Vermont – Updated SST Taxability Matrix, Certificate of Compliance, and Notice to Sellers

SALT Report 1196 – The Vermont Department of Taxes has updated their Streamlined Sales and Use Tax taxability matrix and their certificate of compliance. The updated matrix and certificate of compliance address issues raised by the SST Compliance Review and Interpretations Committee (CRIC) during a conference call on November 3, 2011. In addition, the department has posted a notice to sellers regarding their liability for sales taxes due when a return is not filed in a timely manner.

Notice to Sellers

The notice to sellers advises that, in accordance with Section 318 of the SST Agreement, a seller registered under the Agreement, who has no legal requirement to register in Vermont and who has failed to file a tax return, will have a minimum of 30 days to file the return before the department establishes a liability amount for taxes based solely on the seller’s failure to timely file.

For Further Information:

Vermont Department of Taxes Streamlined Sales Tax