Indirect Tax VAT Avalara Announces the Acquisition of DAVO Technologies’ Operational Assets

Yesterday, Avalara announced the acquisition of DAVO Technologies’ operational assets. DAVO’s technology supports over 4,000 small businesses in the US by connecting to POS systems to extract the amounts of tax owed, set sales tax funds aside, hold the funds, and then file and pay their sales tax for them when they are due to state and local tax authorities.