The financial crisis will make it more difficult for businesses to comply with sales and use tax payments, according to a new survey.
Tax management software provider Sabrix said that 61 percent of the more than 150 corporate executives it polled at a recent annual user conference believe that the financial crisis will make it more challenging to achieve sales and use tax and value-added tax compliance. Eighty-eight percent of them believe that state and local revenue shortfalls will result in an increased number of audits.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access