Aberdeen Group Research Brief 2011

Aberdeen Group Research Brief 2011

Sales and Use Tax: Cost of Compliance at a Glance

State and local governments are increasing their audit initiatives against
companies to compensate for their revenue shortfall. Not only has the
momentum picked up among the auditors, but the expertise among these
auditors is decreasing. This means that companies that are not transparent
and proficient in their sales and use tax practices are opening themselves up
to any potential fine or penalty that the government issues them - with no
means of defense or protection. Experiencing government audits can be
disruptive to any business, let alone the potential cost of an incorrectlyconducted
audit. This research paper compares the cost of compliance (in
$US) with and without audit for small, midsize and large enterprises.

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