Epicor Tax Connect tackles miscellaneous taxation challenges such as situs, nexus, tax tiers, tax holidays, trade-ins, write-offs, short pays, and product taxability issues. Epicor Tax Connect offers access to a unique tax determination service powered by Avalara—the only one with a guarantee of the correctness of tax rates. This is essential when there are more than 11,000 taxation rules in North America alone. Avalara has been a trusted ISV alliance partner of Epicor since 2006
At a Glance
Empower your business to confidently tackle taxes anywhere around the globe. Traditional methods simply cannot keep pace—manually calculating and filing value-added tax (VAT) and sales tax is too difficult, risky, and error-prone in today’s ever-changing compliance environment. Epicor Tax Connect allows customers to calculate taxes for more than 200 countries beyond the United States and Canada.
Value-added tax is the primary consumption tax charged in non-U.S. countries. Added at every stage of a transaction and requiring multiple levels of refunds, VAT can be difficult to understand for anyone who is used to paying sales tax only at the end-user level, and it can make companies hesitant to sell internationally
Epicor Tax Connect works with your existing ERP and accounting software to make VAT treatment determinations quickly and accurately. This solution, based on world-leading Avalara technology, knows the rate and how to correctly charge VAT for all theoretical transactions in more than 200 covered countries.
Applies to:
B2C vs. B2B transactions
Epicor Tax Connect supports VAT intra-USA and Canada calculations and expands the scope to EU countries and non-EU countries with additional licenses. Considerations in calculating VAT include:
The requirements to register for a VAT number should be the same in each country. Typical instances where a foreign trader is required to register for a local VAT number include:
The requirements above apply equally to companies from within EU and non-EU companies. Generally, non-resident companies must register for VAT immediately.
The solution does not currently support the following articles of the EU VAT directive:
Additional Information