Hatching Dodo | Ep 4 | How an MoR Helps With Sales Tax Compliance

Oh I agree. Young entrepreneurs should focus on building the product, finding the first hundred customers who love the product, and then scaling that they should not worry about sales tax compliance. But the harsh reality is, you can't get away with that. Countries and the regulatory is extremely strict, but a lot of new regulations have come up.

For example, in EU, earlier in Jan 2024, it now required all pay, fax or payment gateways to share. data on a merchant level if they have collected sales tax or not, and they are now starting to impose a lot of fines. That is why you should work with the merchant of record. Absolutely agree. Don't worry about sales tax compliance.