Software Related Transactions

One of the most contentious issues facing retailers, banks, high technology companies and virtually every industry today are software and IT-related transactions. With sales tax and software taxability laws varying from state to state without keeping up with evolving technology, companies need to be proactive when it comes to software-related transactions whether you are selling or purchasing. Let TaxMatrix help you determine the taxability on a myriad of software and IT-related issues. Our custom taxability matrix is updated as changes occur, covering the following categories and nuances:

Canned Software

  •  Tangible Delivery
  •  Electronic Delivery
  •  Load and Leave
  •  Software Licenses

Custom Software

  •  Tangible Delivery
  •  Electronic Delivery
  •  Load and Leave
  •  Software Licenses

Cloud Computing |
Software as a Service |
Computer Services

  •  Taxable Services
  •  Non-Taxable Services

Maintenance Agreements

  • Mandatory
  •  Optional
 

By leveraging our easy-to-use software taxability matrix, your accounts payable team can mitigate errors across your entire footprint for SOFTWARE RELATED TRANSACTIONS.  Lastly, your team can lean on us for ongoing compliance support for any spend category in any state through our Tax Help DeskSM at no charge.

Learn more about our Custom Taxability Matrices.