- Sales tax audits have changed post-Wayfair, focusing more on sales tax rather than use tax
- Exemption certificates and nexus questionnaires are now more important in audits
- Sales tax is a significant revenue source for jurisdictions
- Ways companies can get flagged for an audit include audits of customers or suppliers, industry comparisons, and non-compliance with tax schemes
- Penalties from audits can include 25% or more in penalties, above-market interest, liens, collection agencies, or criminal action
Source: taxconnex.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.
Latest Posts in "United States"
- Clarifying California Sales Tax Regulations for Software and Technology Transfer Agreements
- Washington Issues Tax Guidance for Pre-October 2025 Service Contracts Affected by New Legislation
- State-by-State Guide: Is Restaurant Food Taxable? Understanding Sales Tax on Prepared Meals
- Louisiana Sales and Use Tax on Digital Products and Services: August 2025 Update
- Illinois DOR Releases Updated Guidance on Destination-Based Sales Tax Collection and Remittance
