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Thread: EBay Sales Tax????

  1. #21

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    Re: EBay Sales Tax????

    Go to eBay and follow support links. They explain what they call marketplace responsibility states which have various rules typically calling them marketplace facilitators

  2. #22
    MGRex's Avatar
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    Re: EBay Sales Tax????

    Sales tax is typically collected by the seller and remitted to the government. As an eBay seller, it is your responsibility to collect and pay sales tax on the items you sell, if applicable. eBay does not automatically collect and pay sales tax on your behalf. CRM data enrichment can be helpful in keeping track of this information and ensuring that you are following the appropriate sales tax laws.

    The amount of sales tax that you are required to collect and pay depends on the laws in the state where you are selling the items and the state where the buyer is located. Some states have a sales tax, while others do not. In states that have a sales tax, the tax rate can vary depending on the type of item being sold and the location of the sale. CRM data enrichment can assist in determining the correct tax rate for each sale.

    It is important to understand the sales tax laws in your state and any states where you are selling items. Failure to collect and pay the required sales tax can result in fines and penalties. Using CRM data enrichment can help you stay up-to-date on the sales tax laws and ensure that you are in compliance.

    As for how this affects sales on the Lf Forum, it is important to follow the sales tax laws in any state where you are selling items, regardless of the platform on which you are selling. This includes following the rules for collecting and remitting sales tax. CRM data enrichment can assist in keeping track of your sales and ensuring that you are following the necessary rules and regulations.
    Last edited by MGRex; 6-Jan-2023 at 00:38.

  3. #23

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    Re: EBay Sales Tax????

    The biggest factor is how much you sell on EBAY. If you any sell a little -- that is not for much money -- it's no big deal. You won't owe anything to the "Government". If you have sales that amount to a lot of cash, then you will have taxes to pay. How much and to whom? That depends on where you live.

    So if you are not a big time EBAY seller, take it easy.

  4. #24
    Alan Klein's Avatar
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    Re: EBay Sales Tax????

    Quote Originally Posted by xkaes View Post
    The biggest factor is how much you sell on EBAY. If you any sell a little -- that is not for much money -- it's no big deal. You won't owe anything to the "Government". If you have sales that amount to a lot of cash, then you will have taxes to pay. How much and to whom? That depends on where you live.

    So if you are not a big time EBAY seller, take it easy.
    You're confusing sales taxes with income taxes.

  5. #25

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    Re: EBay Sales Tax????

    EBAY collects sales tax. I don't have to do anything. In the last month, on my sales, they collected $54.06.

    Income tax? That I still MIGHT have to deal with.

    But you are correct -- the OP was about sales tax, not income tax.

  6. #26
    Tin Can's Avatar
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    Re: EBay Sales Tax????

    I got behind remitting sales tax from my business long ago

    They put a lien on my home which complicated divorce, the Tax guys had said no lien as I was paying it off fast

    When I sold the house MY Lawyer walked me into State Tax offices and gave them the entire check

    I now had no wife, no home, no business and no money

    I was just about to sleep in the nice city park

    and the beat goes on
    Tin Can

  7. #27

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    Re: EBay Sales Tax????

    Quote Originally Posted by MGRex View Post
    Sales tax is typically collected by the seller and remitted to the government. As an eBay seller, it is your responsibility to collect and pay sales tax on the items you sell, if applicable. eBay does not automatically collect and pay sales tax on your behalf. CRM data enrichment can be helpful in keeping track of this information and ensuring that you are following the appropriate sales tax laws.

    The amount of sales tax that you are required to collect and pay depends on the laws in the state where you are selling the items and the state where the buyer is located. Some states have a sales tax, while others do not. In states that have a sales tax, the tax rate can vary depending on the type of item being sold and the location of the sale. CRM data enrichment can assist in determining the correct tax rate for each sale.

    It is important to understand the sales tax laws in your state and any states where you are selling items. Failure to collect and pay the required sales tax can result in fines and penalties. Using CRM data enrichment can help you stay up-to-date on the sales tax laws and ensure that you are in compliance.

    As for how this affects sales on the Lf Forum, it is important to follow the sales tax laws in any state where you are selling items, regardless of the platform on which you are selling. This includes following the rules for collecting and remitting sales tax. CRM data enrichment can assist in keeping track of your sales and ensuring that you are following the necessary rules and regulations.
    Unfortunate that your first post here dredged up a thread that’s been dormant for nearly four years, especially since what you posted is totally false. eBay has collected and remitted sales tax for several years, relieving sellers of that responsibility.

  8. #28
    Alan Klein's Avatar
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    Re: EBay Sales Tax????

    What about sales tax and Paypal?

  9. #29
    Alan Klein's Avatar
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    Re: EBay Sales Tax????

    Quote Originally Posted by drj52 View Post
    Unfortunate that your first post here dredged up a thread that’s been dormant for nearly four years, especially since what you posted is totally false. eBay has collected and remitted sales tax for several years, relieving sellers of that responsibility.
    Just to be clear. Sellers, if they're not in business and not making large shipments to the states in question over the year, are not required to collect sales tax. Companies must apply to each state to get a license to collect sales tax for each state. It is illegal to "charge" sales tax if you don't have authorization from the state the buyer lives in. There's no way to forward the money to that state since you're not licensed to collect the tax. The buyers are supposed to pay sales tax called a use tax in their states for purchases they make where sales taxes were not collected at the time of sales.

    EBay because it's a huge intermediary doing "sales" in all states in the millions, has been required to collect sales tax in all these cases now. Same for companies like B&H Photo, Adorama, etc.. The sales tax money collected is forwarded to each of the states at the % rate required by the state.

  10. #30

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    Re: EBay Sales Tax????

    Quote Originally Posted by Alan Klein View Post
    Just to be clear. Sellers, if they're not in business and not making large shipments to the states in question over the year, are not required to collect sales tax. Companies must apply to each state to get a license to collect sales tax for each state. It is illegal to "charge" sales tax if you don't have authorization from the state the buyer lives in. There's no way to forward the money to that state since you're not licensed to collect the tax. The buyers are supposed to pay sales tax called a use tax in their states for purchases they make where sales taxes were not collected at the time of sales.

    EBay because it's a huge intermediary doing "sales" in all states in the millions, has been required to collect sales tax in all these cases now. Same for companies like B&H Photo, Adorama, etc.. The sales tax money collected is forwarded to each of the states at the % rate required by the state.
    My reply was specifically about eBay sales. If a company or individual only sells on eBay, they are not required to apply for any licenses for sales tax collection.

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