Richard Asquith, AvalaraAvalara has acquired VATLive.com, an online service that provides tax news, analysis and rate changes. The Bainbridge Island, Wash.-based sales-and-use tax vendor, apparently putting its recently $100 million in funding to use quickly, said the deal is important in its work to expand globally by supporting indirect tax needs in other countries. Avalara will maintain and develop VATLive.com.

Richard Asquith, the former administrator of VATLive.com, joined Avalara in July and is now Avalara's VP of global tax compliance. He noted in a prepared statement that VATLive services include "country-specific guides on ever-changing tax rates, returns, registrations, and filings from across the world, referenced by thousands of unique visitors every day." Avalara's TaxRates.com portal performs a similar role in the United Sates. Last month, Avalara opened an office in the Durham, N.C., American Tobacco Historic District. The move into the 40,000-sq.-ft. facility will be completed during the first half of next year and will initially house 115 employees, including all 35 employees from the company's CertCapture office in nearby Raleigh.

Last modified on Tuesday, 20 January 2015
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Bob Scott

Bob Scott has been informing and entertaining the mid-market financial software community with his email newsletters for 10 years. And he has been covering this market through print publications for 18 years, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time and continues to address that as executive editor of the Progressive Accountant.

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