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Vertex 2024 Mid-Year Sales Tax Rates and Rules Report Reveals Local Governments are Increasingly Dependent on Sales Tax Revenues

GlobeNewswire LogoGlobeNewswire2d ago

Vertex 2024 Mid-Year Sales Tax Rates and Rules Report Reveals Local Governments are Increasingly Dependent on Sales Tax Revenues - GlobeNewswire

Quick Summary:

The 2024 Mid-Year Sales Tax Rates and Rules Report alerts indirect tax teams on the substantial number of tax rate changes through June 30.KING OF PRUSSIA, Pa., July 25, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc.(NASDAQ:VERX) ("Vertex” or the "Company”), a global provider of tax technology solutions, today released its latest findings from their Mid-Year Rates and Rules Report.

Key findings from the Vertex 2024 Mid-Year Sales Tax Rates and Rules report include: City-level spikes: The first half of 2024 witnessed an unprecedented spike in city-level sales tax rate adjustments.

The 2024 Mid-Year Sales Tax Rates and Rules report outlines the evolving landscape of local tax implementation, proliferation of fees, and increasing complexity of tax compliance for businesses across the U.S.

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Article Details

Author / Journalist: Vertex Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 12:00:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 662 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 21772321

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Year Established: 1998

Headquarters: China

News Last Updated: 1 days ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #116

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