Sales Tax and the Supply Chain: Avoiding Audit in High-Risk Areas
For businesses providing products and services along the supply chain, sales tax audit risk isn’t always obvious.
And yet businesses such as wholesalers, manufacturers, distributors, and retailers represent some of the highest risk industries. Understood as the method by which a product or service is brought to the end-user from the manufacturer in a systematic fashion, the transactions along the way between various companies along the chain can expose a business to audit risk.
This Q&A reviews pressing questions of supply chain audit risk.
