The dynamic nature of tax laws, with over 12,000 taxing jurisdictions in the U.S. and more than 19,000 globally, presents significant challenges for businesses in maintaining compliance and accuracy in tax calculations. To manage this complexity, many companies integrate a third-party tax engine like Vertex, which automates tax content updates and calculations across various transaction systems such as ERP, e-commerce, and procurement systems. This solution not only enhances tax accuracy and compliance but also eases the IT burden by serving as a centralized source for tax data and calculations. Vertex's tax engine streamlines the tax determination process by applying up-to-date tax rules and rates in real time, ensuring accurate tax calculations are fed back to the source systems.

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