Tax threshold monitoringPrivate preview

The tax threshold monitoring component enables connected accounts to track their potential sales tax collection requirements for payments processed through Stripe. Connected accounts interact with this component by viewing their volume and total amount of sales across all tax locations that Stripe monitors. This component is suitable for software platforms, which means that connected accounts are liable to collect taxes.

If you integrate Stripe Tax for your platform, you must collect information about the registrations with tax authorities of connected accounts in the applicable location. Connected accounts need to register with their tax authorities before adding their tax registrations in your platform. To correctly calculate and collect taxes for your platform, you must collect the tax registrations of connected accounts.

More details about how Stripe monitors users’ obligations are available at Monitor your obligations. The embedded component differs from the Dashboard and does not, for example, include unattributed revenue.

Requirements

• Your integration must follow the software platforms guide for Tax on Connect. This means that connected accounts are liable to collect taxes.
• If you have not already done so, render the Tax settings component and Tax registrations component. You need both the Tax settings component and the Tax registrations component to provide tax compliance control to connected accounts.

Integrate the tax threshold monitoring component

When creating an Account Session, enable tax threshold monitoring by specifying tax_threshold_monitoring in the components parameter.

curl https://api.stripe.com/v1/account_sessions \
  -u "
sk_test_BQokikJOvBiI2HlWgH4olfQ2
:" \
  -d account=
{{CONNECTED_ACCOUNT_ID}} \
  -d "components[tax_threshold_monitoring][enabled]"=true

After creating the account session and initializing ConnectJS, you can render the tax threshold component in the frontend:

// Include this React component
import {
  ConnectTaxThresholdMonitoring,
  ConnectComponentsProvider,
} from "@stripe/react-connect-js";

return (
  <ConnectComponentsProvider connectInstance={stripeConnectInstance}>
    <div>
      <h2>Tax Threshold Monitoring</h2>
      <ConnectTaxThresholdMonitoring
        // Optional
        // displayCountries={["US", "CA", "DE"]}
       />
    </div>
  </ConnectComponentsProvider>
);

Request early access Private preview

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