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
Voluntary disclosure agreement (VDA)
A voluntary disclosure agreement (VDA) is a contract between a seller and jurisdiction taxing authority, entered into when the seller comes forward prior to being contacted by a jurisdiction in order to pay past tax obligations in exchange for a reduction in penalties and capped lookback period. For information to determine if a VDA might be right for you refer to our VDA guide.
%20(1).webp)
