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#1
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What the Tax????!!!!!
I know this topic has been covered in different ways before, but this seems like a brand new development. In looking around to try to find cards to spend my ebay bucks on in a couple of days, I decided to start piling things into my cart to see which would have taxes added to the total. Well, in short, it didn't matter what state the item came from, I was getting hammered with taxes right across the board. I didn't put cards from all 50 states into my cart, but every single state I looked at (perhaps 10 different?) had taxes added on. I know the usual people will jump in to chime, "You are always supposed to pay a use tax!" (or whatever), but what I want to know is did ebay start adding taxes to all purchases??? I bought 4 or 5 things this past week and none had taxes attached. It is now October first, so am I right to assume that has something to do with it??? God, that new fee will basically wipe out the entirety of my ebay bucks, so I won't be getting a bargain in any way, shape or form. Ugh.
__________________
All the cool kids love my YouTube Channel:
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#2
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Fee-bay is no longer the wild west anymore. The money grab for Massachusetts started today - I won a card for $660 last night on ebay and had a nice $42 sales tax addition!!!
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Always buying Babe Ruth Cards!!! |
#3
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Sellers, at least on the very small level I do from time to time have the option to choice not to collect tax. I am not sure what the ramifications are to that if any though.
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#4
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I think almost all states have now updated their laws to take advantage of last year's South Dakota v Wayfair decision allowing them to apply sales taxes to catalog and on line out of state retailers and sellers. Texas passed the legislation effective 10-1 this year. I think I read that of the states with sales taxes only Florida and Missouri have not updated their laws. So I assume sales taxes will now apply to almost all eBay purchases. Others may have better info.
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#5
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It depends on the state *YOU* live in, not which state the seller is in. So if your state recently became a use-tax collecting state, you're paying the tax, no matter where the seller is. Why do you think Brent spent so much money to build vaults in a state with no sales tax?
__________________
-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. |
#6
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I got an email from ebay today. They are up to 34 states that they are collecting taxes for.
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#7
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Blame the Supreme Court. We, as internet buyers knew it was only a matter of time..
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#8
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Fortunately eBay is addressing the concern of their bidders.
Going forward the eBay Bucks program will be discontinued, but it is being replaced by their new eBay Tax Bucks program.
__________________
FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER. GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES 274/1000 Monster Number Nearly*1000* successful B/S/T transactions completed from 2012 to 2024. Over 680 sales with satisfied Board members served. If you want fries with your order, just speak up. Thank you all. Now nearly PQ. |
#9
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Yup - just another reason to use the BST and unlawfully dodge taxes. I am one of those people to which you refer. However, please feel free to rant and rail against those who defraud by trimming / altering cards and stealing from the "collector".
Last edited by wondo; 10-01-2019 at 07:05 PM. |
#10
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Quote:
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#11
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I had not expected Massachusetts to start today. It wasn't on the list, or maybe I missed it? Damn. I need a Vault account now.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 10-01-2019 at 07:19 PM. |
#12
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I believe you can set it up online 24/7.
__________________
FRANK:BUR:KETT - RAUCOUS SPORTS CARD FORUM MEMBER AND MONSTER NUMBER FATHER. GOOD FOR THE HOBBY AND THE FORUM WITH A VAULT IN AN UNDISCLOSED LOCATION FILLED WITH NON-FUNGIBLES 274/1000 Monster Number Nearly*1000* successful B/S/T transactions completed from 2012 to 2024. Over 680 sales with satisfied Board members served. If you want fries with your order, just speak up. Thank you all. Now nearly PQ. |
#13
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And now, I can have my cards ingested.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#14
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Here in MD, the law addresses "marketplace facilitators" (e.g., eBay, Etsy), allowing them to collect and remit the sales tax on behalf of the seller. Bill |
#15
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tax
Yea, its annoying. but I guess it is what it is nowadays
reminds me of years back...buying a card at a show....and there was always one dealer who would hit you with...." and a dollar fifty more for Uncle Sam please ! " |
#16
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Here's the eMail that ebay sent out today. You would think that they would send it our prior to the day they started collecting the tax.
