Hidden Costs of Compliance: Reducing Transactional Tax Risk

Debates over online sales tax and related statutory rules and rate changes have vaulted sales and use tax compliance to the top of every finance organization’s 2015 action list.

The challenge is on to understand how to implement safeguards and systems, monitor widely varying statutory rules, and find efficient ways to collect and remit the right sales and use tax to the right jurisdiction at the right time. This short guide is organized around three common areas of transactional risk and how to combat them.