All this talk about tax lately is funny.
Our leaders sense we have had enough of their robbery and we have.
I DO NOT CONSENT to my hard earned money being spent on experimental drugs
Stripe Tax
151–160 of 383 posts
Re: Stripe Tax
#152Honest question: can somebody enlighten me about Stripe's appeal? I am not an user (until recently they weren't even available in my country) but I used ShareIt (now Digital River) 20 years ago and Avangate (now 2checkout soon Verifone) in the past 15 years and they both: - had a much larger international presence, with localizations and everything - had sales taxes, VATs etc computed from day one - had cart (not sur…
The developer experience and ease and speed of integration are second to none. They managed to take a commodity service performed by many incumbents and make it so effortless that it blows away the competition.
Re: Stripe Tax
#153Earlier quoted context omitted.
Like, every single time. Their execution is amazing. Serious question, have any of their products had a poor rollout? I’m not asking about a feature you’d prefer that’s missing. I’m asking about something being buggy, poorly documented, or having a confusing marketing page.
> Serious question, have any of their products had a poor rollout? Yes. Payments with SCA2. Very poorly documented when rolled out, and TBH the docs aren't much easier to navigate now once you get off their "do everything immediately client-side" happy path. I've never known them to be buggy, but in this space there isn't room for bugs.
Yes, their PSD2/SCA roll out was disastrous. The documentation is marginally better now, and to their credit they've also produced a lot of example code repositories showing end-to-end implementations of various scenarios in various programming languages. But then, the epic scale of a full API integration and the moderate scale of even a Checkout integration today, as shown in those docs and sample repos, only highlight how painful the whole process has become. Then you look at the modern services that are going back to what early Stripe did so well, handling most of the pain of charging customers for you with very straightforward integration requirements, and the differences are stark.
Re: Stripe Tax
#154[deleted]
Re: Stripe Tax
#155All this talk about tax lately is funny.
Our "leaders" sense that we have had enough and we have.
I DO NOT CONSENT to my hard earned money being spent on unnecessary experimental drugs that hurt people or wars on foreign people that have done NO harm to me.
Re: Stripe Tax
#156That looks great, but that's a ridiculous pricing scheme. If you invoice $100k in a year, you're paying $4000 to Stripe to manage your sales tax. A lot of the issues with sales tax are not knowing your regulatory requirements and set up. I'd say that's probably worth $4k, but then going forward you still have to pay them that amount. I'd say it would be more worthwhile to pay an accountant to do that for you, and sav…
1. Kudos for handling your mistake gracefully.
2. As of this writing, almost everyone responding to you is using 0.4% as the pricing, when their page shows it's actually 0.5% for the scenario you described ($100k in a year). The lower rate only kicks in if you process over $100k in a _month_.
Unless they've changed their pricing details in the last hour, that's another great reason to let them handle this! Clearly we, collectively, don't have the attention to detail required for this ;)
Re: Stripe Tax
#157Does that mean a small US-based B2B SaaS with no EU nexus have to pay EU VAT? It seems overreaching.
Only if you meet the volume thresholds, which vary by country - e.g. for sales to Ireland you must register and pay VAT if your sales are over EUR 35k / year, but in Germany its 100k.
I have not idea about VAT (except paying for it), but as I've understood from a previously posted link this is not valid anymore starting July 2021.
https://www.avalara.com/vatlive/en/vat-news/eu-2021-one-stop...
> At the heart of the 2021 e-commerce EU VAT reboot is the introduction of the One-Stop-Shop (‘OSS’) single EU VAT return and the withdrawal of the Distance Selling thresholds. [...] Non-EU sellers may also apply to use the OSS regime, and just need to nominate any single EU state to register and file in.
Re: Stripe Tax
#158Earlier quoted context omitted.
report taxes. Stripe tax does all of that It doesn't say they file the taxes for you. "Speed up filing and remittance with comprehensive reports" means they will help you with it, but not do it for you. Later on the website : "Stripe reports surface all the information you need for each filing location, so you can easily file and remit taxes on your own, with your accountant, or with a preferred partner. US filing pa…
> It doesn't say they file the taxes for you Yay for automation, but is using third parties to file taxes not open to fraud and potential error (if you don't do it yourself?)
Yeah, but they would lose their license and customers and be sued for damages. The world is not a libertarian / individualistic wild west.
Re: Stripe Tax
#159Honest question: can somebody enlighten me about Stripe's appeal? I am not an user (until recently they weren't even available in my country) but I used ShareIt (now Digital River) 20 years ago and Avangate (now 2checkout soon Verifone) in the past 15 years and they both: - had a much larger international presence, with localizations and everything - had sales taxes, VATs etc computed from day one - had cart (not sur…
The developer experience and ease and speed of integration are second to none. They managed to take a commodity service performed by many incumbents and make it so effortless that it blows away the competition.
Yes, I heard that (couldn't test it myself). The integration for Avangate for example was a proof-of-concept PHP file and a couple of docs explaining the CGI parameters. Not great but not that horrible either.
But were those so incredible that it made up for the missing features? I mean if it was me I wouldn't implement the sales tax myself in a million years, no matter how nice the experience and integration was...
Re: Stripe Tax
#160This is so on point. About a year ago I was thinking of opening a company and selling digital products with Stripe in Japan (where I live). They offered a quick free call to answer my questions, and I did so. I am not fluent in Japanese so any help I'm offered I take it, and I wanted to know how many other troubles I could face at this endeavor. All my questions were answered promptly and greatly by them, and I was g…
> Let me tell you I know why you don't see an "Amazon of Japan", apparently in here I'd have to calculate the sales taxes for every country where my products are sold through agreements of Japan-{said country}. Some countries don't even have agreements like Brazil so they are in a gray area. AFAIK this is true for any other country, not just Japan. If you're in US, and you want to sell and ship products outside of US…
Apparently it's either not a requirement or not so strongly enforced in the US and EU as it is in Japan, or that was my understanding from the conversation.
Update: searching a bit and reading about the EU sales taxes, there are few rules but overall it's pretty clear you either don't pay or pay local sales taxes even for international sales for low-volume B2C sales (sorry it's Spanish): https://www.carrilloasesores.com/post/iva-de-ventas-por-inte...