Use Sales Tax Management to Improve Compliance, and Add Value to Your Microsoft Dynamics Performance

Have you heard the joke about the sales tax audit? No one has. There is nothing funny about a sales tax audit. In the USA, 45 states, the District of Columbia, 4,696 cities, 1,602 counties, and 1,113 other jurisdictions impose some form of sales tax. In 2005, these taxing entities combined for over 3,000 changes in rates and rules – that is over 10 per business day. There is no joke about trying to keep current with this many changes for an everyday routine calculation. Remember, the accuracy of a sales tax calculation is never praised, it is only noticed when it is wrong. This white paper explains the three major trends in the sales/use tax arena that financial officers need to understand.

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