How do I report tax?

How do I report tax?

Hubapce hub owners process payments via Stripe, and thus, tax reporting is conducted through Stripe.

Here’s a summary of the process:

  1. Enable Stripe Tax: Ensure Stripe Tax is activated in your Stripe account to automate tax calculations. This can be done from your Stripe dashboard settings.

  2. Tax Calculations: Stripe Tax will automatically calculate the correct tax based on your subscriber's location and the applicable tax regulations.

  3. Tax Reporting: You can generate and download tax reports from your Stripe dashboard. These reports will provide detailed transaction data, including the taxes collected.

For more detailed instructions on setting up and managing Stripe Tax, refer to Stripe's setup guide here.