avoiding Audit in High-Risk Areas
For businesses providing products and services along the supply chain, sales tax audit risk isn’t always obvious. And yet businesses such as wholesalers, manufacturers, distributors, and retailers represent some of the highest risk industries.
When it comes to supply chain efficiency and end-to-end tax compliance within an ERP, using a sales tax management solution that automates compliance within your company’s existing framework is cost effective and relatively easy to implement. More importantly, automated sales tax compliance can free up resources to focus on building the bottom line, as well as reduce the overall risk of your company being audited.
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