
Regulation, Legislation and Tax
RTpay Global Consulting works with experts around the world to help clients keep ahead of the fast-changing regulations, as well as providing tools and expertise to ensure compliance with international tax regimes, required compliance standards and all applicable legislation.
International commerce requires compliance with rules and regulations from multiple tax jurisdictions.
- In some cases tax is due in the consumer’s country of origin, and in other cases tax is due in the merchant’s country of record.
- Reporting requirements are increasing dramatically in many countries.
- The increased cost of compliance is causing many banks to increase their pricing to merchants.
- Merchants who can show compliance with AML, KYC, PCI and other legislation can negotiate better rates with the banks – and avoid legal problems.