Some companies grow loudly, with splashy headlines and aggressive market trading. Others do it quietly, behind boardroom doors or on factory floors. But whether stock rooms or stock prices are driving growth, if your business is changing, your tax liability is likely changing too.
Nearly every industry has to deal with sales tax in some way, but high-growth companies have it the hardest — and for good reason. Growth equals change. And with change comes new’ or different rules and regulations to follow – many of which may be unfamiliar territory to you and even to the taxing authorities that enforce them.