Successfully conducting cross-border commerce can be a complex undertaking, particularly when it comes to complying with varying taxation requirements across different markets. Despite advancements in technology that have made it easier to sell digital goods globally, tax management remains a challenging issue for many merchants.
If you're selling digital goods in the US and Canada, it's essential to understand the tax landscape.
This resource provides an overview of the key tax considerations for merchants, including:
- Registration requirements and tax system obligations for both B2C and B2B online sales;
- Tax rates for digital goods in different regions;
- The current status of digital service taxes and what to expect in terms of DSTs in the near future.
About 2Checkout (now Verifone)
Verifone is the payments architect shaping ecosystems for online and in-person commerce experiences, including everything businesses need - from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and much more. As a global FinTech leader, Verifone powers omni-commerce growth for companies in over 165 countries and is trusted by the world's best-known brands, small businesses and major financial institutions. The Verifone platform is built on a four-decade history of innovation and uncompromised security, annually managing more than 12B transactions worth over $500B on physical and digital channels.
Verifone's 2Checkout platform is an all-in-one monetization solution helping clients drive global sales growth across online channels. Its digital services, including global payments, subscription billing, merchandising, taxes, compliance and risk, help clients stay focused on innovating their products while delivering exceptional customer experiences.
Get more information at 2Checkout.com
