## Monitor Your Tax Obligations

Stripe Tax provides insights into your potential tax registration obligations, often referred to as "economic nexus" in the US. It helps you understand where you might need to register, collect, and remit tax based on your sales into a state or country, even without a physical presence there. Stripe can also assist with the registration process on your behalf.

**How it Works:**

Stripe Tax tracks your Stripe-processed sales (minus refunds) based on each customer’s location. It then compares these sales against local tax registration thresholds. By using your preset tax code and location attribution, Stripe Tax calculates your total sales within the timeframes defined by local tax rules.

The threshold monitoring tool highlights potential registration obligations. However, it is your responsibility to confirm whether registration is actually required in each jurisdiction.

**Key Features:**

*   **Threshold Monitoring:** Tracks your sales against local tax registration thresholds.
*   **Jurisdiction-Specific Insights:** Provides information tailored to each state or country.
*   **Automated Alerts:** Notifies you via email and the Dashboard when registration might be necessary.
*   **Registration Assistance:** Offers the option for Stripe to register on your behalf.

**Important Considerations:**

*   **Stripe-Processed Sales:** Threshold monitoring primarily applies to payments processed by Stripe. Invoices processed off-Stripe and transactions created using Stripe Tax APIs are also included.
*   **Location Attribution:** Stripe Tax attributes a location to each processed transaction to accurately determine your tax obligations.
*   **Confirmation Required:** While Stripe Tax highlights potential obligations, you must confirm the actual registration requirements.

**Getting Started:**

Navigate to the "Needs attention" tab on the Tax page in your Stripe Dashboard to view insights into your potential tax registration obligations.