In its latest report, Stripe addresses the growing complexities of selling across borders, highlighting significant changes in tax laws that affect international trade. The report outlines various new updates and mandates from different countries that retailers and businesses need to be aware of to remain compliant in 2025.
Key Highlights from the Report:
- U.S. Sales Tax Changes: Over 400 sales tax rate changes have been implemented across U.S. states in the first half of 2025, complicating interstate commerce.
- De Minimis Exemption Changes: U.S. retailers will lose the de minimis exemption on low-value shipments, influencing pricing strategies.
- Brazil's VAT Reform: A dual VAT reform is coming into effect that will require nonresident companies to register locally for tax purposes.
- Mandatory Electronic Invoicing: France, Poland, and Belgium will implement mandatory electronic invoicing for B2B transactions starting in 2026, aimed at closing VAT gaps.
- Thailand Duty Exemption Changes: Duty exemptions for imports valued at $1,500 and below have been abolished.
- Philippines VAT on Digital Services: The Philippines has introduced a 12% VAT on digital services such as streaming and SaaS products.
This report underscores the importance for builders and developers involved in cross-border selling to stay updated on these regulatory changes. Understanding these developments can help businesses adapt their strategies in compliance with evolving tax regulations globally. Read the full report here.