Please follow the step-by-step guide below to activate Wish platform “Tax Settings”.
1. On the Wish merchant platform, go to “Account” > “Tax Settings”. Click “Set Up Now” to get started:
The Wish “Tax Settings” homepage lists the countries/regions that support Wish stores to collect and report taxes, and outlines important information about them. If you have completed tax settings for more countries/regions where you need to collect taxes, these countries/regions will also be displayed on this page. The page also provides the following information: the standard tax rate applicable to the set country/region, the tax obligation (Wish pays, merchants pay, determined at fulfillment, or none), and the “Tax Settings” status of the specific countries/regions listed. With this information, merchants can get an overview of the current “Tax Settings”.
To set up taxes for more countries/regions, click “Tax Settings” to get started.
Please note that if you have not verified your store before, you must first click “Verify Store” and pass the verification before you can set up taxes. For more information on how to verify your store, please read this FAQ article.
2. Next, select your country of domicile (i.e., place of business), which is where your company conducts its principal business. In this example, Wish selected the United States as its country of domicile in the drop-down menu. Click “Continue” when you are finished.
3. Merchants can then select their tax countries. In this example, Wish selected the United States and Austria as tax countries:
Click “Continue” to move to the next step.
4. Since one or more European countries (Austria in this example) have been selected as tax countries, merchants will be asked to provide a default shipping origin for European-bound standard and Wish Express orders. GST/VAT on purchases will be calculated based on the tax countries you selected. Click “Continue” to move to the next step. *Please note: If Wish Merchant Dashboard has not updated this information, estimated tax amounts for European countries may not be displayed, or the amounts displayed may be incorrect. *
5. On the next page, merchants will need to select the jurisdictions where they have indirect tax obligations (such as sales tax, GST, and VAT).
Please note that some regions offer the option of selecting a sub-jurisdiction. Using Alaska as an example, merchants can click the pencil icon to edit the tax nexus for certain counties, cities, and regions in Alaska (note that Alaska does not impose state taxes, so merchants can click the pencil icon next to Alaska to directly register tax information for each jurisdiction under the state):
Original details from wish merchant website:
To activate Tax Settings, follow the step-by-step guide below.
1.On the Merchant Dashboard, navigate to Account >Tax Settings on Merchant Dashboard. Click “Set up taxes” to start:
The Tax Settings homepage outlines important information of a list of countries/regions supported by this functionality for tax collection and reporting of your Wish store. When you set up taxes in more countries/regions for tax collection, you will see them listed on this page as well. The list also provides information on standard tax rates applicable to the countries/regions set up, tax liability (Wish remits, merchant remits, Determined at fulfillment, or None), and the status of the Tax Settings for the specific country/region listed. This information provides merchants with an overview of your current Tax Settings.
To set up taxes for more countries/regions, click “Set up taxes” to start.
Note that if you have not previously validated your store, you must click “Validate my store” first before you can set up Tax Settings. To learn more about how to validate your store, please visitthis FAQ article.
2. Next, select your country of domicile (ie place of business), which refers to a place where a company’s principal affairs of business are maintained. In this example, we select the United States from the drop-down menu as our country of domicile. Click “Continue” when done.
3. Then merchants are able to select their countries for tax collection. In this example, we select the United States and Austria as countries for tax collection:
Click “Continue” to move to the next step.
4.Because one or more European countries (in this example, Austria) have been selected as countries for tax collection, merchants will 5.In the next page, merchants are asked to select the jurisdictions where they have indirect tax (eg sales tax, GST and VAT) obligations.
Note that some areas may have subjurisdiction-level settings for merchants to select. For example, in Alaska, merchants have the ability to edit Nexus in certain counties, cities, and districts within the state of Alaska by clicking on the pencil icon (note that for Alaska, there is no state-wide tax, so merchants can click on the pencil icon next to Alaska to directly register for state-administered jurisdictions):
Article content source: wish merchant official website