- Vermont has passed a new bill changing the taxation of remotely accessed software
- Taxable “tangible personal property” now includes prewritten computer software, regardless of payment method or delivery
- The change will be effective starting July 1, 2024
- The bill was enacted despite the governor’s veto
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
