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Tax Law

Vermont Legislature Addressing Several Digital Tax Issues in Miscellaneous Tax Bill

Vermont H. 954, a collection of miscellaneous tax proposals, includes several digital taxation proposals. Vermont currently charges a 2.4% “universal service charge” on the sale of prepaid wireless telecommunication services. H. 954 would require marketplace facilitators collecting the corresponding sales tax to also collect the universal service charge beginning July 1, 2021. Additionally, H. 954 would require the state Department of Taxes to prepare a report on the effect that remote seller and marketplace facilitator legislation have had on individual reporting and remittance of use tax and recommend options for amending the alternative methodology for use tax reporting.

The bill has been adopted by both bodies of the Vermont legislature and is at the governor’s desk.