Passport, a leading global ecommerce solutions provider, announced that its Passport Seller of Record® solution has achieved patent-pending status. This milestone reinforces Passport’s position as the only provider offering this innovative approach to VAT/GST tax compliance, empowering direct-to-consumer brands to sell internationally without the burden of tax registration or complex remittance processes.
Designed to simplify global expansion, Seller of Record allows brands to maintain full control of their business while ensuring seamless compliance with international tax regulations. By leveraging Passport’s expertise and tax infrastructure, brands can scale confidently without getting entangled in VAT/GST complexities.
Marketing Technology Insights: Impact XM Acquires Touch Associates to Expand Experiential Marketing
Solving Tax Compliance Challenges for Cross-Border Sellers
Traditionally, import taxes are collected during customs clearance, with brokers paying taxes on the seller’s behalf. However, more countries now require sellers to register for local tax IDs, collect tax at checkout, file reports, and remit taxes directly—a daunting task for U.S.-based ecommerce merchants.
Passport Seller of Record (SOR) eliminates this burden, allowing merchants to outsource international tax management entirely. By integrating with a merchant’s product, order, and shipment data, Passport SOR:
- Minimizes tax liability through optimized remittance methods.
- Ensures compliance with evolving global tax laws.
- Automates tax calculations and reporting for accuracy and timeliness.
Marketing Technology Insights: Demandbase Launches Agentbase for AI-Driven GTM Execution
A Modular, Scalable Solution for Global Brands
Passport Seller of Record is a modular solution that can be activated globally or selectively by market. This gives merchants control over their global growth strategy without sacrificing compliance or paying for something they don’t need.
“Seller of Record has made global tax compliance something we don’t have to think about,” said Vanessa Nguyen, Operations Manager at The Wander Club. “Passport is proactive about keeping us compliant. They notify us the moment we cross a threshold, which takes a huge burden off my plate.”
Redefining Global Expansion
With its patent-pending Seller of Record solution, Passport is breaking down barriers to global sales, providing brands with a seamless path to international growth while staying tax-compliant.
Marketing Technology Insights: Simpli.fi Expands Omnichannel Ads With YouTube TV Integration
Source – PR Newswire
For media inquiries, you can write to our MarTech Newsroom at news@intentamplify.com