States Act to Outlaw Possession and Transfer Of High-Tech Software Used to Evade Sales Taxes

The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.

For many years, the use of an automated sales suppression device to evade taxes has been a significant problem for governments in Canada and the European Union. Now the problem has emerged in the United States, and in this article, Bloomberg BNA takes a look at how legislatures across the U.S. are enacting measures to confront the high-tech crime just as state tax administrators are beginning to calculate the significant revenue losses caused by these devices.