Small to midsize retailers have responded to consumer demand by pivoting to support multiple shopping methods and fulfillment models. These include buy online, pick up in store; curbside pickup; and third-party shopping and delivering apps. This explosive growth does come with a caution: The Wayfair ruling requires retailers to remit and collect state taxes even without a physical presence in the state.
So how can these retailers anticipate future tax burdens and future-proof their businesses? With the help of indirect tax automation technology that enables them to process and calculate indirect taxes as it happens.
Download the playbook to learn how tax automation helps retailers anticipate tax burdens and future-proof their businesses, including by decreasing the risk of experiencing these liabilities: