Tips for Developers Who Want to Build a SaaS Startup

Post by jiggywiggy » Tue, Aug 30, 2022, 8:37 AM UTC

TekMol wrote: post #5

I would like to hear more about how you approach the issue of taxes. The way I understand Stripe Tax is that it will give you a huge list of sales like: $210 paid from a company in the USA $123 paid from an individual in France $300 paid from a company in Japan ... And then you are supposed to do the right thing with that list. Is that true? Do you pass that giant list to your tax accountant and they fill all the cor…

Post by em1sar » Tue, Aug 30, 2022, 9:08 AM UTC

Post by codingdave » Tue, Aug 30, 2022, 9:27 AM UTC

melvinmelih wrote: post #8

gnicholas wrote: post #3

If you're posting an article, you should post the link instead of the full text, FYI. If you want to do a Tell HN that works too, but then there would be no need to include the link at the bottom.

I actually appreciated to read this article in full on HN. People should do that more often…

Post by stevage » Tue, Aug 30, 2022, 9:33 AM UTC

Post by jokethrowaway » Tue, Aug 30, 2022, 9:34 AM UTC

jiggywiggy wrote: post #31

TekMol wrote: post #5

I would like to hear more about how you approach the issue of taxes. The way I understand Stripe Tax is that it will give you a huge list of sales like: $210 paid from a company in the USA $123 paid from an individual in France $300 paid from a company in Japan ... And then you are supposed to do the right thing with that list. Is that true? Do you pass that giant list to your tax accountant and they fill all the cor…

To be honest I think most small saas are not compliant. When you are doing low revenue numbers like this guy under 100-200K per year its hardly ever relevant. A lot of countries and states don't claim sales tax to international countries under a certain treshold: 30 - 100K per year. (if you are selling to consumers would actually be a waste to charge sales tax) The EU is different, but if you are in the EU relatively…