Regulatory Evolution The Multistate Tax Commission is actively working on amending tax legislation such as PL 86-272, indicating ongoing efforts to adapt to digital and internet-based commerce. This presents opportunities to offer innovative tax compliance and automation solutions that align with evolving state tax policies.
Tax Policy Development As the agency develops model statutes for combined reporting and unified tax policies, there is a potential demand for consulting and software tools that assist jurisdictions in implementing these complex tax strategies.
Legal Expertise Needs Recent leadership changes, like the departure of the general counsel, may create openings for legal tech solutions or consultancy services to support legal departments in navigating state tax regulations and compliance matters.
Government Collaboration With a focus on promoting consistent tax policies across states, the company may benefit from solutions that facilitate inter-governmental communication, data sharing, and policy harmonization, appealing to vendors with government-facing technologies.
Industry Partnerships The agency's focus on advancing uniform tax administration presents sales prospects for tools that enhance transparency, compliance, and reporting for state and local tax authorities, especially those streamlining tax data management and analysis.