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3 Ways Tax Automation Prepares Retailers for New World of E-Commerce
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Managing a company’s tax responsibility has always been complex — even before it was common for brick and mortar retailers to have an e-commerce channel. But as e-commerce has grown, consistently capturing double-digit consumer penetration over the past decade,1 retailers have had to adapt, respond and plan for new layers of complexity within their tax reporting structures.
Managing taxes across different channels and platforms is incredibly complicated, and there’s great pressure for those taxes to be calculated consistently.
Being able to implement a tax solution across all channels at one time, confidently capturing a holistic sense of your business’s obligations, is essential, and that’s what tax automation enables companies to do. This e-book looks at how a tax automation solution allows retailers to successfully navigate the three most common points of change.
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