Quick way for governments around the world to 2x VAT and GST revenues: Instead of asking millions of small businesses to *voluntarily* collect and remit taxes for foreign governments, ask Stripe to do it on their end.
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(Paddle and Gumroad already do a version of this)
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Asking a small business to collect and remit sales taxes to dozens of different government entities is ridiculous. The result? Tons of non-compliance. It’s just too much work for most companies.
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Small companies don’t have an accounting department. They don’t have a legal department. They don’t have the resources to wade through the regulations and make themselves compliant. 3rd party services that do tax compliance are just a bandaid.
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If I was the EU, I would mandate that
@stripe collect and remit VAT immediately. My guess is 80% of Stripe’s USA customers aren’t collecting and remitting VAT. It will be a huge burden lifted off the shoulders of small businesses.2 odpowiedzi 0 podanych dalej 2 polubionePokaż ten wątek
I know from a source within Stripe that they're working on better tooling around taxes to make it less of a burdon for companies implementing it. Can't say what or when but they're aware that they need to do better here.
Wydaje się, że ładowanie zajmuje dużo czasu.
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