Starting July 1, 2024, Vermont’s new law repeals the sales and use tax exemption on prewritten computer software accessed remotely, such as “cloud software,” making items like software as a service (SaaS) subject to Vermont’s 6% sales and use tax. The new law specifies that taxable tangible personal property includes prewritten computer software, regardless of the method of payment, delivery, or access. For any questions, please reach out to us.
Source Deloitte
