Overview
At Anrok, we're committed to keeping our customers informed about critical tax regulation changes and continuously enhancing our platform with new features that improve your experience. Welcome to our June edition!
🔍 Regulatory Update
SaaS businesses are facing numerous changes in sales tax rules as governments worldwide implement new digital tax regulations. These changes can vary from state to state and country to country, so Anrok ensures that software companies operating in multiple locations can stay up-to-date.
Important policy changes:
- Maryland updates services and software sales tax requirements — Starting July 1, 2025, Utah will implement a 3% sales tax on data services, IT services, and software publishing. [Learn more]
- The Philippines extends tax registration deadline — The Philippines has extended the tax registration deadline for foreign digital companies (online platforms, streaming services) from June 1 to July 1, 2025, under rules that tax all digital service providers regardless of physical presence. [Learn more]
- Illinois adjusts its economic nexus threshold — Starting January 1, 2026, Illinois will remove its 200-transaction economic nexus threshold, meaning remote sellers will only trigger sales tax obligations if they exceed $100,000 in sales in Illinois. [Learn more]
Tip
Review our comprehensive guide on implementing adaptable tax solutions for growing SaaS companies if you need support navigating these changes.
📢 Key Anrok Update
We are pleased to highlight that Anrok has expanded our support for physical goods! Since first announcing our expansion in April, we are pleased to have onboarded and served many clients with physical goods exposure, ranging from a robotics company with 100% physical goods to an AI company with wearable products. This game-changing addition enables you to offer comprehensive sales tax solutions to a broader range of clients across multiple business models.
Why it matters:
- Expand your service offerings — Support for e-commerce, retail, as well as hybrid SaaS and physical product businesses with comprehensive tax solutions.
- Streamline compliance — Automatic tax calculations for complex product catalogs (digital services and physical goods) from a single platform.
- Reduce compliance risk — Unified tax management across both digital and physical product tax obligations with automated accuracy and reporting.
- Simplify sales tax management — Simplified reporting and filing for mixed-product businesses and real-time nexus monitoring across all sales channels.
Note
You can click 'Contact us' on your Anrok account if you would like early access to this feature.
🚀 Product Update
SaaS businesses are constantly seeking better ways to manage their operations as technology platforms evolve and introduce new capabilities. Anrok ensures that software companies can leverage the latest features to streamline their processes and stay competitive across multiple markets.
New features and changes:
- New countries supported — We’ve expanded our coverage to 6 more countries: Turkey, the Philippines, and Kenya. No work on your end is needed; these will now be automatically monitored by Anrok for you.
- New 'Contact us' button in-app — Anrok now has a 'Contact us' button in-app to streamline communication between you and our customer care team. This aligns with Anrok's commitment to supporting you throughout your journey towards tax compliance.