Taxing Business-to-Business Transactions

Taxing Business-to-Business Transactions

Route Fifty

Gov. Glenn Youngkin’s two-year budget initially proposed a sales tax on digital services. Taxable digital services would also have included software application services, website hosting and design, data storage and streaming services. But applying the tax to business-to-business transactions is a move that would be potentially “dangerous and harmful” to Virginia tech companies’ competitiveness.

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