WooCommerce Taxamo is a plugin designed to help you adhere to EU VAT regulations for digital products. It serves as an extension for the widely-used e-commerce platform, WooCommerce.
Here’s how it functions:
- During the checkout process, WooCommerce transmits the cart details to Taxamo.
- Taxamo then determines the appropriate EU VAT rate based on the customer’s location and the items in their cart.
- It collects and directs the taxes to the relevant VATMOSS locations. Additionally, Taxamo produces downloadable EU MOSS returns and audit files.
Key features include:
- Compatibility with the latest versions of WordPress and WooCommerce
- Utilization of Taxamo’s API for tax calculations, evidence gathering, and payment tracking
- The ability to capture up to six distinct records of location data in a single transaction
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