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Stripe Tax

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Re: Stripe Tax

#301
post #300

Earlier quoted context omitted.

The replit guy needs to study your post so he can learn how to handle mistakes the right way

What happened with the replit guy?

replit guy strutted out his hardscrabble kid from Jordan sob myth while "apologizing"

Re: Stripe Tax

#302

Earlier quoted context omitted.

YES, considering the only best competitor in this space Paddle takes 5%. Taxes is the reason why in the past most EU/UK businesses go to Paddle. Stripe's Tax feature now saves people who were considering Paddle a lot of time now.

Here's some current Stripe UK pricing, confirmed on their site today. Baseline of 2.9% + £0.20 for international card payments. (It's reduced to 1.4% + 20p for European cards.) Add 2% for currency conversion. The exchange rate used is stated as "the daily mid-market rate provided by our service providers". Add 0.5% for Billing if you're using subscriptions. Add 0.5% more if you're using this new Stripe Tax functional…

Stripe also offers interchange plus pricing, but you’ll have to badger them for it… if you’re selling in Europe it can work out much cheaper, but it depends (eg amex would cost you much more).

Also the exchange rates can be avoided by setting up bank accounts with different currencies (eg transferwise —- now wise). This alone saved us a bundle.

Re: Stripe Tax

#303
post #251
post #207

Taxes are bad. Governments absorb wealth. They don't create wealth. No government has ever created wealth.

Please don't take HN threads on generic ideological tangents. They're repetitive and usually turn nasty. https://hn.algolia.com/?dateRange=all&page=0&prefix=true&sor... https://news.ycombinator.com/newsguidelines.html We detached this subthread from https://news.ycombinator.com/item?id=27461853 .

Can you please ban me? I don't want to be part of this community any more. I appreciate you (you! specifically) holding this place together but it's become one of the most toxic places on the internet for anti-Christian, anti-American and anti-conservative sentiment.

Re: Stripe Tax

#304
post #51

I have a nano sized business to cover some server costs in Finland. Here are the EU rules as I understand them: * Selling goods - If selling to private persons in European Union fiscal territory (EUFT), add 24% (Finnish VAT). - If selling to businesses in EUFT, no VAT. - If selling to anyone outside EUFT, no VAT, but you may be liable to collect and pay VAT to the customer's country's tax authorities. - Note that the…

> - If selling to anyone outside EUFT, no VAT, but you may be liable to collect and pay VAT to the customer's country's tax authorities. I thought selling to businesses outside EUFT was the same as selling to businesses inside the EUTF.

Well I guess it would depend on the target country's specific tax laws.

Re: Stripe Tax

#305

Earlier quoted context omitted.

With this new Stripe solution, do you still have to register for licenses to collect tax everywhere and remit the sales tax to various US states and foreign governments? Unless I misunderstand, that still sounds prohibitively onerous for anyone working as a solo dev or very small team..

Also wondering about this. Having a one man band b2b only saas, in EU. Have few customers in US to whom I just send an invoice with no tax added. This is what I heard from long ago was how you do. Have never registered any taxes abroad in any country. For EU customers I collect VAT no and do the quarterly report but for all other countries I’ve done nothing. I have basically been doing this wrong then?

As long as you are small enough, that's what everyone does. Pay taxes in your own jurisdiction, ignore foreign taxes.

At some point you may reach a limit where you need to file taxes in other places as well.

But as a one man operation that sounds unlikely.

Re: Stripe Tax

#306

Earlier quoted context omitted.

Stripe came up in an era when nobody in the US worried about taxes, generally speaking. That's changing now.

Any good references on this? Curious

A couple of years ago, internet sales tax across state lines started being enforced. I think there was also a temporary moratorium to build up ecommerce while in its early stages. This case was related:

https://www.thetaxadviser.com/issues/2018/sep/supreme-court-...

Re: Stripe Tax

#308

Ben Evans once described Stripe as tax on Internet SaaS. For a moment I’d thought it was Stripe admitting the same.

The same "tax" existed before Stripe, and it was higher, in both overall costs and development complexity.

"The price of doing business."

Re: Stripe Tax

#309
post #85

Earlier quoted context omitted.

VAT is uniform across all of Germany. Therefore detailed location information isn't necessary. The country can be inferred reasonably accurately from the IP. You can have a drop-down somewhere to correct the country if necessary. ~~And I don't think there's a law that requires you to show the price including tax, but it's definitely expected.~~ I have been corrected: it is indeed required.

