TTR Announces Expanded Retail Sales & Use Tax Library

Mar 12th, 2014

(McMinnville, Oregon, March 12, 2014) Transaction Tax Resources, Inc. (TTR), the leading provider of sales and use tax answers, has expanded its retail sales and use tax library. Now offering an improved structure, finding accurate tax answers for the Retail industry has never been easier.

TTR's retail library now has over two million tax answers in these areas: pharmacies, sales tax holidays, apparel, groceries, United Nations Standard Products and Services Codes, and more.

For example, TTR addressed all items sold by pharmacies, covering the ten different kinds of sales that occur. This includes sales made with or without a prescription, and sales paid for or reimbursed by Medicare or Medicaid. These different perspectives, paired with TTR's "compare it" feature, allow subscribers to instantly compare an item's tax answer across all states, saving hundreds of hours of research.