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When using a third party compliance system, product taxability is often an issue that must be addressed. Products taxable in one state may be exempt in others. DMA helps identify which products may be subject to varying taxation.
Each category is researched and updated. No matter what part of the country or world you sell an item, the correct taxes will be retrieved based on its product type. In special situations where customization is needed, you can count on DMA to provide the necessary assistance. In order to obtain accurate calculations provided by the system, it is extremely important to map your organization’s material product (SKU) numbers to the corresponding product codes within each tax module. DMA can assist with this procedure because of its in-depth understanding of the tax laws. Tax laws can vary per industry and, in the case of VAT taxes, per country.
With DMA by your side to provide the necessary legwork, we greatly simplify this process by bringing our experience to the table so that you avoid the pitfalls of miscoding. For unique taxability issues, we perform all necessary research, taxability request and phone calls necessary to establish the correct taxation of a good or service. Our results are always backed up with documentation such as tax statutes and specific policy quotes by the governing jurisdictions.
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