How U.S. State Sales Tax Applies to Orders on Finnalby

Sales Tax Collection by Finnalby

Finnalby, in accordance with state tax regulations, is responsible for the following:

• Automatic Calculation: Finnalby calculates the required sales tax at checkout based on the shipping address of the order.

• Collection: Sales tax is collected from the buyer at the time of purchase.

• Remittance: Finnalby remits the collected sales tax to the appropriate state tax authorities if the Nexus has been met in this state. For an up to date list of states that Finnalby remits taxes to for this calendar year, click here. 

This process ensures compliance with state laws and simplifies tax obligations for sellers.

States Where Finnalby Collects and Remits Sales Tax

Finnalby is registered as a sales tax vendor in various states across the US. Sales tax is collected and remitted on all taxable sales in these states as they hit their nexus. For an up to date list of states that Finnalby hit a nexus on, click here. 

Seller Responsibilities

No action is required from sellers to collect sales tax from buyers in states where Finnalby handles this process. Sellers do not need to update their sales tax settings for orders shipped to these states. The sales tax settings in the Market Manager are only used for states where Finnalby does not automatically collect sales tax.

No Additional Fees

Finnalby does not charge any additional administration fees for calculating, collecting, and remitting sales tax on behalf of sellers.

Opt-Out Policy

Sellers cannot opt out of Finnalby’s automatic sales tax collection and remittance process. This ensures uniform compliance with state tax laws.

Using Stripe as the Payment Processor

Finnalby utilizes Stripe for payment processing. Stripe’s integration ensures that sales tax is accurately calculated and charged during the checkout process. This seamless integration helps maintain compliance with tax regulations and provides a smooth transaction experience for both buyers and sellers.

Detail on Tax Collected
For more detailed information on sales tax collection, visit Finnalby’s Help Center or contact customer support.

How much sales tax was remitted by Stripe for my order? The amount of the sales tax that Stripe collects and Finnalby remits will be summed for your reference in your account manager.  To see how much sales tax was remitted by Finnalby for a particular order, download your orders or a spreadsheet of your orders. 

For more detailed information on sales tax collection, visit Finnalby’s Help Center or contact customer support.