Cherry Bekaert: Technology
Cherry Bekaert’s podcast for technology where we discuss developing trends and market dynamics as well as tax and accounting tips that could impact your business.
Cherry Bekaert: Technology
What Tech Companies Overlook in Sales Tax Reporting?
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Cherry Bekaert
Tech entrepreneurs and company leaders are often so laser-focused on company growth that sales tax is not top-of-mind. But since the 2018 Wayfair decision – a ruling that allows states to impose sales tax obligations on companies with economic presences – many technology companies still disregard an important tax obligation, leading to costly and complicated compliance situations.
Join leaders of Cherry Bekaert’s Sales Tax team for a short series that will focus on important issues affecting your technology company. Tax Partner Megan Hutchinson moderates the first episode as Lauren Stinson, Sales & Use Tax Leader, and Don King, Indirect Tax Director, cover these areas and more on:
- Taxability considerations for technology
- Sourcing challenges
- Impacts on M&A transactions
Other relevant guidance:
- https://www.cbh.com/guide/alerts/sales-and-use-tax-technology-and-the-evolving-definition-of-sales-tax-nexus/
- https://www.cbh.com/events/why-growing-tech-companies-need-a-sales-tax-strategy-now/
- https://www.cbh.com/guide/case-studies/sales-tax-exposure-reduction-in-technology-companies-acquisitions/