Tax filing
Tax filing tracks sales against each jurisdiction’s threshold at the entity total and registers and reports once one is crossed.
Trigger
Runs every day. Part of Books, run by the Finance Team.
Steps
- Total sales per jurisdiction across every Startup the Company holds, from Stripe Tax.
- Register in each jurisdiction whose threshold is crossed. It waits 1 business hour first.
- Turn on Stripe Tax collection for new sales there.
- File each return by its deadline and pay the tax due. It waits 1 business hour first.
Outputs
Example
The Company's sales into one state cross its threshold. Tax filing registers there, collects tax on new sales, and files each return on time.