Quote:
Originally Posted by jimbo2012
ebay small time folks R not authorized to collect tax likely, the big sellers and there R many can do it but Ebay would need to have their program add the tax.
so now ebay adds the tax how does the seller repay the state?
Ebay recogizing how this will hurt their sales said "Auction site eBay is lobbying to expand the small business exemption to $10 million."
Read more: Internet tax supporters promise to allow amendments - The Hill's Hillicon Valley
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I'm sure the EBay folk understand this better than I, but it is not clear to me how this would affect them. Ebay doesn't seem to sell anything it just acts as a conduit. They don't even collect any payments. Ebay seems more like the for sale posts here on TOTV. You do see listings on Ebay that say tax is due if the bidder lives in Calif or wherever the seller is located so apparently some system already exists to add tax when it is required and it is the seller, not Ebay, who calculates the payment due. I do have to laugh at the idea that we should call it a small business until it sells over 10 million a year. According to the bill's sponsors in the link you provided, as written with a 1 million exemption it will only hit 1000 businesses. I wonder how few it would be at 10 million.