#ilikeblue-tax

1 messages · Page 1 of 1 (latest)

low crypt
glacial atlas
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hi alex!

low crypt
glacial atlas
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i think its this, this note is on the page you linked

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If you’re looking for automated tax calculation where you don’t need to define the rates, use Stripe Tax.

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but i keep seeing this notice while logged in

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You’re not registered to collect tax in any jurisdiction yet. You’ll see zero tax amounts for anywhere you’re not registered to collect tax. Stripe Tax is free until you add your first live registration.

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i don't plan on registering in any jurisdictions because we are peer to peer

low crypt
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which page are you seeing that notice?

glacial atlas
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we don't have to pay tax on each checkout

low crypt
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okay, so those are different things actually, even i got confused for a sec 😅 . The Stripe Tax in that notice box is referring to is automated tax calculation. If you don't need that, you can still use the tax rates API : https://stripe.com/docs/api/tax_rates

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it's just that we won't automatically calculate and apply the tax rates for you

glacial atlas
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no worries, there are a lot of docs!

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anyways, "The tax rate object" can i query by location instead of by ID?

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i know the sellers address and the buyers address in the peer to peer transaction

low crypt
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i'd suggest that after you create the tax rate object, you save it in your DB and link it to a particular location

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it would be more efficient than always querying Stripe API for it

glacial atlas
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so id have to first query the entire list, then use my own business logic to figure out the id, then query the tax rate object

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you save it in your DB and link it to a particular location

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ok, do you know how often the tax rate objects change? so how often id refresh the DB?

low crypt
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that's really up to you. The tax rate object is created by you, so after you successfully create it via the API, you would correspondingly save it to your DB. It's the same for an update

glacial atlas
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oh wait

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but its only going to list the tax rates i create?

low crypt
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yep it'll only list the tax rates you create

glacial atlas
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ok i dont think i want to do that because the US has a lot of taxes rates 🙂

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i just want to send stripe an address or location, and stripe tell me the tax rate

low crypt
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hmmm, let me take a closer look at Stripe Tax to see if it can do what you're looking for

glacial atlas
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ok thank you!

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i have a step away for a second but please leave your findings here

low crypt
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@glacial atlas are you using Connect?

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if yes, which connected account type - Custom/Express/Standard?

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and who is the merchant of record - platform/connected account?

low crypt
glacial atlas
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yes we are using Connect

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Connect Custom

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Platform is the merchant of record

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we are updating the capabilities of the connected account, so they can only receive payouts from the platform and won't have charge capability

low crypt
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i'm not great with US tax matters, i think at this point, it would be best if you wrote in to Stripe Support rather than me giving you wrong advice 😅

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sorry to have to redirect you

glacial atlas
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ok thank you alex, no worries, appreciate the help