Managing sales tax for retail companies

No industry has experienced massive change and growth over the last few years quite like retail. From strategies like buy online, pick up in store to a boom in ecommerce both global and domestic) to a rise in multichannel and marketplace selling, it seems like there is something new for your customers to pay attention to every few months. And of  ourse, the sales tax rates and rules are in constant flux too.

Tax legislation on the tobacco (and now vape) industry has been changing since the jazz age, and it shows no sign of slowing down — even 100 years later. In fact, with the  ise in popularity of vape products and the new legislation built into the 2020 COVID-19 relief bill, tobacco and vape manufacturers, sellers, and distributors might be subject to  ore complicated rules and regulations than ever.

COVID-19-related changes left beverage alcohol industry shaken and stirred The COVID-19 pandemic ignited an explosion in ecommerce across most industry sectors. Beverage alcohol was no exception.

Manufacturers have always faced a unique set of rules when it comes to tax compliance. However, two forces — the COVID-19 pandemic and the rise of ecommerce — are changing some of the fundamental assumptions that manufacturers have always operated under.