Taxamo Assure

Taxamo Assure is a service that you can use to help you sell digital goods in many regions and countries around the world.

Use Taxamo Assure to help you with your business's VAT/GST tax needs and reporting requirements.

After you have integrated the service with your webstore, where applicable, Taxamo bears the liability for your VAT or GST payments and ensures that you meet regulatory requirements in the regions or countries that you sell to.

It can help you to free your business from VAT/GST liabilities and reporting requirements. When you use the service, Taxamo is liable for the VAT/GST and is responsible for the correct collection, filing and remittance of VAT/GST to the relevant tax authority.

Restrictions

The following restrictions apply:

  • The service only applies to digital goods.
  • The service requires integration with real-time checkout processes so the Bulk Transaction Upload feature cannot be used with this product. You cannot use manually created transactions for the same reason.
  • For a list of supported countries, see Supported Countries and Regions.

Business Benefits

The service has the following benefits:

  • You can sell into multiple countries without needing to register for VAT/GST with the tax authorities in every country.
  • Taxamo bears the financial liabilities associated with incorrect VAT/GST calculation and/or late filing.
  • Vertex manages the global foreign exchange exposure on the VAT/GST payments it makes on your behalf.
  • The system integrates seamlessly with your existing checkout process, providing real-time compliance without delay or disruption to the customer journey.

Features

See Features.