disha | Stripe Developers | Page 1

primal sunBOT Dec 21, 2022, 1:23 PM

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supple barn Dec 21, 2022, 1:25 PM

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With destination charges, the platform is the merchant of record (MoR) and as such is liable for taxes on any payments. Stripe Tax would calculate taxes on the platform account

storm wyvern Dec 21, 2022, 1:27 PM

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ok, and would that calculated tax be only reflected in the dashboard or will it be automatically deducted from platform's account?

supple barn Dec 21, 2022, 1:29 PM

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No, we don't pay the tax for you. We handle tax collection and calculation

storm wyvern Dec 21, 2022, 1:30 PM

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ok, and how is that calculation shared with platform owners? on Dashboard?

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Or, rather what is exactly meant by Tax Collection?

supple barn Dec 21, 2022, 1:30 PM

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storm wyvern ok, and how is that calculation shared with platform owners? on Dashboard?

Yes, and via the API and reports

storm wyvern Dec 21, 2022, 1:32 PM

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ok, and Tax Collection is supported as in, ability to specify tax-included or tax-excluded prices only, right?

supple barn Dec 21, 2022, 1:32 PM

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storm wyvern Or, rather what is exactly meant by Tax Collection?

We collect taxation amount due on payments made by your customers, whether that's inclusive or exclusive of the amount. That's a business decision for by you

storm wyvern Dec 21, 2022, 1:33 PM

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i see, thanks

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1 more question

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for customer's tax calculation, would the 5 digit zip code and country US suffice?

supple barn Dec 21, 2022, 1:34 PM

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See: https://stripe.com/docs/tax/customer-locations#supported-formats

Address validation

Learn about collecting customer address information to calculate tax.

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Seems so, yep

storm wyvern Dec 21, 2022, 1:34 PM

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thanks

#disha