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RevX untangles the complexities of M2M/IOT taxation
For Immediate Release Wed May 17, 2017 12:05:00 AM MDT

Assess Your Compliance requirements with our Taxability Test

Things are increasingly “connected” by way of cellular communication. As companies bundle products with cellular network services, they should consider the possibility that there may be a tax implication.

With federal and state tax authorities scrambling to define laws governing the Internet of Things the question arises; how do I know if my business is liable for state communications taxes or federal regulatory fees?

It’s easy to assume that a connected device won’t be subject to taxes or regulatory fees. But there are times when state communication tax and federal regulations do come into play. Remaining compliant requires staying up-to-date on the latest tax law developments and definitions with each new offering and innovation. 

RevX Systems in partnership with Avalara, the leader in automated tax compliance solutions, can manage your billing and compliance requirements.  We’ll keep you up to date on the latest regulatory changes and eliminate the potential risk associated with unpaid taxes.  

To learn more, send us an email and request a free guide to assessing potential tax liability in the IoT space today.