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re: Amazon and eBay now applying taxes?
Posted on 7/25/20 at 9:57 am to WDE24
Posted on 7/25/20 at 9:57 am to WDE24
quote:
In such cases, eBay collects and remits Internet Sales Tax on your behalf.
Big Tech absolutely LOVES this.
You're pretty much dependent on them to handle that for you. It's an administrative nightmare for a small business. But Amazon, eBay, Shopify, etc can do it automatically.
1
Posted on 7/25/20 at 9:58 am to Will Cover
I would venture to say not many since online transactions are easy to track.
Start an LLC with a tax ID.
Start an LLC with a tax ID.
Posted on 7/25/20 at 10:00 am to Sidicous
quote:
It's local and states getting their handout money. Never a budget cut always a new tax. Gimme! Gimme that too! Gimme some more!
Yes it’s legalized theft, especially on used items that have already had taxes paid on them(eBay)
Posted on 7/25/20 at 10:00 am to Will Cover
quote:
EBay is collecting for Louisiana, whether required to or not.
I do not believe this is correct.
As a seller you are given an option to collect sales tax. Louisiana does not require eBay itself to collect the tax.
It may appear as eBay is collecting the tax though.
Posted on 7/25/20 at 10:02 am to Will Cover
quote:
Will Cover
Amazon >>> eBay
OT has not forgotten Baw
Posted on 7/25/20 at 10:08 am to Will Cover
The incentive for Amazon to collect taxes in Alabama is that they they can charge the full 10% sales tax (or whatever your local rate is), then Alabama says that as long as Amazon will turn the tax in on time, the state will give them a 2% rebate.
So, basically Amazon makes 2% profit on every sale, just by charging you sales tax
So, basically Amazon makes 2% profit on every sale, just by charging you sales tax
Posted on 7/25/20 at 10:12 am to Bestbank Tiger
quote:
On eBay you classify as new or used. Used would most likely be exempt. Mistake on eBay's part if it has tax.
I bought something marked used on there that had tax on it. Hell, I bought something used from an individual in Russia they put tax on.
Posted on 7/25/20 at 10:14 am to Bestbank Tiger
quote:
On eBay you classify as new or used. Used would most likely be exempt. Mistake on eBay's part if it has tax.
An an example, I just clicked on a very old used computer. $69.99 to buy it now.
$6.26 in applicable taxes added to final price.
That is horse shite.
This post was edited on 7/25/20 at 10:14 am
Posted on 7/25/20 at 10:15 am to Will Cover
Here is the endgame. A cashless society. Imagine all the money (physical cash) changing hands every day at a flea market, roadside stand or yard sale. No taxes are being paid. The “state” wants their cut. When all transactions are electronic, bam, the man get his piece of the pie. All you are left with is bartering, which can be time consuming and cumbersome.
Posted on 7/25/20 at 10:16 am to ldts
quote:
I bought something marked used on there that had tax on it. Hell, I bought something used from an individual in Russia they put tax on.
That’s not right. The local government(s) have no right to this money. Double taxation on used items. No way eBay is sending that on behalf of seller, because the law does not require them to. Where is this money going?
This post was edited on 7/25/20 at 10:17 am
Posted on 7/25/20 at 10:16 am to LoneStar23
quote:
Uncle Sam needed more moneys
Uncle Louisiana, there is no federal sales tax. State issues.
Posted on 7/25/20 at 10:17 am to Will Cover
I sell on eBay and the tax is collected by ebay. We don't get any of it and we have to pay extra tax on income made from the sales. Talk about the government double dipping on our money!!!
Posted on 7/25/20 at 10:19 am to Bestbank Tiger
quote:
It's an administrative nightmare for a small business.
Not really. I just hand over my paperwork to my CPA and write a check to the government.
Posted on 7/25/20 at 10:23 am to Bamafig
If you buy a used car from a dealer, you pay sales tax on it.
If you buy a used golf club from a pro shop, you pay sales tax on it.
If you buy used clothes from a thrift store, you pay sales tax on them.
If you buy a used gun from a dealer, you pay sales tax on it.
If you buy a used golf club from a pro shop, you pay sales tax on it.
If you buy used clothes from a thrift store, you pay sales tax on them.
If you buy a used gun from a dealer, you pay sales tax on it.
Posted on 7/25/20 at 10:28 am to Will Cover
Posted on 7/25/20 at 10:43 am to Will Cover
quote:
Not on eBay. No taxes for items I have purchased were ever collected on eBay. This has been a recent development.
For several years now, it has been eBay policy for sellers to charge and collect sales tax only if the buyer/shipping address is in the same state as the seller.
I haven't sold there in a while, so I don't know if it is on all sales now.
Posted on 7/25/20 at 10:45 am to LoneStar23
quote:
Uncle Sam needed more moneys
Sales taxes go to the states, not the feds.
Posted on 7/25/20 at 10:48 am to Bestbank Tiger
quote:
On eBay you classify as new or used. Used would most likely be exempt. Mistake on eBay's part if it has tax.
Ehh...
Posted on 7/25/20 at 10:49 am to ldts
Where is the sale considered to happen? Buyer’s location or seller’s?
Posted on 7/25/20 at 10:50 am to Gravitiger
quote:
You can thank the reddest state in the union.
I hate taxes in general, but if a brick and mortar retailer has to collect them, so to should online marketplaces. Even shitty things like taxes should be applied evenly.
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