As you may be aware, 11 new states have adopted Internet Sales Tax policies as of October 1, bringing the total to 34 states that now require the collection of sales tax. As the impact of this tax law becomes more apparent, PayPal and eBay are making changes that will make Internet Sales Tax collection less complex for buyers and for you. Starting in November 2019, the way taxable transactions are processed and how taxes are collected for remittance will change, as follows: • In states where eBay is required to collect Internet Sales Tax from buyers, order totals sent for processing will reflect the gross order amount inclusive of tax. • Once settled, the tax amount will be automatically deducted for remittance to the applicable taxing authority. • A record of the sales tax portion of the order will be available on the Seller Hub Order details page and through our Download order report. Please note the applicable tax will continue to be paid by the buyer and you do not need to take any action. We understand that the holiday selling season is nearly upon us and we are working to make this transition as smooth as possible. Learn more about Internet Sales Tax in the eBay Seller Center. If you have questions about how Internet Sales Tax may affect you, we recommend consulting with your tax advisor, or our partners Avalara and TaxJar. As always, thank you for selling on eBay. Sincerely, eBay Team |
#17
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State Effective Date Additional Information Alabama July 1, 2019 Alabama The State of Alabama has a program for simplified sellers use tax (SSUT) under Statute § 40-23-192. eBay has collected simplified sellers use tax on taxable transactions delivered into Alabama and the tax of flat eight percent (8%) will be remitted on the customer's behalf to the Alabama Department of Revenue. eBay Inc. – SSUT Account Number: SSU-R010250382 Arizona October 1, 2019 Arizona Arkansas July 1, 2019 Arkansas California October 1, 2019 Please contact the Department of Tax and Fee Administration for further information. In addition to the sales tax collect and remit requirement, eBay is required by California Department of Tax and Fee Administration (CDTFA), to collect and remit the Electronic Waste Recycling (eWaste) Fee. The eWaste Fee is a fee imposed on the retail sale or lease of certain electronic products that have been identified by the Department of Toxic Substances Control (DTSC). Additional information on the eWaste fee can be found on CDTFA's website. Please note, the fee will be included with the applicable taxes. Colorado October 1, 2019 Colorado Connecticut April 1, 2019 Connecticut eBay Inc. is registered with DRS to collect Connecticut sales tax and will collect sales tax on all taxable Connecticut sales facilitated on our site. District of Columbia May 1, 2019 District of Columbia Hawaii January 1, 2020 Please contact the Hawaii Department of Taxation for further information. Idaho June 1, 2019 Idaho Illinois January 1, 2020 Illinois Indiana July 1, 2019 Please contact the Department of Revenue for further information. Iowa February 1, 2019 Iowa Kentucky July 1, 2019 Kentucky Maine October 1, 2019 Please contact the Maine Revenue Services for further information. Maryland October 1, 2019 Please contact the Comptroller of Maryland for further information. Massachusetts October 1, 2019 Please contact the Massachusetts for further information. Minnesota January 1, 2019 Minnesota Small business exemption - Minnesota has enacted a small business exemption for out of state unregistered sellers whose taxable retail sales into Minnesota are less than $10,000 in the previous 12-month period. These sellers are not subject to the Minnesota marketplace tax laws, and eBay will not be collecting sales tax on these transactions. Nebraska May 1, 2019 Nebraska Nevada October 1, 2019 Please contact the Nevada Department of Taxation for further information. New Jersey May 1, 2019 New Jersey New Mexico July 1, 2019 Please contact the Taxation and Revenue Department for further information. New York June 1, 2019 New York eBay Inc. is a registered New York State sales tax vendor and will collect sales tax on all taxable sales of tangible personal property that it facilitates for delivery to a New York State address. North Dakota October 1, 2019 Please contact the Office of State Tax Commissioner for further information. Ohio September 1, 2019 Please contact the Ohio Department of Taxation for further information. Oklahoma July 1, 2019 Oklahoma Pennsylvania July 1, 2019 Pennsylvania Rhode Island July 1, 2019 Rhode Island South Carolina October 1, 2019 South Carolina South Dakota July 1, 2019 South Dakota Texas October 1, 2019 Please contact the Texas Comptroller of Public Accounts for further information. Utah October 1, 2019 Please contact the State Tax Commission for further information. Vermont July 1, 2019 Vermont Virginia July 1, 2019 Virginia Washington January 1, 2019 Washington West Virginia July 1, 2019 West Virginia Wisconsin January 1, 2020 Wisconsin Wyoming July 1, 2019 Wyoming |
#18
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It’s good to be an Oregonian. I will be offering my own vault transfer service should you need a middleman
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#19
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On a serious note. This should be a reminder that Net54 has a strong network of collectors who can do business together. Recruit the masses and leave eBay..
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#20
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As always, thank you for selling on eBay.
Sincerely, eBay Team
__________________
Lonnie Nagel T206 : 174/520 : 33.5% |
#21
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Tax affects Canadian sellers too...
I was surprised to find out yesterday that items I am selling from Canada into the U.S. have sales tax applied as well depending on the state.
