This change was announced months ago....I have been collecting sales tax and remitting in my home state for years and all the while PP has been charging that same 2.9% on the sales tax that I collected. So, this is not a surprise. Obviously, with nearly 30 states now in play that have their sales tax collected via ebay, the cost of paying this fee has increased 25x (or more). However, based on my average transaction amount and the percent of transactions that I am now covering this extra 2.9% cost on, it will cost me on average of 3 cents additional per payment.
I raised my s/h cost by 5 cents.
I reason that this extra PP fee will cover cost of someone other than me having to handle the remitting all of these sales taxes collected to all of these different states/municipalities.
Last edited by savedfrommyspokes; 11-06-2019 at 10:11 AM.
|