- Reverse sales tax audits can uncover hidden opportunities for companies
- Information necessary for a reverse audit includes tax data and records
- Reviewing tax data can help identify overpayments
- Companies can claim a refund for overpaid sales tax through a reverse audit
- Changes can be made to sales tax compliance after the audit is completed
Source: tax.thomsonreuters.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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