Sessions

V11 ~ Challenges of Enterprise Tax Management in the Retail Industry

Description

Industry and Vertex experts join to present the technological advances that enable retailers to better manage and control tax compliance at an enterprise level. 

Assuring the appropriate taxing jurisdictions, their rates, complex taxability rules, tax holidays and complex calculation rules across multiple sales channels and stores challenge the ability of tax departments to ensure compliance.

Advances in Retail Management and POS Systems, data standards published by ARTS, and best practices developed by advisors like Accenture create a much better environment for new, more efficient solutions to these challenges.

Audience

All

Objectives

By the end of this session you will be able to:

  • Learn about trends in technology that affects retail store management and tax
  • Learn about new data standards that will facilitate tax calculation
  • Discuss the particular issues that make the management of tax across multiple channels a challenge
  • Learn about approaches to make the management of tax more efficient and consistent

Prerequisites

N/A

Session Level

Basic

CPE Credits

2

Tax Type

Transaction

Delivery Method

Presentation/Exchange