SOVOS has announced a new partnership with Shopify aimed at relieving the burden of sales tax compliance for online traders. The cooperation introduces Shopify Tax Automated Depling, a function that automates the preparation, submission and transfer of sales tax returns for eligible US traders using Shopify Tax.
The partnership integrates the SOVOS ‘Sales and Use Tax (SUT) solution directly into the Shopify platform and offers traders a streamlined method for managing their tax responsibilities. This automation is designed to significantly reduce the time spent on manual tax preparation and to reduce the risk of expensive audit errors.
“Rules for sales tax and laws are constantly evolving and not checked, can cause serious and expensive problems for companies on the road,” said Kevin Akeroyd, CEO of SOVOS. “SHOPIFY, through his collaboration with SOVOS, will considerably reduce the burden for sellers and enable them to concentrate on delivering their customers.”
Because compliance becomes more complex in the state and local jurisdictions, SOVOS and Shopify’s cooperation offers a timely solution to help maintain small and medium-sized companies without overloading their internal resources.
The new function is now available for eligible Shopify traders in the US
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