Does it matter which payment processor my foreign-owned LLC uses for tax purposes?
I'm setting up payment processing for my foreign-owned LLC (Nevada) and I'm comparing Stripe, PayPal, Square, and Wise Business. I'm from the Philippines and I'll use the processor for my e-commerce store.
Does the choice of payment processor affect my tax obligations? Some people say Stripe is better for foreign LLCs, others say PayPal creates issues. I'm also looking at Wise because I can receive in USD and convert to PHP easily.
What tax reporting differences should I know about before I choose?
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