This episode is sponsored by Avalara.
Every year brings tax changes at the local, state, and national level, and Avalara has captured the latest updates in their newest tax changes report, which is available now.
Avalara's vice president of government relations, Scott Peterson, joins us to discuss some of the report's findings and major themes, including what Scott calls 'off the charts' levels of change in terms of transaction taxes in the US.
At the federal level, income tax changes are set to have a direct impact on state income taxes ,and Scott explains how states will react based on own funding needs. And we discuss why states are expanding their sales tax base into digitawl good and servicees, including taxing digital equivalents and B2B services.
Scott also shares his guidance on the role of AI in international tax compliance and what our listeners can take away from this year's report.
To learn more, contact Avalara: microsoft@avalara.com.