I read the fine print and eBay states that it doesn't matter where in the world that the item is coming from, it matters what state it is being sold into. The tax shows on my invoice but I will not receive it, eBay or Paypal will deduct it from my payment and send to the appropriate state. |
#22
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__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#23
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Misplaced blame. Talk to your CT reps. They are the ones taxing you. Not the SC.
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#24
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You can't blame eBay. They are just collecting the tax and passing it on to the local tax collectors.
Eventually, you will be paying taxes on all of your online purchases. Amazon is already collecting. It's just a matter of time until the IRS comes down on the AH's and they will also be collecting from the buyer. Just like death, shillers and card doctors, you can't avoid it. |
#25
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Blame may be the wrong word. but the SC did sort of change their minds on the issue and it was that decision that left the states free to pursue these taxes
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#26
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Not to beat a dead horse, but wasn't the taxes on these cards already paid when they were manufactured in 1962 or whatever? So basically, every time an item is sold, it will be taxed, no matter how many times it's sold?
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#27
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I'm pretty sure we all could list a hundred different reasons why this is bad. However, something positive will come out of this as well: first of all, we have all become like robots. Click-click-click - send message - click - send offer - click accept - click-click-click print shipping label. Some folks are too afraid to speak with me over the phone! People have become so comfortable in their own quiet digital world. Now this whole thing is going to make people get off their butts and pick up that phone. There will also be more coffee shop meetings, lunch meetings, and more transactions will be taking place in card shows. And finally, the BST board here (and all the other forums) will get better.
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#28
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Who will ultimately pay for it is an open question. Will collectors just fork over more, or will they pay less calculating it as part of the final price like a buyer's premium? I certainly know dealers who worry it will suppress prices.
I just got an email from a merchant essentially saying they will make the customer whole for the tax. Of course, they may surreptitiously raise prices to offset their loss. Dear Customer, Everybody likes to save money! I am excited to share B&H’s new way to save you money. Last year, the Supreme Court ruled that out-of-state retailers must collect sales tax on online sales. As a result, on October 4th, B&H will start collecting tax on shipments to Massachusetts, as required by state law. We have been working hard to develop a solution to eliminate the impact of this ruling on our customers. Our solution is named Payboo! When you use the new B&H Payboo Credit Card*, you can save the equivalent of the tax — you pay the tax, and we pay you back instantly! Make any purchase at B&H with Payboo, and you will receive an instant reward equal to the sales tax you paid. And at B&H, instant means instant — no expiring points, credits, or coupons to worry about. It’s that simple. (B&H collects and remits state sales tax in accordance with state laws, so all required tax is collected and paid, and B&H issues the instant savings credit to you.) Payboo is an exciting store credit card with, we believe, the most valuable benefit in the industry — the instant credit equal to the sales tax. As long as you pay your bill on time, you will not incur any interest or other costs. I invite you to apply today at www.BandH.com/payboo. I know you have many choices where to buy creative tech gear, and I truly appreciate your business. With Payboo, I believe B&H will become an even clearer choice for all your technology needs. I look forward to a continued great business relationship. Please remember, at B&H the customer always comes first. That’s why we’ve created Payboo to eliminate the impact of sales tax for you. Please visit us today and start saving! Thank you,
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. Last edited by Peter_Spaeth; 10-02-2019 at 10:19 AM. |
#29
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And why do you think a merchant would be willing to offer you such a tax reimbursement incentive attached to a credit card? I think we both know the answer has something to do with spending more and not paying the account in full right away.
__________________
Current Wantlist: E92 Nadja - Bescher, Bridwell, Cobb, Donovan, Doolan, Doyle (with bat), Lobert, Mathewson, Miller (fielding), Tinker, Wagner (throwing), Zimmerman E/T Young Backrun - Need E90-1, T216 (all versions) E92 Red Crofts - Anyone especially Barry, Shean, and Evers |
#30
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Correct. The Supreme Court did make the decision, which had been debated for some time. The public was caught up in daily politics drama news and missed this important ruling news.
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#31
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#32
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Is it legal for eBay to tax shipping fees? I thought services couldn't be taxed.
James |
#33
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Quote:
.
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Leon Luckey Last edited by Leon; 10-03-2019 at 07:42 AM. |
#34
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Might as well. The taxes basically negate any savings bonus from eBay Bucks offers.
__________________
Need a spreadsheet to help track your set, player run, or collection? Check out Sheets4Collectors on Etsy. https://www.etsy.com/shop/Sheets4Collectors - Hall of Famers Progress: 318/340 (93.53%) - Grover Hartley PC Needs: T207 Anonymous Factory 25 Back, 1914 New York Evening Sun Supplements, 1917 D328 Weil Baking Co., and (possibly) 1917 Merchant's Bakery - Jim Thome PC - Cleveland Indians Franchise Hall of Fame |
#35
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and would have paid more but they had to account for 10% tax charge to their purchase. So for those it looks like, I paid for it!
