- Adding a new product without checking taxability can lead to uncollected sales tax and penalties
- Sales tax regulations are constantly changing and can be complex
- Selling in multiple jurisdictions and determining sales tax exemptions can be challenging
- Different types of products have different tax rules
- Digital products may not always be exempt from sales tax
- Failing to stay updated on sales tax developments can have negative consequences
Source: taxconnex.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
