The complexities of operating in multiple jurisdictions
In the U.S. there are 46 jurisdictions (45 states plus the District of Columbia) that impose a sales and use tax. The tax rate can be as high as 10% in some areas, and these taxes represent a significant portion of a company’s overall tax burden. For national companies, complying with and optimizing against multiple regulations present enormous challenges, especially as cloud computing becomes more prevalent. State and local authorities are aware of these challenges, and many actively use sales and use tax audits as a means of recovering lost revenue, leaving companies facing penalties and interest.
BDO’s sales and use tax professionals draw on a range of backgrounds and work experience, beyond public accounting. Many of BDO’s professionals are former sales and use tax auditors from state tax departments, while others have worked in some of the largest multi-state tax departments in America. Our unique Government and Industry work experience allows us to understand and address our clients’ concerns with technical and practical advice, and services tailored precisely to their needs.
Our partner-led practice helps navigate the pitfalls that affect each unique client, within each particular industry, in each specific geographic area.
- Audit representation
- Reverse sales and use tax audits
- Sales and use tax compliance outsourcing
- Sales and use tax nexus review
- Voluntary and amnesty disclosure registration
- General consulting, including research and planning
- Sales and use tax training