Thinkific Debuts Automated Sales Tax Solution for Creators Powered by Stripe

About this update from Thinkific Labs, Inc.

[{"type":"text","content":"\n \n \n \n Thinkific Debuts Automated Sales Tax Solution for Creators Powered by Stripe\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n All-new automated solution designed to calculate, collect, report and remit taxes on Creator sales in the US &\n \n Canada\n \n , saving significant time and effort in sales tax administration\n \n \n \n \n Thinkific is one of the first platforms globally to deploy the new, Stripe-powered solution\n \n \n \n \n Thinkific also announces advanced analytics capabilities, powering a new suite of commerce products and enabling Creators to make better informed business decisions and drive further efficiency and growth\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Aug. 17, 2023\n \n \n /CNW/ - Thinkific Labs Inc. (\"Thinkific\" or the \"Company\") (TSX: THNC), a leading platform for creating, marketing, and selling online learning products, announced today the launch of a new, first-of-its-kind automated Sales Tax Solution for Creators. Thinkific will be one of  the first platforms globally to deploy the solution which is powered by industry-leading financial infrastructure platform Stripe and designed to streamline the sales tax process for Creators using Thinkific Payments.\n \n \n \n \n \n \n \n \n \n \"Our Sales Tax Solution has been designed to take the complexity and confusion associated with taxes completely off our Creators' plates,\" said\n \n Greg Smith\n \n , CEO of Thinkific. \"Navigating sales tax remittance across multiple jurisdictions can be very complicated and time-consuming, which is why we've partnered with Stripe to offer an automated solution that seamlessly handles all aspects of tax compliance. Through automating this process, our Creators can concentrate on what matters most: delivering exceptional content and growing remarkable businesses.\"\n \n \n Sales taxes have long been a challenge for online Creators. The complexities of tax rules and obligations associated with tax filing across different states and provinces, coupled with ever-changing regula...

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