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.
RevX Systems provides customer and revenue management for cellular-connected products: multi-carrier connectivity, subscription and usage billing, payment processing, and branded self-service. Integrated with 150+ carriers worldwide, RevX helps connected-device providers launch, monetize, and scale their subscription offerings. Founded 2006, Aliso Viejo, California.