In today’s ever-changing business environment, it has become increasingly difficult for companies to comply with the complex sales/use tax structures of state and local taxing jurisdictions. Lines get blurrier every day given the increase in on-line transactions, the provision of tangible personal property vs. services and the changing landscape caused by developments in case-law and legislation. This is compounded by states becoming more aggressive in auditing taxpayers to recover tax dollars and fill budget gaps.
For these reasons, the sales/use tax area is rife with pitfalls for all businesses, no matter whether they provide goods or services; have single state or multistate activities; or sell online or through brick and mortar stores. GBQ’s SALT team has the depth and breadth of experience both working in corporate tax departments and consulting clients to become a go-to resource in managing companies’ risk in these areas.