A global innovator in tax compliance automation, Avalara, has announced the integration of its sales tax calculator plugin with ChatGPT. The move by Avalara is aimed at simplifying tax compliance for businesses and making the journey seamless from start to finish.
Avalara is well-known for offering cloud-based tax compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. The new ChatGPT plugin provides the functionality of a sales tax calculator by enabling users to ask the platform to calculate and provide information on sales tax rates based on their location.
Businesses and consumers can easily install the Avalara plugin from ChatGPT’s plugin store, provided they have a ChatGPT Plus account. With this plugin, users can inquire about sales tax rates or calculate tax for a specific sale based on their location with ChatGPT deciding when to utilise the plugin according to the question and conversation.
Avalara plans a phased rollout of the plugin, starting with US-based ChatGPT Plus subscribers, in line with OpenAI’s ethos of safe and responsible AI development. As time progresses, the plugin will become available to users in other regions.
This development by Avalara, which exemplifies the company’s ongoing efforts to leverage AI in managing tax content, enhancing its products, and aiding its customers, follows the launch of an AI-driven tax classification tool in 2020 and the preview of e-invoicing and returns APIs in 2022.
Avalara’s SVP of Content Engineering, Vsu Subramanian, expressed delight at launching the plugin for ChatGPT, saying, By leveraging generative AI and launching our plugin, we continue to blaze trails for tax automation and have created another way to get sales tax information. And we are just getting started with generative AI. Avalara is uniquely positioned with our industry-leading tax compliance platform to help businesses determine the right rate on transactions.
In conclusion, it is clear that Avalara’s new ChatGPT plugin revolutionises sales tax calculation by providing users with an efficient and easier way of determining accurate sales tax for any transaction. The plugin is available to US-based ChatGPT Plus subscribers, and plans are underway to roll it out to users in other regions in the future.
