U.S. Sales Tax Rate Changes Reach 10-Year High
It's clear that tax departments will need to be nimble once again in 2024, adjusting to the situations outlined above along with other developments including legislative and regulatory changes.
Vertex Inc.
Tax Transformation is Integral to Broader Business Modernization
Tax transformation will play an outsized role for businesses in their broader technology modernization efforts...
Indirect Tax Compliance Poses Risk to Majority of Businesses
74 percent of global businesses report accepting indirect tax compliance risks, in relation to their company’s tax compliance strategy.
Vertex Announces Strategic Partnership with Pagero
Vertex e-Invoicing, partnering with Pagero, simplifies indirect tax compliance and streamlines Continuous Transaction Controls (CTC) requirements.
Vertex Indirect Tax Determination Solution is Now an SAP Endorsed App on SAP Store
Endorsed Apps are selected by SAP for the value they provide to their customers and the proven ability to deliver desired outcomes.
State and Local Taxes Changing At Rapid Pace
Over the past 60 years, in times of adverse economic cycles, sales taxes have provided a more resilient method of funding relative to income and property taxes.
Digital Automation Increasing in Tax Firms
Expect to see a bigger push for digital automation. This is not a new phenomenon — but rather one that will be recognized for the true advantage it brings.
State and Local Sales Taxes at All-Time High
The Mid-Year Rates and Rules Report revealed that, although the implementation of taxes is beginning to level off, rates are higher.