Magento 2 Tax Guide for EU Sellers

As per, eCommerce sales in the EU hit €602 billion which indicates big sales opportunities for International eCommerce retailers. If any online eCommerce business owner wants to grab this big market then it is necessary to understand the European tax structure and regulation mainly basic terms, VAT rates, VAT registration, exemptions.  The European Union [...]

Jul 18th, 2019|

Magento 2 Tax Guide for US Sellers

The U.S. has no national sales tax, it means each state governs its own tax. Forty-five U.S. states and Washington D.C. all have a sales tax. The tax collected is used for budget items like schools, roads, and public safety. This is referred as a consumption tax as it's only charged when a buyer buys [...]

Jul 17th, 2019|

Tax Exemption Guide USA

As small businesses grow and sell in more states, learning the process of collecting and filing sales tax can be a significant challenge. Interestingly, it can be just as challenging to learn the process of not collecting sales tax — because every state has its own rules (and certificates!) for tax exemptions. In Simple [...]

Jul 17th, 2019|

Magento 2 Tax Guide for Canadian Sellers

CRA (Canada Revenue Agency) has developed an explicit requirement where online entrepreneurs need to report all websites that are involved in eCommerce activity. There are issues with eCommerce owners understanding about the tax obligations while they are selling online in Canada and outside Canada (Other countries). This became one of the challenges for eCommerce owners [...]

Jul 10th, 2019|

Tax Setting in Magento 2

Taxes are never fun, whether you're paying or collecting them. However, when you're running an eCommerce store with Magento, Taxes are brain pain talking point. Let's (OSCP will) explore how taxes work in Magento... Magento Setup Taxes: Magento allows you to apply different tax rates to different states or countries depending on your settings. [...]

Jul 10th, 2019|

A Complete Guide For VAT Relief / TAX Exemption

What Is VAT Relief? There are over 10 million disabled people with half of which are over 65 years of age in the UK. Today the disability equipment market is worth £1.4 billion a year which has increased by a massive pace of 92% in the last 10 years. Most disabled people rely on [...]

Jul 9th, 2019|
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