A young tech or SaaS company grows and changes faster than any other type of business. On the outside, their growth looks like other business – adding customers, building a team, and marketing new products. But, tech firms tend to have a bigger digital footprint than a physical one, and rely more on investor funding and growth through M&A than other businesses. Importantly, these growth factors can also be triggers for new tax requirements.
This paper, Managing Sales Tax in a Digital World, identifies common ways growing software companies trigger a change in their requirements for collecting and remitting sales tax – and how to avoid the related headaches.