Sales tax and due diligence in an M&A
Those involved in mergers and acquisitions often get understandably excited about the deal,...
Being in the telecommunications industry, you assume you only need to charge sales tax in your home state, right? Wrong.
In this industry, nexus is created by leveraging the infrastructure within a state to deliver your service -- regardless of whether you own the infrastructure or not. Nexus is assumed wherever you have customers, which extends way beyond New York. Management decides to prevent future non-compliance. Unfortunately, some penalties are unavoidable, but the problem has been identified and it's time to move forward.
We provide expertise, as well as a high level of focus and attention that your business deserves. We answer all your questions, and when you stop asking questions, we're still actively communicating with you about your data.
And you have a dedicated sales tax expert assigned to your account who’s on-call to answer any questions, and who really feels like an extension of your own team. That’s what happens when it’s all on us.
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Those involved in mergers and acquisitions often get understandably excited about the deal,...
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