Taxes on Stripe fees for Singapore-based businesses
For Stripe account holders in Singapore, goods and services tax (GST) applies to certain Stripe fees for products and services (such as Connect, Terminal hardware and Radar) at the prevailing standard rate. The GST charge is applied in addition to Stripe’s product and service fees.
You will be provided with a monthly tax invoice for the GST charged on your Stripe fees. It will be delivered to your email with the subject “A new tax invoice is now available to view”. You can also access the invoice on your platform's website. You can learn more about tax invoices in the article below:
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