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VAT

Improving Sales Tax Automation in Manufacturing

Managing manufacturing sales tax is complex for a number of reasons. You may have thousands of SKUs with taxability rules that differ across states, as well as hundreds, if not thousands, of exemption certificates to track and keep up to date for your customers. Additionally, tracking your own inventory for materials used internally that are taxed differently than if you resold the item can put a lot of additional sales and use tax knowledge strain on your purchasing teams.

Source: SOVOS