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Major changes ahead for sales tax compliance
Source:
taxprotoday.com
- May 3, 2017
The future of sales tax compliance is digital, and governments are playing a major role in driving the change, Avalara CEO Scott McFarlane is warning companies and their tax advisors.
Speaking at Crush 2017, the sales and use tax compliance solution provider’s second annual user conference, in Austin, Texas, this week, McFarlane told attendees that, “The importance of technology in tax is going to change tremendously” in the near future, as taxing jurisdictions aim to boost overall compliance – and their collection rates.
“Governments are going digital” in their approach to sales and other indirect taxes, he said. “What they’re saying is, we want to be part of the transaction when it happens.”
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Category: General Business
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