Lovat OMP tax management benefits
Real-time tax calculation
Lovat Marketplace API is a powerful tool you can integrate into your checkout flow. Support sales, use, withholding, VAT, and reverse VAT taxes.
At the LOVAT platform, you can fill and submit VAT returns, sales tax returns, IOSS, and OSS tax returns directly to tax authorities.
Monthly tax reports for Vendors
Your vendors even when they don’t pay VAT or sales tax need to have sales data with information about remitted tax.
Reports for tax authorities for more than 100 countries
Marketplace subscription includes a tax cloud and allows you to download the Data matrix set for each country when you have a tax audit.