4 Reasons for Retailers to Automate the Tax Process
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Nancy Rieti
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3. Changing tax environment. For most companies, the sheer uncertainty of tax changes has only been heightened in recent years. Over 500 rate changes in 2010 alone show that governments are looking to increase tax revenues, some even targeting the retail industry. Managing the volume of new tax rates presents many challenges for retailers who need to focus on other areas in their tax or finance departments. Automation removes this burden and ensures the accuracy of the rate and rule data.
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Nancy Rieti
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