Wednesday, January 25th, 2012

12:00pm - 2:00pm

@ Dinse, Knapp and McAndrew

Taxing Vermont's SaaS Companies

The State of Vermont's Department of Taxes (DOT) has been auditing software companies in Vermont and demanding that they pay back sales and use taxes for software delivered as a service ("SaaS"). They are calculating the interest and penalties for unpaid taxes as far back as 2006.

The DOT's position appears to be based on a controversial interpretation of tax laws in Vermont. The levy of this tax has surprised many software companies and there is a position that the DOT tried to extend its taxing authority beyond Legislative intent aimed more narrowly at recovering lost sales tax on software purchased and delivered over the internet, rather than taxing a new service.

Our January Lunch & Learn on the road at @ Dinse, Knapp and McAndrew will be focused on getting our companies organized around this issue. If you've been approached by the DOT, or if you work with cloud computing or software as a service, then we strongly recommend that one or more people from your company participate in next Wednesday's event.

On the bright side, the Governor's office and the folks at the Economic Development Office have been very responsive and supportive. Unfortunately, the folks at the DOT have yet to back down.

The discussion will be lead by attorneys representing a number of vtSDA members in this dispute.

Meeting Schedule

Date: Wednesday, January 25th, 2012
Time: 12:00pm-2:00pm
Place: Dinse, Knapp and McAndrew
209 Battery Street
Burlington, Vermont 05401 USA

Plenty of free Parking
Map & Directions
Agenda:
12:00-12:30 Lunch and Informal Networking
12:30-12:40 New Business for Group
12:40-1:40 Presentation & Discussion
1:40-2:00 Q & A
Meeting Fee:
$15  Members
$20  Non-Members
$0    Students (valid ID required)
$0    First time attendees 

Fee includes lunch. Please notify us of any dietary needs. 

Questions? Call Nykky @ 802.735.0840 or email her @ nicole@vtsda.org.

RSVP & Pay Online!

 

Please Note

For both first time attendees and students, please email us here to let us know you're coming.