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Complexities of SaaS Taxability | TaxConnex

TaxConnex

Do you sell software-as-a-service (SaaS)? Still, many providers assume that sales tax doesn’t apply to SaaS, which is often delivered via a cloud-based subscription application and may not seem to involve sales of tangible personal property (TPP). SaaS incurs sales tax in roughly half the states. Are these taxable?

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Software, SaaS and Sales Tax

TaxConnex

If your business sells software or software-as-a-service (SaaS), you deal with one of the most complex sales tax situations, potentially without even realizing it. Regardless of whether you have sales tax nexus or not, many businesses assume that sales tax doesn’t apply to software or SaaS. Easy: States tax each category individually.

Sales 182
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Subscription Billing and Your Sales Tax Obligation

TaxConnex

Take subscription boxes, a burgeoning industry where buyers sign up for regular delivery of everything from food, makeup, clothing and music to books, pet supplies, flowers and scads of other categories. Subscription based pricing can also be seen in streaming services, SaaS, and more.

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Complexities of Sales Tax: Technology

TaxConnex

But with the proliferation of Software-as-a-Service (SaaS) as a delivery mechanism and Wayfair, the sales tax landscape has become exponentially more complex. Tech companies – especially those dealing in downloads of software and (SaaS) delivery – can protect themselves if they understand key terms and processes. Sales Tax Nexus.

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LeaseQuery Acquires SaaS Spend Management Platform Stackshine

CPA Practice

LeaseQuery , a provider of software built to empower accounting and finance teams by simplifying the complex, has acquired Stackshine, a SaaS spend management platform designed to help companies track and optimize their software spend and usage. This is an exciting opportunity to become a category leader in an emerging market.”

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LeaseQuery Acquires SaaS Spend Management Platform Stackshine

CPA Practice

LeaseQuery , a provider of software built to empower accounting and finance teams by simplifying the complex, has acquired Stackshine, a SaaS spend management platform designed to help companies track and optimize their software spend and usage. This is an exciting opportunity to become a category leader in an emerging market.”

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Synder Placed in GetApp’s Category Leaders Report for Accounting Software

Snyder

Each year GetApp, an online review resource businesses can use to make smart decisions about software, reviews leaders in a variety of business software categories and puts together a list of the best in the industry. Each factor is worth 20 points, with a possible total of 100. The research methodology is available here.