Ensuring proper tax calculation and compliance is a critical risk mitigation strategy, especially for growing midmarket retailers that want to expand across channels, markets, and countries. After all, when you get tax right, the customer doesn’t tend to notice. But if you get it wrong, you run the risk of dissatisfied customers and hefty audit penalties for incorrect tax remittances, among other outcomes that can throw your growth plans off course.
Unlock the knowledge, skills, and technology you need to stay compliant. Read on to challenge your status-quo thinking about tax and commerce, and discover the five essential tax truths all retailers should bake into their growth strategies.