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Indirect tax insights
What is indirect tax?
Companies selling products and services are responsible for collecting indirect tax from the buyer. The seller later files a tax return and pays these indirect taxes to the government with the tax return. Examples of indirect tax include sales and use tax, value-added tax (VAT), goods and services tax (GST), excise tax, and other types of taxes. The seller is responsible for accurately applying the correct type of tax across all jurisdictions at the time of purchase – and the tax rates change regularly.
Learn about our solutions to automatically apply the correct tax rate
Corporate indirect tax departments are under pressure to stay up-to-date with the latest global tax rates, laws, and regulations to ensure their companies remain tax compliant
That’s why we regularly publish expert advice on a variety of indirect tax topics, including sales and use tax, VAT, GST, exemption certificate management, and more.
ONESOURCE Determination
Get accurate sales, use & excise tax, VAT, and GST for your indirect tax calculations with our global tax determination software