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 rate
Tax rates represent the percentage applied to taxable sales within each jurisdiction. The total rate often combines multiple components, including state, county, city, and special district rates. These rates may change periodically, requiring businesses to maintain current rate information across all jurisdictions where they have collection obligations.
%20(1).webp)
