Sales tax and VAT terms for global finance teams
A comprehensive glossary of expert definitions and practical insights designed specifically for modern software and SaaS companies.
Whether you’re dealing with bundled transactions, trying to understand nexus thresholds, or managing cross-border digital service taxes, use this glossary to stay compliant and up to date while scaling globally.
Terms
Terms
Tax code
A tax code serves as a classification system that determines how specific products and services should be treated for tax purposes. These codes define taxability status, applicable rates, eligibility for exemptions, and specific reporting requirements. Understanding and properly applying tax codes remains fundamental to maintaining accurate tax compliance across jurisdictions.
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