# Why is there no tax on my Managed Payments transaction?

A Managed Payments transaction can show no indirect tax when Stripe determines that tax doesn't apply. Stripe is the merchant of record for Managed Payments, so Stripe determines, collects, and remits applicable indirect taxes for these transactions.
## Check why tax wasn't charged
To review the result for a specific transaction, retrieve the related Invoice object in the Dashboard or through the API and check its tax result. The `taxability_reason` explains why the tax amount is zero.
| Taxability Reason Code   | Meaning                                                                       |
| ------------------------ | ----------------------------------------------------------------------------- |
| `product_exempt`         | The product is tax-exempt.                                                    |
| `reverse_charge`         | A business-to-business reverse charge applies, so the buyer accounts for VAT. |
| `customer_exempt`        | The customer is exempt from tax.                                              |
| `not_subject_to_tax`     | Tax does not apply to this transaction in the relevant jurisdiction.          |
| `product_exempt_holiday` | A United States sales-tax holiday applies.                                    |
| `portion_product_exempt` | A tiered tax rule applies, so only part of the amount is taxable.             |
| `zero_rated`             | Tax applies, but the applicable rate is 0%.                                   |
For more detail about taxability reasons and reverse charges, see [Zero tax amounts and reverse charges](https://docs.stripe.com/tax/zero-tax).
## How we determine tax requirements
When the customer is in a country where we support tax coverage, indirect taxes on Managed Payments are calculated through Stripe’s Sold through Link legal entity. In these instances, tax collection requirements are based on Sold through Link legal entity details and location, not your own.
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Read more about [Tax compliance and coverage](https://docs.stripe.com/payments/managed-payments/tax-compliance) and which tax invoices we issue for Managed Payments transactions for details about each invoice type.