2024.11.28 GoodsFox Daily E-commerce News:
-
Guided Memoir for Moms Hits 20,000 Sales! - Vietnam Ends Tax Exemptions on Low-Value Imports
- Shopify Tax Update Simplifies U.S. Sales Tax Filings
- X Offers Ad Credit Matching for Shopify Sellers
- Amazon Strikes and Fulfillment Delays Threaten Sellers
1. Guided Memoir for Moms Hits 20,000 Sales!
Source: GoodsFox
2. Vietnam Ends Tax Exemptions on Low-Value Imports
Vietnam's National Assembly has approved an updated Value-Added Tax (VAT) law effective July 1, 2025. The law doubles the non-taxable income threshold to 200 million VND annually and outlines stricter tax policies for e-commerce imports. The new rules aim to close tax loopholes on small-value imports and enhance customs efficiency, providing a robust legal framework for better tax enforcement on foreign ecommerce platforms.
3. Shopify Tax Update Simplifies U.S. Sales Tax Filings
Shopify has enhanced its Shopify Tax feature to enable automatic sales tax filing across all U.S. states. Merchants can now seamlessly submit monthly, quarterly, semi-annual, and annual tax returns directly through their Shopify stores. This update increases accuracy and saves time, making tax compliance effortless for U.S.-based sellers.
4. X Offers Ad Credit Matching for Shopify Sellers
X (formerly Twitter) has launched a limited-time offer for Shopify merchants, matching 100% of ad spend for campaigns run through X Ads. Merchants must consult with X Ads specialists and link their Shopify accounts to qualify. Ad credits, valid for 30 days, provide an opportunity to amplify campaigns and drive holiday sales. The promotion ends on December 1.
5. Amazon Strikes and Fulfillment Delays Threaten Sellers
Amazon workers are planning strikes during Black Friday and Cyber Monday, demanding fair wages and improved working conditions. Simultaneously, key warehouses like LGB8 and ONT8 are overwhelmed, causing delays in pallet pickup and deliveries until December 2. Sellers should prepare for inventory disruptions during peak shopping days.
GoodsFox Daily E-commerce News: Explore TikTok’s trending memoirs, Vietnam’s new VAT rules, Shopify’s tax filing update, and Amazon's peak-season challenges.
Join our Discord community to connect with fellow TikTok and DTC brands for insights and discussions!