Thomson Reuters has launched ONESOURCE Sales and Use Tax AI, an Artificial Intelligence (AI) system designed to help with sales and use tax compliance. The system automates data import, validation, and return mapping across over 19,000 U.S. jurisdictions, significantly reducing the compliance cycle time and manual handling, while creating a complete audit trail, thereby reducing exposure to audit.
Every tax department has that moment. The calendar flips, returns pile up, spreadsheets multiply, and someone asks the same question they asked last quarter: “Are we comfortable signing this?” It feels familiar, maybe too familiar. For sales and use...
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