As a merchant, you may need to charge taxes on your sales and then report and remit those taxes to the government. Tax laws and regulations are complex and subject to change, but Solidgate can automatically handle the most common indirect tax calculations. The common forms of indirect taxes for your business include sales tax, value-added tax (VAT), and goods and services tax (GST). These taxes apply to selling physical goods, digital goods, and services.
The calculations and reports provided by Solidgate simplify the process of filing and paying taxes. Always consult with a local tax authority or a tax accountant to ensure you properly charge the correct tax rates and file and remit taxes.
US tax calculation
Once you have identified the need to charge taxes in the United States, you can automate your tax calculations with Solidgate.
Connect your preferred sales tax service to Solidgate to ensure compliance and find the best solution for your business. Solidgate partners with trusted tax service providers Avalara and Vertex, offering you the flexibility to select a service that best addresses your business’s specific tax compliance needs.
Calculation flow
Solidgate listens to the stream of events and determines if they need to be processed. Solidgate sends API requests to platform partners for precise tax calculations. Once a response is received from the platform partners, the final tax amount is stored for further reporting. Then, it automatically generates and sends electronic receipts that include the calculated tax amount. The step-by-step flow is as follows:
- A US customer purchases your product.
- Solidgate identifies this as a US sale and transfers the sale to selected tax software.
- The tax is calculated based on the customer's location, including address, ZIP code, and other relevant details, and collected in one of the following ways:
-
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Create a custom payment form for a personalized experience. Payment Form : Prompts customers to enter their location when paying with a card. -
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Apple Pay offers a secure and convenient payment option for iOS users. Apple or Guide
Google Pay offers a streamlined payment experience for Android devices and web platforms. Google Pay: Uses the billing address defined by the customer in their Apple or Google wallet. -
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Accept and manage payments from your customers. Host-to-host integration: Customer's address is provided to Solidgate by you.
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- The calculated tax is available in the selected tax software.
- Solidgate can optionally send a receipt with all relevant data to the customer on your behalf.
Solidgate supports all types of payments, including
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Accept and manage payments from your customers.
card payments
and
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Connect alternative payment methods to boost your checkout conversion.
alternative payments
(
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PayPal provides a global online payment platform.
PayPal
), and the full lifecycle of payments, including sales, refunds, and
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Manage chargebacks effectively to minimize losses and protect your business.
chargebacks
.
Additionally, Solidgate helps businesses efficiently handle chargebacks and refunds, ensuring smooth payment processing and dispute resolution.
Receipt sending functionality
Solidgate can automatically send compliant receipts with accurate US tax details to your customers after payments made through the
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Create a secure and seamless payment page.
Payment Page
,
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Create a custom payment form for a personalized experience.
Payment Form
, or
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Accept and manage payments from your customers.
host-to-host
integration.
Upon successful completion of the payment through any available integration, the receipt will be sent to the customer’s email address specified during checkout.
Solidgate automatically emails a receipt to the customer at the address provided during checkout for every successful transaction. The receipt includes:
- Detailed transaction information that includes tax charged
- Product details
- Payment confirmation