Managing a company’s tax responsibility has always been complex – even before it was common for brick and mortar retailers to have an e-commerce channel. But as e-commerce has grown, consistently capturing double-digit consumer penetration over the past decade, retailers have had to adapt, respond and plan for new layers of complexity within their tax reporting structures.
This playbook takes a look at how a tax automation solution allows retailers to successfully navigate the three most common points of change. Many of these latest tax automation solutions make it easy to customize who is responsible for paying and collecting the tax and then shift those responsibilities as technology, regulations and businesses change. Readers will learn about:
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