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The digital marketplace industry is booming and US companies have a golden opportunity to tap into this global growth.

Initially embraced by consumers, the crowdfunding model became a vital funding source for businesses after the global financial crisis tightened lending restrictions. Wildly successful projects solidified crowdfunding’s position as a viable option for bringing innovative ideas to life.

While raising funds online might appear to be straightforward, navigating tax and VAT complexities to ensure compliance can be stressful. That’s where Taxmatic enters the equation with VAT solutions designed to fit the unique requirements of creators.

Tax compliance in Europe might seem daunting, but with the right knowledge, you can transform it from a hurdle into a stepping stone for success.

By transitioning to a sales tax automation solution, you can navigate the ocean of European sales tax legalities with confidence. There are many benefits to automation, including increased efficiency, streamlined compliance, and enhanced scalability for your eCommerce business.

We have highlighted some of the key economic differences between the US and Europe. It's important to remember that Europe is a continent with many countries, and retail markets can vary significantly within the region.