6 Surprising Ways Sales Tax Affects Retailers

And what your product UPCs aren’t telling you.

Sales tax is often an afterthought for retailers who are laser- focused on increasing revenue. Yet sales tax compliance costs your business more than you realize, draining valuable resources and exposing your company to risk.

Learning the Hard Way

Recent media reports have uncovered a harsh reality that some retailers are learning the hard way. Interpreting complex rules and rates commonly results in errors, no matter how diligently the tax team researches sales tax rates and assigns them to products. And the exposure may be more than meets the eye – this compliance responsibility affects top management priorities.

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