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2023 Sales Tax Report: Record High Rate Changes Pose Challenges for Businesses

  • Vertex Inc. released the 2023 End-of-Year Sales Tax Rates and Rules Report
  • The report highlights standard sales tax rate changes and notable trends and statistics
  • U.S. sales tax rate changes reached a 10-year high
  • Businesses will face challenges in meeting their compliance obligations due to these changes.

Source: vertexinc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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