Articles on sales tax and VAT

You might expect a yes or no answer—but the question of whether SaaS is taxable in Colorado is far more complicated. Home-rule cities like Denver, Boulder, and Colorado Springs set their own taxation rules.

Software-as-a-service (SaaS) is a relatively new addition to the world of commerce, and it’s quite a bit different than goods that have traditionally been bought and sold—and taxed—in the marketplace.

With Anrok, you can enable sales tax compliance in 40+ countries on a single platform, helping you protect your revenue as you expand outside the U.S.

Once you’ve registered to collect sales tax and filed returns with a state, it can be difficult to close that sales tax registration so you can stop filing returns. This lingering responsibility to a state regarding sales tax is called trailing nexus.

Most companies can expect to be audited at some point, so it’s important to have a plan for when this inevitably happens. You can get flagged for a sales tax audit for a variety of reasons. These include sales volume, high volume of exempt sales, and more.

Sales tax non-compliance could be wasting more than 4.3% of revenue that could be spent on hiring engineering and sales teams to grow your business. With Anrok that cost to your business is avoidable.

Executives and HR professionals should be able to correctly classify employees. Getting this right is important, because it dictates how to handle each worker’s income tax payments to state and federal authorities.

Get a behind-the-scenes peek into a conversation with a controller, answering the most frequently asked questions about sales tax for SaaS.