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Building a better business case: 5 ways to demonstrate ROI for sales tax automation

ThomsonReuters

In the event of an audit, a tax engine can instantly provide a defensible and audit-ready data trail, saving both auditors and companies a considerable amount of time, money, and hassle. Here are a few ideas: Use indirect tax data to identify tax credits and monitor nexus thresholds. Reduce sales tax compliance liabilities from audits.