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That's crazy. We also have sales in almost every country in the world. Are you a European company? How do you dispense with US sales?
by throwitnowzone 6y ago
That's crazy. We also have sales in almost every country in the world.
Are you a European company? How do you dispense with US sales?
- mtmail 6y agoEuropean doing B2B and SaaS, which gets treated as accessing software over the internet. It's less complex than shipping physical products but still a mix of regulations as each US state can classify SaaS differently. https://www.quaderno.io/blog/sales-taxes-for-saas-in-us https://www.quaderno.io/blog/sales-taxes-for-saas-in-us "Some states regard SaaS the same as electronically downloaded software, so they tax it. Some regard it as a service, and some states don’t tax services at all." https://www.quaderno.io/resources/sales-tax-for-saas https://www.quaderno.io/resources/sales-tax-for-saas has a table of countries. India for example has no threshold https://www.quaderno.io/blog/saas-businesses-indias-online-service-tax https://www.quaderno.io/blog/saas-businesses-indias-online-s... at the same time with B2B it's the customer's obligation to deal with the tax. We, well our accountants, do the EU required breakdown of sales by EU country for tax purposes. For non-EU countries we don't yet.