Avalara Announces 1,805 Total State & Local Jurisdictions Sales Tax Rate Changes in 2009 as of October
Outsourced Sales Tax Provider Avalara Also Reports 15 Boundary and Taxability Changes for October 2009
BAINBRIDGE ISLAND, Wash.--(EON: Enhanced Online News)--Avalara (www.avalara.com), the leading provider of Web-powered sales and use tax automation solutions for businesses of all sizes, has released its most recent rate and boundary update to thousands of the company’s on-demand sales tax management customers.
“Jurisdictional boundaries are not reflected by postal codes, making Zip Codes an ineffective means for calculating sales tax on many addresses”
Derived from changes provided by state revenue departments and information developed by the company’s tax research group, the update is largely transparent to users of the Avalara service, which integrates seamlessly with financial applications and returns accurate calculations in sub-second intervals.
In October, sales tax rate changes were incorporated for taxing jurisdictions in three states, bringing the 2009 total to date to 1,805.
Avalara also updated jurisdictional boundary information within three different states, assigning as many as six or even eight taxing authorities to a single street address in some states (state, county, city, special tax jurisdictions, etc.).
“Jurisdictional boundaries are not reflected by postal codes, making Zip Codes an ineffective means for calculating sales tax on many addresses,” explained Michael Gardner, Avalara’s vice president of compliance.
In addition to rate and boundary changes, Avalara also added 14 new taxability rules to its database, covering such items as digital goods in Washington State, hosted software in Michigan, and service contracts in non-SST (streamlined sales tax) states.
Avalara tracks sales and use tax rates, boundaries, and taxability rules in more than 14,000 taxing jurisdictions in North America alone.
About Avalara
Based in Bainbridge Island, WA, Avalara is transforming the sales and use tax compliance process for businesses of all sizes by delivering advanced technology solutions that provide the fastest, easiest, most accurate, and affordable way for companies to address their statutory sales tax requirements. Chosen by nearly 10,000 businesses throughout the U.S., Canada, and abroad, and a trusted provider of over 100 million sales tax calculations annually, Avalara is the recognized leader in web-based sales tax services and solutions. For more information, please visit www.avalara.com or contact Althea Azeff.
