Compliance for insurance taxes

Challenge:
There are hundreds of tax types in the insurance industry. Your company may be subject to premium taxes and additional assessments as well.
Researching all the rules is time-consuming and understanding how to apply them requires expertise.

Solution:
Avalara offers comprehensive research from insurance tax experts. What you’re looking for can be quickly found and easily referenced, providing clarity and saving time.

Challenge:
Tax rates and rules vary by country and state, and authorities differ on how insurance companies or brokers must register.
With so many regulations to keep up with, human error is common.

Solution:
Avalara provides updated rates and rules from around the world, supported by insurance experts.
Automated updates to forms also means you have fewer manual tasks to contend with.

Challenge:
If you’re using a combination of new and legacy systems, managing compliance can be risky and problematic for IT. It’s also unlikely to survive future developments in tech requirements or tax legislation.

Solution:
Avalara solutions integrate into hundreds of systems, eliminating the need for major overhauls and ongoing maintenance.
Increased compliance can be achieved today and maintained in the future.

Challenge:
Entering new markets or launching new products creates additional compliance liabilities. Inefficient management can mean diverting staff from revenue-generating roles, slowing business growth and cash flow.

Solution:
Avalara solutions allow you to offload manual and time-consuming compliance tasks so your teams can focus on new business.
Avalara offerings are scalable so you can meet new demands without the need for constant upgrades.