Invoice Accuracy is a Fuel Industry Problem—Fuel Tax Compliance is Key!
An estimated 25% of all fuel invoices are inaccurate in some way. If you’re a seller who’s generating bad invoices, your revenues and reputation are at risk. Excise tax errors can leave you liable for back taxes and fines or penalties. Additionally, a supplier that generates bad invoices risks damage to hard-won customer loyalty and market reputation.
In this webinar, senior product manager and resident tax expert for Avalara’s Excise Tax Division, Gary Davis, discussed fuel tax calculation and invoicing challenges facing suppliers as well as strategies to ensure that invoices are accurate.
What you will learn:
- The fuel excise tax challenge
- The business impact of inaccurate invoicing
- Three strategies to ensure invoice accuracy