#Scott-Tax
1 messages · Page 1 of 1 (latest)
Destination charges with stripe connect
Elements
Gotcha, in that case you have to handle this yourself currently as Stripe Tax does not yet support an Elements integration. If you don't want to handle this yourself then you could look into using an extension (see: https://stripe.com/partners/apps-and-extensions?q=tax)
See on the fees of a transaction, there is a tax automatically applied and I don't know how it is calculated
Ah okay that is a bit of a different question. Can you provide me an example PaymentIntent that I can look at?
Yes that's correct. See: https://support.stripe.com/questions/value-added-tax-vat-for-ireland-based-businesses
Of course!
I can now sleep in peace haha
🙂
Just one more question actually
I'm not sure if it's too high level to ask here but when creating separate transfers on a PI - Do you pay fees on all the Connect accounts your transfer funds too or just the PI?
Ah perfect!
For Connect payouts for instance.
You will want to look at https://stripe.com/connect/pricing
There would just be connect payouts applied at this case
Yes
That's perfect - So if I get a PI for €2 and I send a destination transfer of €1 - Their Connect account will have a balance of €1
Then when a payout is done to their bank - They pay the 0.25% + 10c on that balance
Resulting in a Net payout of €0.89
I believe the Connect fees come in batches to your platform. But I'm not a pricing expert. For this you will really need to talk to our Support team.