Report

Rates and Rules Report

Rates and Rules Report

Pages 5 Pages

The Vertex Inc. "2024 MID-YEAR Rates and Rules Report" provides an impartial overview of the dynamic U.S. sales and use tax landscape from 2014 to mid-2024. This report details the extensive volume and frequency of tax changes across state, county, city, and district levels, including new taxing jurisdictions. It highlights that since 2014, there have been an average of 610 new and changed sales and use tax rates annually, totaling 6096 changes. The document also presents average sales tax rates, noting significant variations, such as Puerto Rico's highest state rate at 10.500% and California's highest combined rate at 16.75%. This data underscores the immense complexity and ongoing challenge businesses face in maintaining sales tax compliance across numerous U.S. and Puerto Rican jurisdic

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