When it comes to activities for accountants and small business clients, exposure to unexpected sales and use taxes in jurisdictions may be likely if they think they are not required to report.
Here are 10 common nexus-creating activities for sales and use tax.
Ownership of real property in a jurisdiction (stores, warehouses, offices, etc.)
Ownership of personal property (machinery, equipment, etc.)
Leasing of real property (stores, warehouses, etc.)
Leasing of personal property into a state (machinery, equipment, etc.)
Maintaining of an inventory, whether consigned, stored or carried by sales representatives
Travel of employees into a state to conduct sales, training, deliveries, installations, repairs, etc.
Use of independent sales or manufacturer's representatives, even if they are not exclusive
Use of sub-contractors for repairs, maintenance, installations, etc.
Delivery of property in seller-owned vehicles
Allowing employees to telecommute or use a home office
For more information, please click here.
Network, learn, and discuss challenges and accomplishments among Vertex tax professionals.
When migrating from SAP ECC to S/4HANA, it’s critical for tax and finance to anticipate impacts on their current tax technology implementation.
Read Time 2 Mins
In this video, we illustrate how this tool improves VAT accuracy, reduces IT support, increases tax department efficiency, and improves audit performance.
Watch Time 2 mins
Learn how this data mapping tool in SAP can reduce reliance on IT support and improve VAT determination accuracy in Vertex.
Read Time Less Than < 1 Min
Discover how our technology solutions and software can help you streamline tax, stay compliant, and grow your business.
Discover how Vertex can help you. Complete the form below and get started today!