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A survey of sales, use, and VAT tax solutions.

As a business progresses through the growth cycle, from start-up to Fortune 100, there is a need to assess periodically the methods and systems used to comply with sales, use, and VAT tax laws. This need can grow as the company itself grows, from doing business in a single state to doing business in all states and internationally. With expansion, the costs of noncompliance--with taxes being imposed at 4.5 percent to 10 percent on the top line--can create tremendous financial (and reputational) exposure. If handled properly, the sales or VAT tax is generally collected from the consumer and does not become a liability of the business. If proper systems are not put in place, ...

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