Sales or Value added tax (VAT)
With Pump's group buying model, customers benefit from inheriting Pump's tax settings, which offers a distinct advantage.
By procuring AWS services through Pump, which is a Delaware incorporated entity, customers are exempt from paying sales tax or VAT on digital goods or Platform as a service such as AWS. Consequently, customers' tax settings are automatically adjusted to zero, eliminating any previous obligations for VAT or sales tax payments.
This benefits all customers, regardless of their location, who were previously responsible for paying sales tax or VAT. Going forward, all your invoices & cost explorer will no longer include a tax line item, simplifying financial processes and reducing costs for customers worldwide.
A cool new feature we have added is a line item that you will notice how much you are saving on tax from the Pump Dashboard.
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