Stripe Tax
Last updated
Last updated
Stripe Tax is a paid product developed by Stripe that lets you calculate, collect, and report tax on global payments. When used with the Stripe Checkout (Shopping Cart) plugin, your customers will be presented with a separate line item on the Checkout page that shows the tax component of the overall cost.
Please note that prices can be made inclusive or exclusive of tax, depending on what setting you choose in the tax settings section of your Stripe dashboard - see below for further details.
Pricing
Stripe charges 0.5% of the total transaction to add Stripe Tax to your Checkout integration - you can read more at this link.
Plugin Setup
Set the 'Enable Stripe Tax' field on the 'Create Checkout Session (Cart)' workflow action to 'yes'
Stripe Dashboard Setup
Activate Stripe Tax: In order to activate Stripe Tax, you will first need to add a registration in the 'Registrations' part of the Tax section in your Stripe dashboard.
Configure tax settings:
You can choose a preset product tax code to allow Stripe to calculate a product's tax rate.
You can also specify whether you want prices on the Checkout page to be inclusive or exclusive of the tax calculated