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Vermont Imposes Sales Tax on SaaS

  • Vermont now requires sales tax collection on revenue from Software-as-a-Service (SaaS)
  • Effective July 1, 2024, Vermont repeals its sales and use tax exemption on prewritten computer software accessed remotely
  • The new law subjects items like SaaS to Vermont’s sales and use tax rate of 6%
  • “Tangible Personal Property” now includes prewritten computer software in Vermont

Source: taxconnections.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.

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