Avalara Inc. has introduced enhanced capabilities for its cross-border solution, an integrated offering that helps businesses sell internationally by managing the complexity of customs duty and import tax compliance.
The cross-border solution consists of Avalara AvaTax Cross-Border and Avalara Item Classification, providing users with an integrated approach or stand-alone offerings to address the complex processes of classifying products and calculating custom duties and import taxes.
Avalara’s cross-border offerings give online retailers a bundled solution that helps automate critical cross-border compliance processes, including item classification as well as customs duty and import tax calculations.
Avalara Item Classification helps automate the complex process of assigning the correct country-specific Harmonized System (HS) codes to products, so online retailers can classify consumer products for shipment to over 150 jurisdictions.
AvaTax Cross-Border calculates customs duties and import taxes in real time for consumer products while populating cross-border taxes into online shopping cart experiences.
Avalara Item Classification and Avalara AvaTax Cross-Border can be leveraged as an integrated solution or as stand-alone modular products for cross-border and item classification to support a business’s compliance needs. Avalara’s cross-border solution can be combined with Avalara AvaTax to integrate all tax calculations for data visibility across a business’s transactions.