The complexity of managing sales tax compliance amid various and often-changing state rules can be a headache for any company. But software firms face unique concerns when it comes to tracking tax obligations across multiple jurisdictions.
New state laws aimed at trying to capture revenue from out-of-state sellers are particularly focused on the sale of software. Considering software’s digital, shareable nature and the widespread use of cloud computing, sales of software begs the question of what “location” really means in a virtual transaction.
Download this white paper to learn more about multi-state sales taxes and what location really means in a virtual transaction.