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by coldseattle 2927 days ago
That’s exactly the point. Only the biggest companies with large pools of compliance accountants and attorneys will be able to do business.
2 comments

Unless it can be outsourced? Companies providing an Internet storefront that takes care of sales tax should do well. Could Stripe do this?
I mentioned it elsewhere in this thread too, but some companies like Paddle & Fastspring (and I think 2Checkout/Avangate) already do this.

As far as I know, Stripe doesn't do this, they only provide integrations for services that will calculate your tax obligations. (My guess is governments will eventually force Stripe to pay the taxes themselves directly.) Here's Stripe's page with tax calculation integration options:

https://stripe.com/works-with/categories/tax-calculation

Until you pay one of many existing SaaS providers a modest fee to do this for you.