Threshold
or
- 200 individual transactions.
Merchant thresholds by state
Marketplace thresholds by state
The special rules are applicable to the SAAS business.
Software as Service Tax Thresholds by state.
Online Marketplaces
Remote sellers are required to register to collect and remit Vermont sales tax, provided they meet the threshold unless the marketplace is collecting and remitting Vermont sales tax on their behalf.
Registration procedure
Taxpayers can use myVTax to register for the first time with the Department of Taxes.
Information Required for Registration:
- You will need the following information in order to complete your registration:
- Taxpayer ID (eg. FEIN, SSN);
- Taxpayer Name;
- Taxpayer Mailing and Location Address;
- Account Name(s);
- Account Mailing and Location Address(s);
- Account Start Date and Other Relevant Attributes;
- Location Information (Sales & Use and Meals & Rooms only);
- Names, addresses, and identification numbers of your business principals.
Sales tax payment and filing date
The Department of Taxes determines the filing frequency for each taxpayer. If the listed due date falls on a day off, the due date is the following business day.
You must pay sales tax by the 25th day of the month following the reporting period.
Penalty and interest
Any tax due and unpaid by the original due date will bear interest at the statutory rate, and a penalty of 1% or 5% per month, up to a maximum of 25%. You can extend the deadline for filing your return to avoid late fees.
Vermont Sales Tax Holiday
Vermont does not currently have any sales tax holidays.