eBay Sales Tax - 13 More States to be Added July 1
Desert_Ice_Sports
Posts: 285 ✭✭✭
FYI - The following states will be subject to internet sales tax beginning July 1.
Alabama
Arkansas
Indiana
Kentucky
New Mexico
Oklahoma
Pennsylvania
Rhode Island
South Dakota
Virginia
West Virginia
Wyoming
Vermont
If you have items shipped to any of these states, you'll be charged state sales tax for anything bought online starting July 1.
Please don't shoot the messenger.
DesertIceSports.Com
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the buyer will be charged the sales tax if they live in any one of these 13 states. I am happy with what I already have. the margins are too thin on coins to take on these new taxes. if the states put the money to good use it would be different, but they don't
I have already noticed a major decrease in my purchases on eBay due to recent N.Y. tax. I am sure it will hurt my selling on eBay for the same reasons.
Both red and blue States. I guess both sides love raising taxes. Ugh.
IT CAN'T BE A TRUE PLAYOFF UNLESS THE BIG TEN CHAMPIONS ARE INCLUDED
North Carolina isn't on the list. Phewwww!
California already passed a law on this. Last time i read it, if I read it correctly, it takes effect October 1.> @pab1969 said:
It sure as yell ain't gonna help. 😒
I have heard that ebay slaps the tax on there but that it is up to the seller to remit the taxes to the state. Is that correct? If so, I can envision some ebay sellers getting an extra 5-10% on each sale and then not remitting to the state tax commissions. I would guess that ebay will send information to those states on which sellers have collected what amounts of tax?
kevin
No... eBay collects the tax and remits it to the states... Sellers are not involved at all.
DesertIceSports.Com
I lost out on a sale twice because the buyer was being charged sales tax. They asked me if I could lower the price to make up for the sales tax, but I did not and lost the sales. I might have to increase prices slightly to allow me to lower the price when a buyer from a sales-tax state asks me to lower the price.
1st Napster and now this.
ISO 1978 Topps Baseball in NM-MT High Grade Raw 3, 100, 103, 302, 347, 376, 416, 466, 481, 487, 509, 534, 540, 554, 579, 580, 622, 642, 673, 724__________________________________________________________________________________________________________________________________ISO 1978 O-Pee-Chee in NM-MT High Grade Raw12, 21, 29, 38, 49, 65, 69, 73, 74, 81, 95, 100, 104, 110, 115, 122, 132, 133, 135, 140, 142, 151, 153, 155, 160, 161, 167, 168, 172, 179, 181, 196, 200, 204, 210, 224, 231, 240
if the price of the coin isn't below gray sheet, I don't see a person in a tax state buying, I also see the majority of the states having this law in the next 18 months
Thanks for the clarification!
So I guess I'm confused . . . even without this being enforced, aren't you obligated to pay "use tax" on your annual state income tax returns?
Being from NY and the sales tax in effect since 6/1
I paid $151.00 in sales tax for a purchase last night.
My ebay buying is going to drop to near zero.
1948-76 Topps FB Sets
FB & BB HOF Player sets
1948-1993 NY Yankee Team Sets
Wait till August 1, lol..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
No, the tax payments are completely separate payments and paid direct to eBay who remits all taxes on sellers behalf.
When you pay, you will see two separate payments in PayPal, one for item with shipping and one for sales tax.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Glad I am selling/buying from NH
I am thinking there will be increased usage of the Buy, Sell, Trade boards here on CU.
FYI again... Here's the rest of the list for 2019.
I'm guessing that every state that has a sales tax will be on the list by the end of 2020.
Tax going into effect October 1, 2019...
DesertIceSports.Com
Every State?
Every state that has a sales tax... that seems to be where it's headed.
DesertIceSports.Com
For those in states where the online tax is already in place, is 4SC collecting it? Sirius?
To expand on this...
When you complete a purchase using PayPal, you'll actually see two transactions - one to the seller for the item, another to eBay for the tax.
I think this will have a significant impact on our hobby. Things may adjust but the difference in sales tax is going to kill small time sellers in high sales taxes states.
This will increase the popularity of card shows, where cash is king!
For some states this isn't a big deal. For us in CA or NY, it's a huge deal. I looked at my recent purchases and adding 10% to them would make me want to cancel the shopping cart.
I would be happy if this caused more shows to happen in SoCal.
Yes, but few did. Back when I lived in a state that collected sales/use tax, the first time I used H&R Block tax software, it defaulted to $0. Actually, in that state if you bought something while you traveled to another state with lower sales tax you were required to remit the difference as use tax. Not sure how widespread that is, but sure that use tax compliance was far below 5%.
It doesn't matter what state the seller is in, only what state the buyer is in.
DesertIceSports.Com
this
I can also see "off ebay" sales becoming more popular as well since it would save the seller fees and buyer taxes at the same time
hate to see California getting taxed October 1st, i ship about 20 percent of my orders there
I receive 100% of my orders here....
Kris
My 1971 Topps adventure - Davis Men in Black
ebay seller should make their own website and allow buyers to easier to locate them outside of ebay.
I like what desert ice is doing and enjoy his new inventory email
Already stopped using eBay almost 100%. Been buying and selling much more on multiple different forums such as this and locally. I can see forum sites having much more action on the bst sections.
PSA HOF Baseball Postwar Rookies Set Registry- (Currently 80.51% Complete)
PSA Pro Football HOF Rookie Players Set Registry- (Currently 19.80% Complete)
PSA Basketball HOF Players Rookies Set Registry- (Currently 6.02% Complete)