The YITH WooCommerce EU VAT, OSS & IOSS nulled plugin helps store owners comply with European Union VAT regulations and facilitate sales processes, particularly under the One Stop Shop (OSS) framework. It geolocates customers to apply the correct VAT rates for B2C transactions and offers a checkout option for B2B sales where companies can enter their VAT numbers to purchase tax-free, pending verification. The plugin is designed to streamline VAT management by allowing merchants to track sales thresholds for cross-border EU sales, generate tax reports (monthly, quarterly, or annually), and export these records in CSV format for tax reporting purposes.
Additionally, merchants have control over VAT exemptions for European B2B customers and can restrict orders exclusively to non-EU customers if desired. By utilizing geolocation, the plugin confirms that the billing address aligns with the identified location, improving compliance accuracy. For sales under the OSS regime, it simplifies VAT management based on annual sales thresholds, and innovations include the option for businesses outside the EU to not charge VAT for orders exceeding €150. This comprehensive tool addresses VAT complexities, ensuring businesses can manage their EU transactions efficiently.
