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WooCommerce Announces Plug-in for Taxamo
  • USA - English


News provided by

WooThemes

Dec 22, 2014, 10:35 ET

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Cape Town, South Africa (PRWEB) December 22, 2014 -- WooThemes WooCommerce, the world's most popular e-commerce platform, today announced an integration with global digital tax experts, Taxamo. Taxamo offer an end-to-end solution for compliance with new 2015 EU VAT rules on the sale of e-services and digital goods.

The integrated WooCommerce Taxamo plugin enables any e-commerce business to quickly adjust their website to enable full compliance by allowing them to:

✓ Identify EU and Non-EU transactions
✓ Collect customer location evidence per transaction
✓ Validate B2B transactions
✓ Calculate VAT for 28 EU States, in real-time
✓ Store customer location evidence.
✓ Calculates ongoing VAT liability.
✓ Create quarterly EU MOSS returns.
✓ Create audit files for EU tax authorities.
✓ Securely archives data for 10 years, as mandated.

Taxamo’s solution also provides currency conversation based on European Central Bank (ECB) rates, up-to-date VAT matrix management and support for both dynamic and universal pricing.

‘Our latest Taxamo integration is a pivotal product for the thousands of merchants effected by the updating EU VAT rule changes. In preparation for these changes we’ve worked alongside Taxamo and trust them as our service partner to address EU VAT compliance. We couldn’t be more excited to have found a service that simplifies the new EU VAT compliance issues for merchants and partnership with Taxamo we’ve decided to make the integration free’, said Joel Bronkowski Chief Business Development Officer for WooCommerce.

The new 2015 EU VAT rules require merchants with B2C (business to customer) sales of digital goods and services in Europe, to identify where their end customer is located by collecting two pieces of non-conflicting evidence and then applying the correct VAT rate.

‘With less than two weeks to go until the new rules come into effect, digital merchants all over the world are searching for a solution. The Taxamo WooCommerce plugin enables merchants to achieve full EU VAT compliance…in a matter of minutes.’ said John McCarthy, Taxamo CEO. ‘Taxamo’s mission is to give digital sellers an easy and affordable way to manage EU VAT compliance, and the WooCommerce plugin is a natural extension to our API.’

The WooCommerce Taxamo plugin is available to download through WooCommerce (http://www.woothemes.com/products/woocommerce-taxamo/) WooCommerce Announces Plug-in for Taxamo

About Taxamo (http://www.taxamo.com)

Founded on a legacy of entrepreneurship and innovation, Taxamo exists to provide global tax compliance services to e-businesses. The Taxamo team has over 30 years experience in the payments & technology industry and leads the way in technical solutions for e-merchants. Dedicated to designing and implementing revolutionary technology that processes billions of Euros every year, Taxamo’s flagship EU VAT compliance software provides a unique end-to-end solution that ensures merchants are compliant with regulatory requirements as it relates to VAT calculation, evidence collection, invoicing, EU MOSS returns and audit services.

About WooCommerce (http://www.woothemes.com/woocommerce)

WooCommerce is the world's most popular eCommerce platform. Powered by WordPress and built by WooThemes, the goal of WooCommerce is to allow you to sell anything online - beautifully. You can integrate with payment processors, easily manage shipping methods and inventory, set up flexible tax rules, and view detailed store reports all from your WordPress dashboard. With a free core platform and hundreds of premium add-ons available, WooCommerce allows you to set up an online shop with functionality catered to your store's needs.

Joel Bronkowski, WooThemes, http://woothemes.com, +27 842781297, [email protected]

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