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August 21, 2018 56 mins
The buzz: “Tax technology is emerging as one of the most important enablers of effective tax department design and delivery” (kpmg.com). With the U.S. Supreme Court’s South Dakota v Wayfair ruling on June 21, 2018, states can require remote sellers to collect sales and use tax on out-of-state transactions if they reach certain economic nexus thresholds. The ruling’s ripple effects place new demands on how businesses manage, calculate and report tax. Can technology help your business ease the burden to collect, remit, and report on tax liabilities, become compliant, and reduce potential liability risks? The experts speak. Michael Bernard, Vertex: “I'm not trying to cause a big sensation I'm just talkin' 'bout my generation” (The Who). Les Jackson, Deloitte: “You just got lesson number one: don't think; it can only hurt the ball club” (Bull Durham). Knut Barthel, SAP: “My hovercraft is full of eels” (Monty Python). Join us for New Tax Burdens: Can Technology Rescue Your Business?
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