Financing, tax rates, and accounting
This has comnfused me recently.. I am using 2CO as my payment option, and i need to submit a W8 form.
And on Shopify store, how should I set taxes?? I wonder do I need to pay taxes to Shopify or 2CO based on what kind of tax setting I made?
As far as I know, 2CO does not charge taxes from non-US residents and also if it is under 800 dollars.
I am really confused now.. Can someone help?
Im pretty sure you set up taxes acording to your countries required tax percentage
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