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HomeBankingStripe: Launches tax compliance tool

Stripe: Launches tax compliance tool

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Stripe: Launches tax compliance tool

  • Stripe is a technology company that builds economic infrastructure for the internet
  • Announced the launch of Tax to help businesses automatically calculate and collect sales tax
  • It automates tax calculation and collection for transactions tells businesses where they need to collect taxes
  • Tax compliance has become increasingly complex, with digital and physical goods now taxed in over 130 countries
  • The tax rate for tickets to the same webinar vary significantly depending on the location of the ticket holder
  • Businesses face significant opportunity costs in becoming compliant, but also maintaining a compliant setup globally

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