States look to the cloud for more revenue in 2015
With over 12,000 jurisdictions in the U.S. and hundreds of thousands of rule changes annually, sales tax is a moving target in the best of times. Managing sales tax accurately requires a level of expertise many companies simply don’t possess. And 2015 is shaping up to be an even thornier year for sales tax compliance.
In addition to the usual suspects—constantly shifting nexus rules, product and service taxability changes, etc.—states are working even harder to capture untapped sales tax revenue in 2015. One place they’re looking is the cloud.
February 2, 2015