> The country can be inferred reasonably accurately from the IP. That would be a guess at best. A VPN or caching service (or merely inaccurate geo-IP data) could cause the site to infer the wrong location. The law linked by Vespasian doesn't appear to make any allowance for cases where the tax jurisdiction may be uncertain, though it's possible that the automated translation I read glossed over some nuance. > You can…

This law is an old one and has been in effect forever (offline and online). I'm certain there is a lot of legal practice and precedence on what can be expected of a "reasonable" company. Courts are usually quite pragmatic in their rulings (otherwise no law would ever work)

The Goal is to prevent misleading advertising and tricking of the customer by showing them a different price.

A typical costumer won't use a VPN etc, so if you can demonstrate that you had a sufficient amount of evidence no court will punish you for it.

E.g.: German IP, German browser, a German credit card and a German shipping address are probably sufficient.

Edit: it used to be that you have to go to great lengths to ensure that no consumer can shop in your B2B shop (like verifying their business license, making sure the customer isn't lying etc). In recent years the federal high court ruled on several occasions that this is not necessary and a simple disclaimer and a checkbox is enough in most cases (IANAL).

Re: Stripe Tax

#310
post #273
post #257

Earlier quoted context omitted.

Does Congress have that power? I suppose you could argue they're interstate commerce regulations, but idk if that'd fly. Edit: Obvious SD v Wayfair is relevant here, https://www.supremecourt.gov/opinions/17pdf/17-494_j4el.pdf It's too complex to even take a stab at guessing what they'd say based on that though. Also, I'd forgotten what a wild lineup the votes were. GINSBURG, ALITO, and GORSUCH, JJ., joined. THOMAS, J…

It's kind of hinted at somewhere in Wayfair that this is really kind of about the defaults when Congress declines to speak. Congress has extremely broad powers to regulate interstate commerce which would let them decide if and how states can make sellers in other states collect for them. So far, Congress has declined to weigh in, and so we get the default. For some things the default is that states cannot do them unl…

Although your belief is a common one even at the highest levels, reality is that Art. 1, §8, cl. 2 is not actually as broad a power as is believed and/or imagined. People are reading something into that clause that did not exist when it was written, nor should it exist today. It is a function of the misunderstanding of what "regulate" means as it is and was meant, rather than what today's manipulators or "designing men" as Andrew Jackson called them, intend to imprint on it.

When written, "regulate" did not mean control by authoritarian and dictatorial means, absent of checks and balances and controls on power as it is implied today, i.e., "we {insert unelected bureaucratic authoritarian agency} decree by regulation that you may not do this thing or that you have to do this thing." What "regulate" meant when written was to order and bring into purpose suited structure, to bring into a regular state, opposed to an irregular state. There was no overt or hidden or implied sense of manipulation and control implied, it was a description of state, not action.

It is something that is to a large extend willingly overlooked by those who are authoritarian minded, but this natural entropy of language/meaning and even often deliberate and intentional manipulation of language and words (see today's public dialogue and clear and intentional manipulation of language, i.e., you can say some things and the meaning and use of other things is imposed or assaulted), causes excessive amounts of problems. A good example of this kind of change, is the word matrix; that means a pattern of lines or marks, usually in a uniform layout, which used to mean nothing more than a female breeding animal since time before records and well into the 18th century, including even today in niche agricultural circles. The connection to the breeding female coming from the sense that a mathematical matrix is a component into which quantities can be set, or bred into.

Congress does not technically have the right to control commerce, let alone trade, but it does have the power to set commerce into and orderly, or regular state; opposed to an irregular state, i.e., into a wanton and unpredictable state. That does not include using its powers to change or manipulate it with objectives or outcomes in mind.

But regardless of what I say or even the founders meant, the great powers of human hive-mindedness and whoever can control it will ultimately determine the outcome and impacts. We are rapidly approaching a state where everything and anything in the Constitution is essentially put through an authoritarianism conversion where everything is interpreted as meaning centralized control and power, while always and relentlessly stripping individuals of power and control over their own lives and freedoms … all by changing language, which is precisely why certain groups are so focused on changing the language, because if you change the meaning of freedom to slavery, then you are halfway to 1984.

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