Tax season can be extremely stressful for businesses of all sizes. If you’re a business selling products on Shopify Plus, one of the largest eCommerce platforms, you could be facing unmanageable tax calculations. Fortunately, Shopify Plus is here to help.

Shopify features provide comprehensive and flexible tax calculation solutions for B2B customers. Shopify Plus helps merchants set up tax exemption rules at the product and customer level to accurately calculate and manage taxes when invoicing. This means that companies can easily create sales tax exemptions for customers around the world. Businesses can also calculate taxes based on jurisdiction settings at the customer level. Businesses can adjust certain settings to ensure taxes are calculated correctly.

Another Shopify Plus feature that helps businesses manage taxes accurately is the TaxMinder tool. With TaxMinder, businesses can easily manage sales and use taxes. This tool gives businesses the ability to calculate taxes at the item level and apply the correct sales tax rate to each item to ensure accuracy. TaxMinder also easily integrates with various accounting systems to ensure accurate reporting and tax compliance.

Businesses can also use Shopify Plus’ advanced payment gateways. These gateways offer businesses the ability to process payments quickly, support multiple currencies, and automatically calculate taxes based on location. Additionally, Shopify Plus helps businesses streamline the tax filing process by providing the ability to export tax reports directly to tax filing software.

Shopify Plus offers a complete solution to accurately manage and calculate taxes for B2B customers. Businesses can easily set up tax exemptions at the product and customer level, use advanced payment gateways to calculate taxes based on location, and easily export tax reports. With Shopify Plus, businesses can rest assured that their tax returns are up-to-date and accurate.