Quote:
Originally Posted by sb1
Incorrect information.
Several states are enacting sales tax changes, but it does not affect all businesses(AH's included) as there are dollar and transaction amounts that must be met.
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I'm curious about this. How do you know if you'll hit that threshold? Am I supposed to be collecting sales taxes from ebay customers in Texas and if so what do I do with that money if I don't hit the threshold? Do I have to keep records of everyone who paid and then refund them? Do I just pay the money to Texas even though I didn't hit the threshold? This new law is going to absolutely lead to less business being conducted on the internet. Not necessarily because people in Nebraska don't want to pay taxes to Texas, but it's really going to suck for sellers and they may find it not worth doing business online anymore.