Curing Indirect Tax Compliance Headaches for Medical Equipment, Devices & Supplies

The medical equipment, devices, and supplies market has been growing steadily in recent years, driven by an aging global population. Projections indicate that by 2030, one in every six individuals will be aged 60 years or more. Other contributing factors include the rise in chronic diseases, advancements in medical technology, increased healthcare spending, and a trend towards home healthcare and remote monitoring.

These developments pose significant challenges in navigating the tax landscape for manufacturers and wholesalers of medical equipment and supplies as well as the group purchasing organizations (GPOs), hospitals, long-term care centers, outpatient medical facilities, and physician’s offices buying these products. Each must manage complex indirect tax requirements to ensure compliance.

This guide will help you understand these unique challenges and demonstrate how an integrated tax engine can offer an effective solution.

Download the guide today.