Taxing the Digital Economy: The Anachronism of Street Address

Real estate may be all about “location, location, location,” but it is just as critical when it comes to determining accurate sales tax. Historically, customer street addresses are highly important for ensuring accurate tax determination. As technology—and the subsequent concern of privacy—evolves though, digital content providers need a path to compliance that is not reliant on customers sharing exactly where they live. 

But how can businesses walk that line? Opting for a solution supported through modern tax technology can be the answer. Organizations must address this issue head on to ensure they maintain taxing the digital economy in an ever-evolving world.