{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Build Your SaaS","title":"Super Fun SaaS Sales Tax (Part Deux)","html":"","width":"100%","height":180,"duration":2773,"description":"Last week's episode hit a nerve! \"The idea that every small software company in the world will be able to be in perfect compliance will every foreign federal, provincial, state, and municipal government that imposes a sales tax is ridiculous. It's an impossible task.\nBroadly, there were a few different camps with the responses we received: \nNorth American SaaS companies who have been using Stripe:  \"Yes! Sales tax compliance for SaaS is brutal.\"\nEuropean SaaS companies that have had to deal with VAT for a long time (many of whom use a Merchant of Record).\nSmaller North American solopreneurs and companies who had no idea they needed to collect and remit sales tax internationally.\nNorth American companies who have one-time sales and use Merchant of Record services.\nResponses from indie hackers:\nEuropean: “Once again, I notice that the indie hacking community has a somewhat naïve approach to what running a business actually entails. As a European, not having a plan for sales tax is... mindboggling.”\nCooper: “I think it might be a European perspective; we are dealing with VAT from day 1, so it's just one of the parts of running a business from the start, it can't really be neglected.”\nEdwin Saraccini: “To clarify, [for Canadians] this is absolutely new territory (Debated in parliament for years) and recently put to legislation in 2021.”\nDaniel Vassallo: “It's impossible to be compliant everywhere. The Kingdom of Tonga could tomorrow come up with an internet tax and require you to remit 25% of your sales to the tax office in person in their local currency. And they won't tell you about it. It's just a cost/benefit analysis.”\nDerrick Grigg: “How can they enforce tax collection on a business they have no jurisdiction over? Governments are shaking businesses down. I’m all for collecting and paying properly where you physically operate but collecting and remitting outside your province never mind nation is a stretch.”\nDerrick Reimer: “Dear Stripe: We SaaS founders are...","thumbnail_url":"https://img.transistorcdn.com/uLEB3yXk7eG1bODIEak_zvQgHa8QPnxUfVZd_NydrHw/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE1LzE1MjEyMzc4/NDYtYXJ0d29yay5q/cGc.webp","thumbnail_width":300,"thumbnail_height":300}