__________________
Successful Transactions with Neal, RGold, Peter_Spaeth, jcc6252, Brian_Dwyer, Jay_Wolt, Clydewally, bauce, Prince_Hal, ncinin, gonzo, PiratesWS1979, ZiggerZagger, Anthony + Al |
#36
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Looks like 49 more Vaults need to be built for ingestion...
__________________
Successful B/S/T deals with asoriano, obcbobd, x2dRich2000, eyecollectvintage, RepublicaninMass, Kwikford, Oneofthree67, jfkheat, scottglevy, whitehse, GoldenAge50s, Peter Spaeth, Northviewcats, megalimey, BenitoMcNamara, Edwolf1963, mightyq, sidepocket, darwinbulldog, jasonc, jessejames, sb1, rjackson44, bobbyw8469, quinnsryche, Carter08, philliesfan and ALBB, Buythatcard and JimmyC so far. |
#37
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indigestion...
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... |
#38
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#39
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James |
#40
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Just received this email in Canada regarding this.
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#41
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both buyers thought I was charging them, had to explain to them that's it's eBay collecting and they're doing it for everyone. I don't think there's any debate that this is ultimately bad for collectibles and will result in lower prices. or at least in the environment of the last couple years, it will slow the increases dramatically. |
#42
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Good; it's time for a market correction.
__________________
-- PWCC: The Fish Stinks From the Head PSA: Regularly Get Cheated BGS: Can't detect trimming on modern SGC: Closed auto authentication business JSA: Approved same T206 Autos before SGC Oh, what a difference a year makes. |
#43
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Boots on the Ground Card Shows might start to Heat Up Again !
Last edited by Johnny630; 10-06-2019 at 09:18 AM. |
#44
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Personally living in PA, I take the 6% into account when I buy on eBay the same way that I took the 20% or whatever into account when I bought from an auction house. I am fortunate to have a full year of great shows near me (White Plains and Philly) and generally buy at those shows, or from the BST (I am always broke for a month after a show anyway!). If anything, the eBay sales tax collection should make shows even better for dealers.
__________________
J0 .hn De .B@l$0 On a mission to finish the Monster |
#45
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B.s.t never an issue
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#46
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Card shows
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I also pay Federal and State taxes on my net profit at the end of the year, along with around 15% for Medicare and Social Security. When I purchase a collection I have to get if for a really low price in order to make a profit. Most of my fellow dealers don't have a permit and they don't pay taxes on their sales. That is why most dealers don't accept debit or credit cards, or PayPal or checks. They deal in cash so they can avoid taxes. It is hard for me to believe that paying sales tax on a purchases is a big hardship for most buyers, and I wouldn't let 5% stop me from buying something for my collection. The people who are cancelling purchases because of the sales tax are flippers, and the 5% eats into their profit. Rick
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Rick McQuillan T213-2 139 down 46 to go. |
#47
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I hope shows become the new thing again....that will be cool! Lower prices on vintage have already started. Last edited by Johnny630; 10-06-2019 at 09:25 AM. |
#48
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Sales tax is 9.25 out here. I am not a dealer or even much of a card flipper, but when you factor it in along with say 10% ebay fees and 3% for PayPal, or 16-20% for an auction house it makes a difference.
It's hard to find a card you can buy for 70-75% of it's current market value to quickly turn around and sell for a profit. At least for me. And then if I do I would probably just break even trying to sell it. Not worth the hassle.
__________________
Successful transactions with peter spaeth, don's cards, vwtdi, wolf441, 111gecko, Clydewally, Jim, SPMIDD, MattyC, jmb, botn, E107collector, begsu1013, and a few others. |
#49
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Very well said, Rick. I sense that your level of personal integrity is much higher than that of most people.
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Seeking very scarce/rare cards for my Sam Rice master collection, e.g., E210 York Caramel Type 2 (upgrade), 1931 W502, W504 (upgrade), W572 sepia, W573, W575-1 E. S. Rice version, 1922 Haffner's Bread, 1922 Keating Candy, 1922 Witmor Candy Type 2 (vertical back), 1926 Sports Co. of Am. with ad & blank backs. Also T216 Kotton "NGO" card of Hugh Jennings. Also 1917 Merchants Bakery & Weil Baking cards of WaJo. |
#50
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+1 Free and no hassles. Please be careful though as it is always caveat emptor.
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Leon Luckey |
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