The evolution of technology impacts every aspect of our world today – and communications tax is no exception. The pace of technological advances can further increase ambiguity in an already complex landscape. But, no matter where you are in your journey, Avalara is here to help you navigate communications tax compliance confidently to help minimize risk.
The communications industry continues to rapidly change as it adapts to increased competition, industry consolidation, product diversification, and technology innovation. Consumers and business users alike demand immediate gratification in today’s always-on society. We all expect access to the content we want, when and wherever we want it. As 5G expands, areas like the Internet of Things (IoT) will grow exponentially. As a result, new IoT applications are not only transforming our personal lives, but as they enter the commercial sector, they’re changing the way business is done.
All this is shifting how we think about the world around us, and leads to similar questions regarding communications tax. As more and more non-traditional telecom businesses become subject to communications tax, new entrants to the space must get up to speed quickly. Even for industry veterans, it’s challenging to stay on top of all the change.
This whitepaper provides a broad overview of the ins and outs of communications tax to help you better understand the basics of how it works and what you should focus on to prepare for these changes. Planning for the implications of communications tax can help businesses stay compliant, reduce errors, and minimize audit liabilities.