About:

founded in 1966, has been a trailblazer in championing diverse artists and driving social change by providing a platform for dialogue and healing that transcends racial boundaries. Under the visionary leadership of Liza Essers since 2008, the gallery has evolved into a global institution with dynamic international programs and a strong commitment to social responsibility and community engagement.
As Goodman Gallery expanded its sales into the United States, they quickly realized they needed to start managing their sales tax jar. Implementing an effective system for calculating, collecting, and remitting sales tax ensured they complied with varied state regulations and maintained smooth financial operations.

Challenges:

Not knowing when/if the thresholds were reached per state and the intricacies around the correct sales tax percentage was really difficult for us. We had instances where we didn’t recover from clients and then had to pay over the sales tax ourselves to remain compliant. We were also concerned about our tax compliance, which is very important to us as a business.

Solution

Complyt has streamlined our sales tax process by automatically adding the appropriate taxes to our invoices, ensuring we recover the correct amounts from clients. As a South African-based finance team unfamiliar with U.S. tax regulations, outsourcing this to Complyt has provided invaluable assistance with tasks like state registrations and local compliance requirements, allowing us to stay efficiently compliant without the complexities. for 19 seconds

  • Accurate Tax Integration: Complyt has provided comfort to our business by ensuring that sales taxes are automatically added to our invoices, allowing us to accurately recover these amounts from clients.
  • Simplified US Compliance: As a South African finance team unfamiliar with US sales tax regulations, outsourcing tasks like state registrations and compliance to Complyt has significantly streamlined our operations.
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months of accurate and timely filings
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registrations seamlessly completed
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state accounts configured 

“By freeing up our time from the complexities of sales tax compliance, Cassandra and her team at Goodman Gallery have been able to refocus on driving growth and what truly moves the needle.”

o   Comfort knowing we are compliant

o   Accuracy of sale taxes recovered and then due

o   State registrations on our behalf

o   Easy to use system to monitor and track sale tax nexuses reached and what amounts were next due

o   Lovely and helpful team behind us all the way!