Description

WooCommerce Taxamo 1.4.2

🆕 Latest Version
Version 1.4.2 of WooCommerce Taxamo provides updated integration for EU VAT compliance.

📅 Release Date
Released on December 11, 2023.

💶 EU VAT Compliance
Handles EU VAT (MOSS) rules for digital goods by automatically calculating, collecting, and recording VAT.

🌐 Taxamo API Integration
Connects WooCommerce to the Taxamo API, enabling VAT calculation at checkout, evidence storage, and registration of payments.

📊 Reporting & Audit Support
Generates downloadable EU MOSS returns and audit files, making compliance and reporting easier.

⚙️ Setup Instructions
Go to WooCommerce > Settings > Integration > Taxamo, enter your Public & Private Tokens from Taxamo, and configure options like self-declaration, VAT number field, invoices, and universal pricing.

🛒 Product Setup Rules
VAT is applied only to virtual/digital products. Mark products as virtual (e.g., e-books) and set Tax Status = Taxable.

📍 Customer Location Validation
Customer billing country and IP address are validated via the Taxamo API. If they don’t match, a self-declaration is requested.

🧾 VAT Number Exemptions
If a customer provides a valid VAT number and is located outside your store’s country, the VAT rate is set to 0% and stored in both the order and Taxamo records.

⌛ Mandatory Evidence
As per EU law, at least two non-conflicting pieces of evidence must be collected to confirm the customer’s location.

📋 Summary Table