The YITH WooCommerce EU VAT, OSS & IOSS nulled plugin is designed to help online store owners comply with European Union VAT regulations, particularly the One-Stop Shop (OSS) method introduced on July 1, 2021. The plugin assists in geolocating European customers, automatically applying the correct VAT rates for B2C purchases. For B2B transactions, it allows businesses to enter their VAT numbers at checkout for tax exemption.
Key features include the ability to control the visibility of the VAT field and ensure its validity through real-time checks with EU databases. The plugin also offers functionalities to restrict orders from EU customers and prompts for confirmation if there is a mismatch between geolocated and manually entered billing addresses.
To facilitate compliance, users can monitor the €10,000 sales threshold for cross-border sales, generate tax reports periodically, and export them as CSV files for local tax authorities. Additionally, for sales exceeding €150 from outside the EU, the plugin can activate IOSS to exempt EU clients from VAT, further simplifying tax obligations for international sellers. Overall, YITH WooCommerce EU VAT, OSS & IOSS supports EU-based e-commerce businesses in managing VAT complexities efficiently.
