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Stripe Buying TaxJar

Stripe has agreed to buy TaxJar, which makes online sales tax software. Terms were not disclosed.

Stripe will integrate TaxJar into its applications and  create a suite of tax tools that platforms can offer to customers. The 200 employees of TaxJar, which was founded in 2013, are joining Stripe.

“With TaxJar, we will help millions of internet businesses running on Stripe with their sales tax and make it easier for them to sell internationally,” Stripe’s CFO Dhivya Suryadevara said in a prepared statement.

TaxJar customers can continue utilizing its services separately

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