Will taxes count as “hidden fees” too?
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Consumers don’t like hidden fees. That’s common knowledge. Turns out President Biden doesn’t like them either. The US President has urged the private sector to?eliminate ‘junk fees’?that mislead shoppers, calling out ticket companies and airlines specifically. Ticketmaster and SeatGeek are now making changes. AirBnB was ahead of the curve,?rolling out an all-inclusive pricing option?six months ago.
If the trend is leaning toward transparent pricing upfront, we can’t help but wonder: will taxes eventually be considered hidden fees, too? Some countries already require sellers to include consumption tax in their pricing; in?Australia?it’s illegal to advertise your product without GST. But elsewhere, for now, it’s still a matter of business discretion — and business strategy. Do you want to list lower prices, or do you want to avoid sticker shock at checkout? Read on about some?advantages and disadvantages of tax-inclusive pricing.
???Top 3 Stories from Around the World
?????The?digital euro?could be a reality in three or four years if the ECB Board of Directors decides to start the initial phases and testing this October.
?????Steve Forbes argues why a?national sales tax is a terrible idea?for the US.
?????Jordan launches its?National Electronic Invoicing System.
???Quaderno at WordCamp Europe
Quaderno had the honor and privilege to present at the “Super Bowl of WordPress conferences” —?WordCamp Europe, held in Athens just two short weeks ago. Who’s that on stage? None other than our head of business development, Ivo Oltmans. (He even ironed his T-shirt for this!)
It was a pleasure to teach business owners and developers there about online taxes, and empower them to take care of it! In fact, Quaderno’s WordPress plugins have helped thousands of online businesses automate tax compliance as they sell around the world. If you missed it, Ivo’s talk will be published on?WordCampTV?very soon.
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