Report

Rates and Rules Report

Rates and Rules Report

Pages 5 Pages

Vertex Inc.'s 2023 MID-YEAR Rates and Rules Report provides an insightful overview of the constantly evolving sales tax landscape across the United States and Puerto Rico. This crucial document details the sheer volume of rate changes, with hundreds occurring annually across state, county, city, and district jurisdictions. It highlights the continuous flux in the tax environment, impacting businesses striving for compliance. The report presents annual summaries of average U.S. sales tax rates, illustrating the incremental increases and complex variations. It also identifies specific high-rate jurisdictions, such as Puerto Rico's 10.500% state rate and Louisiana's highest combined rate of 12.950%. This intelligence underscores the significant challenge businesses face in maintaining accurat

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