
State business tax considerations for H.R. 1, the “One Big Beautiful Bill Act”
This Insight discusses some of the major business tax changes and the initial state income tax considerations with enactment of H.R. 1, the “One Big Beautiful Bill Act."
In today's ever-evolving regulatory landscape, managing indirect tax-related requirements is becoming more challenging. Tax departments are now expected to accomplish more with limited resources, while each entity within a company may face unique impacts.
Indirect tax can be particularly demanding due to its data-intensive nature, surpassing even income tax in terms of complexity. Companies often find themselves analyzing thousands or even millions of transactions on a monthly basis. Moreover, they must navigate complex reporting obligations that can differ from country to country, state to state, or even county to county.
PwC’s specialists bring strategic thinking, deep tax knowledge, leading technologies and managed services to help you with identifying and exploring indirect tax opportunities, such as value-added tax (VAT), sales and use tax, excise tax, indirect tax operations and property tax, providing you with the solutions needed to optimize your tax management plans.
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Indirect Tax Edge is a single solution, accessed through PwC's compliance services, to manage complexities and reduce the burden of sales and use tax compliance and reporting.
This Insight discusses some of the major business tax changes and the initial state income tax considerations with enactment of H.R. 1, the “One Big Beautiful Bill Act."
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