Understanding and Managing Sales and Use Tax (Seventh Edition)

Sales and use tax management is one of today's most dynamic areas of tax law and practice. Compliance with and planning for sales and use tax is more complicated and more important than ever. Transactions conducted across state lines, foreign sourcing, electronic commerce conducted over the Internet, and the proliferation of mail order businesses have increased both the complexity and the revenue risks and rewards for individual states. And with many state budgets deep in red ink, state legislatures are actively seeking new and additional sources of revenues, and state revenue departments have become increasingly more aggressive and far-reaching towards all industry segments, making the jobs of those responsible for managing sales and use tax increasingly more difficult and critical.