I am in Europe. That means every time I sell something, I need to charge taxes depending on the country of the buyer. And once a year, I have to make a report for the tax authorities with all the revenues I made with all the countries.
Does fruits abstract that away somehow?
fruits will:
- charge the buyer with the applicable tax between fruits (company in Germany) and the buyer in Country XYZ
- each buyer will receive an invoice (issued by fruits)
- the seller will receive a single credit note for all sales within that month targeting a German company (fruits)
As I can see from the comments (above and below), we need to come up with a way explaining intl taxation more thoroughly.
Disclaimer: I am the developer and not the tax attourney. In case you do have any questions, feel free to contact us (or me) and we will set up a meeting with our Tax-Daniela which will be able to explain taxation-related tasks in detail with a proper legal background :-)