Understanding taxes is an essential part of running your business. As an online merchant, you are required to collect sales tax on orders where it is applicable. Therefore, you need to know when to include additional tax to the products you are selling and when not. In your CloudCart store, you can create different taxes and apply them when needed. Taxes vary from country to country, so it is important to familiarize yourself with local laws.
When you set your tax rates, make sure that they are current and correct for the circumstances you apply them. When it is requisite, you can override or exempt taxes.
Аlthough, we are glad to help you make the right tax settings for your online store, in terms of your actual taxes and obligations and to make sure that you charge your customers the correct sales tax rates and pay your taxes correctly, please always consult yourself with a local tax authority or tax accountant.