Taxes can be a complex issue that online retailers fear. This presents a particular challenge for customers purchasing wholesale items, as prices and regulations can vary from country to country. While it is the merchant’s responsibility to understand and accurately calculate applicable taxes, Shopify Plus makes this process much easier for wholesale customers.

Shopify Plus is an eCommerce platform designed specifically for merchants with higher sales volumes and traffic. Features like affordable hosting, automated order processing, and extensive customization options make it an ideal choice for businesses selling to wholesale customers.

Shopify Plus’s tax calculation engine is particularly useful. This helps merchants calculate accurate taxes based on the rates they have set up in their store backend. For example, the tax calculation engine allows merchants to set different tax rates for different countries, states, and localities. In this way, taxes applicable to products purchased by wholesale customers are accurately calculated and applied. The engine can even be configured in certain jurisdictions to automatically collect discounted taxes applicable to items purchased in bulk. This includes items such as groceries and general merchandise, which are taxed at a reduced rate when purchased in bulk.

Additionally, the Shopify Plus tax calculator is also capable of calculating multiple tax rates for domestic and international orders. This means that merchants can take all possible taxes into account when calculating the total cost of an order. This is particularly important for companies that sell products online to customers in multiple countries, such as wholesalers and brick-and-mortar stores with global reach. This feature allows merchants to ensure that the correct taxes are collected and that they comply with all applicable tax laws in the countries they sell to.

In short, Shopify Plus’s tax calculation engine offers merchants an easy and accurate way to calculate taxes on wholesale orders. This can help merchants save time and money by ensuring they charge the correct amount of tax on all their online orders. At the same time, it can help them comply with their local tax regulations and avoid unnecessary fines and fees.