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Stock impact report

Vertex Report: U.S. Sees Record-Level Growth in Sales Tax Rates and Rules Changes in 2025 Amid Fiscal Uncertainty

Vertex, Inc. - Class A (VERX) 
Company Research Source: GlobeNewswire
KING OF PRUSSIA, Pa., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today released its 2025 End-of-Year U.S. Sales Tax Rates and Rules Report. Tracking 12,414 U.S. tax jurisdictions in 2025 where sales and use tax rate and rule changes occurred, the findings reveal one of the most active and complex years in more than a decade. According to the report, 681 total sales tax rate changes and new rates were implemented in 2025, representing one of the highest annual totals in recent years. Notably, the year saw 335 new city, county, and district taxing jurisdictions enacted—a 10-plus-year high driven by local governments working to stabilize and identify new revenue opportunities. “The pace and scale of sales and use tax changes in 2025 are unlike anything we’ve seen in recent years,” said Chris Hall, Senior Tax Officer at Vertex. “The surge in new taxing jurisdictions, combined with incre Show less Read more
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