02-26-2023 01:05 AM
It's been a few months now that everything has taxes. But i still don't understand that:
Why do my buyers getting charged taxes if i'm selling under $30k/year?
Since sellers under $30k/year leagally are not supposed to collect and provide taxes, does eBay even declare it, or just pocket it? Or the gouvernement? Is this even legal in the buyer shoes to be charged taxes from a seller selling under $30k/year?
This is probably millions and millions dollars of taxes charged that legally should not be charged. Not even counting the millions of dollars eBay will pocket on the extra fees to sellers on those taxes too. It would be good to know.
Are we gonna have access to taxes datas eBay collected and provided at the end of the year?
02-26-2023 01:53 AM
Your buyers are being charged taxes because the government mandated it for all online marketplaces that handle payments (and the ones that don't currently like Marketplace will probably be forced to sooner rather than later). It's been this way in most other countries for a few years now. Our government was just a little slower to implement it. It would be illegal for eBay to NOT charge it.
People selling under 30K can still sign up to collect and remit taxes. You are legally required to register if you sell over 30K, but there are advantages to doing so before that time. You could register and legally be required to collect taxes even on a single $1 sale a year.
eBay DOES NOT pocket the tax money. That is illegal. Very, very illegal. Big companies are audited almost continuously. They would not get away with doing that.
You can see the collected tax in one of your seller downloadable reports (I can't remember which one). I don't THINK you need the information for anything though unless it's to verify eBay fees or something (or are just curious).
02-26-2023 08:52 AM
If you were selling privately from your own website you could do things differently but it is eBay charging the taxes across the board (as flipistics has explained after government mandated it) and think about their total sales numbers which would be massive! Although our buyers may choose to buy from you or me or any of us individually it is from eBay's site here. If someone buys something from you and a friend asked where they got it they would say I got it on eBay.
02-26-2023 09:16 PM
Since sellers under $30k/year leagally are not supposed to collect and provide taxes,
While sellers who do not sell $30K annually are not REQUIRED to collect and remit taxes, they are certainly allowed to do so.
For example, a new business would register, even though they had no prior income, in the hope that by the end of the year (or preferably the month!) they would meet the minimum.
And as others have said, you are not being charged a fee on taxes collected, you are being charged a fee for processing the customer's payment, which includes taxes that go from the buyer, through your selling account, to eBay and to the applicable government.
Some find it easier to think of the fee as a service charge for knowing which taxes are to be paid and how much that tax should be. Do you know how much sales tax is in Oregon? In Idaho? In Norway? In Nunavut?
02-27-2023 09:37 AM
The government shaking down lemonaid stands to squeeze every penny out us as possible. Pathetic
02-27-2023 10:51 AM
...no the Goverment collecting $$$ to pay for your FREE
Social Assistance, the Canada Child Tax Benefit, Old Age Security and the Guaranteed Income Supplement, Employment Insurance, the Canada and Quebec Pension Plan, Workers' Compensation, public education, medicare, social housing and social services.
You do get this stuff...
That is what TAX is for...
02-27-2023 06:20 PM
@joels-retrocade wrote:The government shaking down lemonaid stands to squeeze every penny out us as possible. Pathetic
You seriously think eBay is equivalent to a lemonade stand?
02-27-2023 07:28 PM
02-27-2023 08:51 PM
...no the Goverment collecting $$$ to pay for your FREE
Also pay all the deputees salaries and the filet mignon they eat everydays
02-28-2023 03:23 PM
Lol Har Har
02-28-2023 04:29 PM - edited 02-28-2023 04:31 PM
You still don't understand that using eBay means you are not selling yourself your own stuff from your own backyard?
You are using a company to sell your stuff, hence the taxation process. Is that simple enough for you for explanation?
Buyers are paying taxes because YOU decided to use eBay instead of selling only by yourself.
03-01-2023 01:28 AM
You are very randomly hostile
03-01-2023 07:48 AM
@joels-retrocade you do realize that your "potential" Buyers can see your unprofessional posts and childish behaviour...
03-01-2023 08:56 AM - edited 03-01-2023 08:58 AM
Coming from a dude that sells buttons lol. Keep at it buddy maybe you'll make a profit after you've sold a thousand of them. Nobody looks at these board besides sellers and buyers that I don't want. That's fine with me; they can buy somewhere else.
03-01-2023 09:27 AM
If understanding basic taxation and pointing out that you continue to rant for nothing here is hostililty, then so be it.
03-01-2023 10:28 AM
My Seller fees are only 15.4% of my total sales so far this year...
Over 95% of my sales are Collectables, and the buttons are less than 2% but they are still very profitable, as are Neolithic Arrow points and Tools, but then again you only looked at the stuff that "suits" your talking points instead of the whole picture...
03-01-2023 08:30 PM
This is the community boards, community boards are there to find help and open discussions. I asked legit questions. If you think some questions or threads are not legit, this is your thing. You're not forced to post, you can pass. I guess not everyone has a superior knowledge as you have. If you don't understand basics about community boards, don't post, no one needs your hostility, thanks
This is getting so cringe and out of control in here recently. Threads always gets polluted. Community boards used to be a friendly and enjoyable place to post, this is not the case anymore. Some users should get kick out
03-02-2023 09:37 AM
Many here have taken the time to explain the taxation situation in length, but some people just don't want to hear it because they feel and act as libertarians. That's also the community, I guess...
If I say 2+2=4, but some people say it's 5 and push their agenda over and over, I'm not the one causing trouble here.
03-02-2023 11:39 AM
This topic has been locked at the request of the Original Poster.
Thanks to everyone for participating.