Case Study
Sovos Compliance uses the GeoTAX solution to deliver tax compliance advice more accurately and quickly
Sovos Compliance uses the GeoTAX solution to deliver tax compliance advice more accurately and quickly
Overview Companies that sell products or services in several different tax jurisdictions face complex and diverse tax rules. For example, clothing retailers in Massachusetts must collect sales tax, but only on transactions above a certain threshold. In many states, food destined for home consumption is exempt from taxation, but food served in restaurants is taxable. In Phoenix, businesses may have different sales tax rates, depending on which side of the street they are on. And many ecommerce sales that cross state lines incur different tax rates than in-state transactions. These types of tax complexities have driven many retailers, manufacturers and other firms to seek assistance from Sovos Compliance. The company’s software-as-a-service (SaaS) Intelligent Compliance Cloud helps cli