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Sales Tax Rules and Rates Update Part 2: Inflation and a Narrowing Base Pose Limits

As indirect tax leaders consider how substate jurisdictions are increasing rates and instituting new sales taxes, they should recognize several long-term dynamics that hint at what is in store for sale tax rules and rates in the years to come.

Three trends, in particular, suggest that tax authorities are increasingly likely to make more dramatic sales tax changes moving forward. These factors include: ..

Source: vertexinc.com

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