Legal requirements

[amiuhle]

What's necessary to meet legal requirements? I'm thinking about taxes, but there might be more to consider.

Kasisto will expect some existing receipt from another system, most likely printed. When a seller creates a payment request with Kasisto, they will be able to enter an associated receipt id. This could be via keyboard input, taking a picture of the receipt or scanning a barcode containing the receipt id.

Considering the seller can print a payment confirmation for the buyer and can export or print a transaction history for themselves, would this be sufficient to meet legal requirements?

If it's some specific issue, e.g. a certain country, please provide details.

[ajs-xmr]

Some jurisdictions do not impose a sales tax, while others do. Some include the tax within the price (VAT), in others, the tax appear as a separate line item charge. In some jurisdictions, there are different types of taxes that are collected for a city, district, or state.

The easiest thing to do is to have an option where users could manually enter tax rates.

Alternatively, you could also integrate Kasisto with a tax compliance service like Taxjar. Taxjar supports sales tax calculations from many countries around the world.

EDIT
Taxjar API repo: https://github.com/taxjar

[ghost]

I'll have the chance to talk with one of the founders of Blockpay.ch at the beginning of April and will ask him about this. They have created a POS system for other cryptocurrencies and I am pretty sure they have already answered these questions for themselves.