#tayloraucoin - Stripe Tax

1 messages · Page 1 of 1 (latest)

rose stirrup
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Still catching up. Copying your last questions here as well

  1. Does this also take care of Nexus? From what I researched online is that they, as Connected sellers, will have to go into their Stripe dashboard and register to pay tax in which states. Is this correct?
    Can you please speak as much as you can on this topic to avoid any misunderstandings?

  2. Will each of my sellers be able to see all their tax info in their individual Connect dashboards? I assume it will all be there with the rest of their financials.
    Essentially, what do I tell my sellers about how to view and report on their taxes?

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For 1. are you using Stripe Checkout or your own custom form?

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I will see what I can find for 2 and 4. 3 is definitely a question for support. I'm sorry to hear you aren't enjoying your experience thus far but reiterating that question to them will be the best way to get an answer

marble cedar
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  1. Invoices system
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Connected accounts in a marketplace

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I charge the user then transfer to each seller in the checkout

rose stirrup
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What Checkout page is this? Is this a page you have developed or is this a Stripe hosted page that you link your users to?

rose stirrup
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  1. I believe I understand how this works on the transaction submission level. However, I cannot seem to find how this works in terms of strictly querying for the tax total
    Unfortunately there is not an API endpoint specifically for this but you should be able to see the total on the Checkout or Invoice page. Can you tell me a bit more about where you want to see the order total but are not seeing it?
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  1. So to confirm, Stripe tax pays the appropriate governments on our behalf? As in, you take the money from the transaction and handle that completely for us?
    As our support said, we do not automatically pay those taxes for you.
    So to further confirm, the money is forwarded to the sellers to do their own submissions?
    Is there anything I need to do to aid in this process?
    To answer this, I would need to know more about how you are charging your users and how you are taking your fee from the funds your users collect. Can you tell me a bit more about how you are currently taking payments with Connect?