#Obo-tax-location

1 messages · Page 1 of 1 (latest)

elder iron
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hello

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can you explain a bit more? not sure I understand the question fully

rapid saddle
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So stripe tax allows us to automatically collect taxes in locations we register in

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does stripe tax then automatically pay the tax money collected to those locations?

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or are we as a company responsible for sending out those tax payments to all of those locations manually

elder iron
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So stripe tax allows us to automatically collect taxes in locations we register in
yes

or are we as a company responsible for sending out those tax payments to all of those locations manually
yes AFAIK Stripe doesn't pay taxes for you, it accounts for tax on top of the payments you charge for

rapid saddle
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got it. that makes sense

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and does stripe automatically report tax revenue to the locations we collect tax in?

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I'm seeing information that shows a status of "exceeded" in a lot of european countries

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(basically I'm trying to find the fastest way for us to be tax compliant here)

elder iron