Interstate sales tax rules and issues vary widely by industry and by state. The sales tax issues confronted by high-technology companies are dramatically different than those faced by contractors. Over the years, we have tracked the sales tax issues that seem to be the most troublesome for our clients based on their industry classification.
FFollowing is a listing of the sales and use tax issues that most commonly challenge companies in these selected industries. The sales tax issues, if not properly addressed, can create significant tax liabilities for the company. Each company's sales tax responsibility is unique and must be analyzed on its own facts. If you have any questions about how these issues may impact your business, please call us for a free 30 minute consultation or send us an email at info@salestaxstrategies.com.
Technology
- Nexus determination and containment
- Product and service taxability
- Invoice preparation to minimize tax consequences
- Data processing, ASP, and SaaS tax rule conformity
- Planning issues to minimize tax
Manufacturing
- Exemption certificate management
- Tax exempt purchase maximization
- Drop shipment rules and exemption certificate management
- Aggressive audit management
- Use tax accrual process improvement
E-Commerce and Retailing
- Nexus determination and affiliate nexus issues
- Accurate product and service tax matrix
- Accurate tax reporting
- Analysis of bundled transaction tax rules
- Resale exemption certificate management
Healthcare
- Sales tax exemption maximization
- Use tax accrual processes
- Identifying taxable product sales and taxable services
Construction and Repair Services
- Nexus determination and nexus containment
- Contractor or retailer determination
- Taxation of repair and installation services
- Use tax management
- Government contractor rules and tax determination
Professional and Personal Services
- Nexus determination and nexus containment
- Inaccurate invoice preparation
- Use tax management on consumables
- Taxation of services and bundled transactions
Wholesale and Distribution
- Third-party drop shipment rules and certificate management
- Resale exemption certificate management
- Exemptions for equipment use in distribution centers
- Nexus determination and nexus containment
