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A comment on Stripe Billing. Parent comment

Re:Stripe Billing by IAmEveryone on Friday April 06, 2018 @06:06AM (#16772145)
I doubt that EU regulations are more onerous than their US counterparts. And, obviously, the EU is mostly just replacing country-specific regulations, making it about 16x easier to enter the European market.

I'd also like people to name specific regulations they disagree with, yet any time I challenge s/o they slink away.

In this case, a stripe rep in this thread posted a list of their todos for the EU. Note that literally "putting VAT ID numbers on invoices" makes their top 5! Can't be that bad after all:

"localize the invoices, add EU specific payment methods to invoices, improve tax support, make default invoice templates EU compliant with VAT ID"

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Re:Stripe Billing by saryant on Friday April 06, 2018 @10:21AM (#16773407)
I lead a payments team.

US requirements around what we put on invoices: 0 EU requirements around what we put on invoices: Still figuring it out

The technical implementation is not difficult. It's dealing with all the lawyers and accountants who have to understand regulations of 27 different countries.

There is a significant difference between "not regulated" and "regulated at all". The burden of understanding the regulation itself is a cost, even if the actual compliance turns out to be simple.

[ Parent | on HN ]