Episode 49 is fourth and last in our series on eCommerce Sales Tax. In this show, we have Amy Morgan, Product Manager at Avalara, our sponsor for this informative series. She gives us some great insights into Landed Costs. If you are an online business, small or large, buying or selling product across country borders, this show is for you. Whether you are aware of what Landed Costs are or not, you will want to make sure you are in compliance so any taxes you or your customers are responsible for, don’t come back and bite you later on.
In this show, we chatted about:
* What exactly is Landed Costs
* Things businesses need to consider when selling across country borders
* Why Landed Cost is such a big deal now even though it’s been around for sometime
* If shipping companies take care of you with Landed Costs
* How a seller can mitigate their risk and calculate cross-border custom duty and taxes
* Are you responsible for these costs once you have calculated them
* Amy’s craziest cross-border story.
Resources:
Avalara’s landed cost calculator.
The other shows in this series:
Sales Tax Essentials For Online Small Businesses
Charging Sales Taxes on Your Online Services with Scott Peterson
Learn How VAT Affects Your Online Sales with Colin Matthews and Matthew Harrison
Thanks to Our Podcast Sponsor: Avalara
Transcript
You can also download the transcript of this show: The WP eCommerce Show Transcript February 6 2017
Bob Dunn: Hey everyone, welcome to our show. Bob Dunn here, also known as BobWP on the web. Today is the final show of our four-part eCommerce sales tax series, brought to you by our sponsor, Avalara.
In the previous three shows we’ve talked about sales tax essentials for online small businesses, charging sales tax on your services and diving deep into the VAT tax. Today we are talking about landed cost. If you are wondering what landed cost is, don’t worry, you will know by the end of this show. And if you are familiar with it, I’m sure you’re going to pick up some great added pointers today.
To help us understand landing cost, we welcome Amy Morgan, product manager at Avalara. Hi Amy, and welcome to the show.
Amy Morgan: Hey, Bob. Good to be here.
Meet Amy Morgan, Product Manager at Avalara Inc.
Bob Dunn: I know that people are anxious to learn about landed costs. In fact, people are anxious about learning about taxes all the time. I mean, they’re on the edge of their seat. But seriously, before we get into it, tell me a little bit about what you do at Avalara and how you ended up being there.
Amy Morgan: Yup sure. I am, like you said, I’m the product manager, I’m a product manager at Avalara. I’m responsible for our landed cost calculator and all of our cross-border tax calculator tools. What’s cool about my role here is that I come from a big retail background where I was responsible for managing cross-border shipments and international trade compliance for big companies, so the problems I get to solve at Avalara are problems I grappled with as an employee of big retailers in my past. I’m a licensed US customs broker. Customs duties and cross-border taxes are my l...