With the introduction of the new EU VAT rules, there are a lot of membership sites that need to update their systems to be fully compliant with the new regulations, especially for sites that are based in the EU. Taxamo.com is a service that helps make your site compliant by handling tax calculations and report generation. This free add-on plugin for Restrict Content Pro will connect Restrict Content Pro to Taxamo.
Once activated, you will have a new section in your settings page under the Restrict menu where you can enter your Taxamo API credentials:
What exactly does this extension do once enabled? A few things:
- Updates prices automatically during registration to show taxes if they choose a country that VAT applies to.
- Stores a unique Taxamo transaction for each subscription that includes all required VAT information.
- Recurring future payments will be added to that same transaction.
- Sends all transaction data to Taxamo for reports
Thanks to Daniel Iser for his excellent work on this plugin.