On August 31, 2020, the 24 member states of the Streamlined Sales Tax Governing Board met in special session to consider a proposed new contract with those tax technology companies holding the designation of Certified Service Provider (CSP’s), including Sovos.
The proposed contract was voted on favorably, with 23 states voting in favor and 1 abstention. The new contract kicks in on January 1, 2021 and extends for three years.
The signing of a new contract means that existing clients using Sovos under the SST program will continue to do so without interruption and that Sovos will continue offering SST “Model 1” services to qualifying perspective new clients.
See the full blog update here.