Tax Compliance Checklist for Telecom and Tech Companies

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