How does the PoS track loyalty rewards related tax implications at the geography and market level?

[Hatchplan]

I want to understand how does the PoS track the tax liability for Loyalty Rewards? Does the PoS account for different tax and reporting requirements for European, Asia, and North American markets?

[Kassi_]

Hey there @Hatchplan -

Welcome to the Community! You post is appreciated. 

The only type of tax form Square makes available for you is the 1099-K form. You would be able to download it on your Dashboard, if you met 2 requirements - over $20,000 in card transactions and over 200 card transactions. 

Anything else, you would have to consult with a tax professional on how to report.