VATupdate

Share this post on

New York: SaaS Provider’s Vendor Management System Fees are Deemed Taxable Software Licensing

In a case involving a taxpayer providing a seamless, automated and efficient system of fulfilling and monitoring its customers’ temporary employment needs through a web based application delivered through a software-as-a-service model, its charged vendor management system fees were deemed to constitute taxable licensing of prewritten software via a bundled transaction.

Source Deloitte

Sponsors:

VAT news

Advertisements: