The opportunity

With most companies offering their customers a webstore to order/purchase their products, and with taxing authorities becoming even more aggressive in what constitute nexus and who is required to collect/remit sales tax in their jurisdiction companies need to consider integrating ONESOURCE Determination with their Magento e-commerce platform.  TaxConnect offers this integration.

Features

TaxConnect key functionality includes:

  • Transfer of customer number, product code, and point of title transfer to ONESOURCE Determination to allow for complex tax calculations for both U.S and Canadian indirect tax calculations
  • Configurable parameters allowing user-defined communicated values
  • Address Validation Service call, allowing for cleansed customer addresses to be utilized for a more accurate tax calculation and customer shipping information
  • Allocation of shipping and discount charges for the appropriate taxability treatment by state on this “special charges”

Differentiators

  • Compatible with both Magento 2.x platforms
  • Only Thomson Reuters Verified Integration for Magento
  • Supports unique tax requirements around shipping and other additional charges (i.e. discounts)
  • Supports address validation
  • Experienced implementation team
  • Experienced technical and tax support

STRENGTHS OF TaxConnect

  • Easy to integrate as a standard Magento extension and highly configurable to your specific needs
  • Out-of-the-box functionality plus other customizable and configurable items
  • Seamless to the customer shopping experience
  • Seamless to the customer shopping experience

Qualifying questions

Do you have a Magento e-commerce solution and need to:

  • Calculate sales and/or use tax?
  • Validate addresses?

Does your company’s business have any of the following fact patterns:

  • Sell a mix of both products and services?
  • Does your company have multiple locations and registered in multiple jurisdictions?
  • Do you conduct business in multiple countries?

Resources

Contact

If your customer would like to see specific functionality or has additional questions, contact: