Digital Content
Tax automation for digital content providers
Calculate and charge the right taxes on music, e-learning, video, and other digital content according to local regulations in over 100 countries.
OBLIGATIONS
Managing tax compliance for a growing and distributed user-base
Understand who your customers are from a tax status perspecitve
Your customers may be business customers or consumers in different countries throughout the world. In order to understand if and what taxes you need to charge and remit in each country, you will need to understand their taxable status (B2B or B2C).
Calculate and apply correct indirect tax rates globally
Once you know who you need to tax, you will need to determine what indirect taxes to charge and at which rate, based on the rules of the country of your customer. Typically, this will depend on the nature of your services and the amount of sales you have generated to each country.
Issue invoices compliant with local tax juridstictions
Customers around the world will expect locally compliant invoices for your services. Not issuing invoices that comply with local regulations or customer expectations can increase customer support costs and manual work. With B2B customers this is even more pronounced as they need invoices for internal financial controls.
Ensure transactions are reported to tax authorities if you operate through multiple legal entites
If you are rendering your services in different countries through a local branch or legal entity, you may be required to report your sales transactions in real-time to the tax authorities electronically (e.g. selling to Brazilian customers via a Brazilian entity).
PRODUCTS
What Fonoa offers to Digital Content Platforms
Our products help you establish the tax status of your suppliers and customers, determine if and what taxes apply to your transactions and allow you to report your transactions to tax authorities throughout the world in real time or periodically.
OBLIGATIONS
PRODUCTS
Through our product, we help you establish the tax status of your suppliers and customers, determine if and what taxes apply to your transactions and allow you to report your transactions to tax authorities throughout the world in real time or periodically.
OBLIGATIONS
PRODUCTS
Through our product, we help you establish the tax status of your suppliers and customers, determine if and what taxes apply to your transactions and allow you to report your transactions to tax authorities throughout the world in real time or periodically.
Learn how Fonoa can automate and streamline your tax and compliance processes for greater control and scale.
Schedule a demo today.
