It’s no secret that businesses make purchases and that these purchases are sometimes not used as planned. When this occurs, many fail to properly assess consumer use tax on these transactions. Why? Because it is complex, manual and time-consuming.
If you struggle with the management of consumer use tax (CUT), please watch this video featuring our sales tax compliance partner, Avalara. They just released a new product to add to their compliance suite – Avalara Consumer Use – and walk through CUT challenges and how their new product automates the solution.
In this session, you will:
- Learn how consumer use tax works and why it’s difficult to manage
- Review various scenarios where it comes into play
- Uncover how most companies manage CUT today
- Dig into Avalara’s automated solution