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Vertex, Inc. reports a significant wave of 681 tax rate changes and 335 new taxes impacting 12,414 jurisdictions.
Chris Hall, Senior Tax Officer at Vertex, Inc., warns that these figures highlight mounting complexity for indirect tax teams in the period ahead. In a recent blog and video, Hall examines how these sweeping changes could affect compliance requirements and internal processes for organizations. The expansion of new taxes and jurisdictional updates signals an urgent need for robust, adaptive tax strategies.