What does geocoding technology have to do with sales and use tax data? It mitigates the errors associated with physical addresses that can create costly liabilities.
In many industries, sales tax and use tax are collected based on physical service addresses, or in the case of Internet sales, delivery addresses. It goes without saying that if the address is inaccurate, the results are erroneous billing and delayed remittance, resulting in interrupted cash flow that can negatively impact to a business.
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