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Sales tax information on vendor enrollment form

March 31, 2023
April 19, 2024

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Q. We are in the process of updating our vendor enrollment form and we wanted to add a question to the form regarding sales tax. This way, we can distinguish vendors that are taxable, non-taxable, or taxability depends.  Do the IOFM Panelists have any guidance on best practices and questions to add on the vendor enrollment form? A. (Answered by the IOFM Advisory Panel) ----- We will be utilizing a third-party versus our ERP’s tax engine and using categories to drive taxability. We will rely on…

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