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 and live tax calculation

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
  • Utilizes Thomson Reuters’ enhanced webservices integration for OSITD
  • Configurable parameters allowing user-defined communicated values
  • Allocation of shipping and discount charges for the appropriate taxability treatment by state on this “special charges”

Differentiators

  • Compatible with all WooCommerce platforms
  • Only Thomson Reuters Verified Integration for WooCommerce
  • Supports unique tax requirements around shipping and other additional charges (i.e. discounts)
  • Experienced implementation team
  • Experienced technical and tax support

Strengths Of TaxConnect

  • Easy to integrate as a standard WooCommerce extension and highly configurable to your specific needs. Small application installed on the WooCommerce server but integration to OSITD is done through DSTax’s hosted ITBridge
  • Out-of-the-box functionality plus other customizable and configurable items
  • Seamless to the customer shopping experience
  • Thomson Reuters Verified Integration (In Process)

Qualifying questions

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

  • Calculate sales and/or seller’s use tax?

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 economic nexus in multiple jurisdictions?

Resources

Contact

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