Hey there, I believe validating VAT numbers is outside of the Stripe tax pricing and part of the Customer Tax IDs API, without any extra charge. Maybe someone from Stripe can confirm?
And yes, if you sell only to B2B Europe and everyone inputs their VAT number you're fine (because you actually don't have to charge VAT, it's a reverse charge). Stripe tax do know this nowadays.
But that's actually not so common, people signing up for products usually have no idea what the VAT number of their company is. But they are capable of getting a credit card and giving you a business address.
In this case, you have to compute VAT rates based on the country of the customer.
(This is not an accounting advice, just personal experience!)
> Hey there, I believe validating VAT numbers is outside of the Stripe tax pricing and part of the Customer Tax IDs API
Ah, good to know! It was mentioned in the same TFA, so I had thought it was chargeable with the rest of it.
> But that's actually not so common, people signing up for products usually have no idea what the VAT number of their company is.
Hmm, that hasn't been my experience, on either side of the table. As a biz owner, I get plenty orders from companies big and small, and always get a VAT ID through. When purchasing (on occasion) in my previous day job, I just had to ask someone in accounts what it was.
https://stripe.com/docs/billing/customer/tax-ids
And yes, if you sell only to B2B Europe and everyone inputs their VAT number you're fine (because you actually don't have to charge VAT, it's a reverse charge). Stripe tax do know this nowadays.
But that's actually not so common, people signing up for products usually have no idea what the VAT number of their company is. But they are capable of getting a credit card and giving you a business address.
In this case, you have to compute VAT rates based on the country of the customer.
(This is not an accounting advice, just personal experience!)