Ebay scamming me final value fee on the taxes they stole
Summary: leaky-bucket-labs expressed frustration with eBay, claiming they were charged unfair taxes and fees after selling an item. nguyen.dph criticized eBay's approach to taxing private sales, arguing that personal transactions shouldn't be taxed if they don't generate profit. mrdutch1001 responded by explaining Canadian taxation laws and marketplace facilitator requirements, emphasizing that taxes apply to all transactions on such platforms. snoopwiz suggested considering the sale as income but using any loss to benefit tax calculations. Meanwhile, dobo5250 mentioned experiencing higher costs in their sales, suggesting that leaky-bucket-labs should consider their situation favorable, with marnotom! reminding that the original post was made almost two years ago when certain fees might not have applied.
I sold an item for 175 and they scammed an extra 25$ from the buyers and they are taking final value fee on the tax they stole then charging me tax on top of that. talk about double jeopardy and just ripping people off!!
dobo5250
·2 years agoyou have very little to whine about that sale i think you got good valve for what you sold most of my sales are in the 26% and up not including promo fees value of item 26 % 30 with promo pushed in going to ebay so your sale seems like a steal to me
marnotom!
·2 years agoKeep in mind that the OP posted almost two years ago. I don't believe promoted listings were a thing then.
nguyen.dph
·2 years ago@mrdutch1001 typical ebay bootlicker response.
Listen. If I as a private individual buy something for 100 and sell it used for 60 dollars later. That is NOT INCOME. So why should I have to pay taxes on something that is NOT income?
Whatever mental gymnastics you do to justify it, putting taxes on occasional, non-business activities, where the seller is not making a profit but rather recouping a portion of the original purchase price is unjust.
It's super simple and the law is being interpreted in a way that does not work to protect private sellers, or buyers at all.
mrdutch1001
·2 years agosome folks simply don't understand Canadian taxation laws/Marketplace facillitator requirements for collecting taxes.
And No it doesn't matter whether you are an individual or a business...taxation is what it is and IF you choose to list (as a seller) and/or purchase items(as a buyer) on Marketplace facillitator sites like eBay, those taxation requirements apply. That's the LAW!
However, the choice is there, the choice is YOURS...continue to sell/buy on these sites and pay the required taxes or list/sell/purchase items LOCALLY where the taxation isn't applied.
snoopwiz
·2 years agoListen. If I as a private individual buy something for 100 and sell it used for 60 dollars later. That is NOT INCOME. So why should I have to pay taxes on something that is NOT income?
I believe that the $60 is in fact income and should be declared as such. BUT, when it comes time to do your yearly taxes, the $40 loss you endured on the sale should be able to be used in your favour, tax wise.
Very few, if any "bootlickers" in here. Just a lot of eBay sellers with many many years of experience who volunteer their own time in helping other sellers whenever possible. Peace.