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Accurately define and classify all digital products and services by function to determine correct tax obligations and avoid misclassification risks.
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Break down bundled services to identify distinct tax treatments and ensure proper charging and remittance for each component.
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Align contracts, invoices, and marketing materials with product classifications to maintain consistency and reduce audit risks.
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Regularly review nexus, valuation methods, and collaborate with tax experts to stay compliant with evolving tax laws and strengthen audit readiness.
Source: www.taxconnex.com
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