Any auctions out there that I can consign to by year end??

[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.

[Touch'EmAll]

Depending on the type/value of material you have, remember good 'ol eBay. The do it yourself route can be just fine.

[slidekellyslide]

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.

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.

[sb1]

Originally Posted by slidekellyslide

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.

I believe Ebay is going to do all of that tax work for the sellers and automatically calculate, collect and pay it. BUT I encourage you to inquire to them directly, as I am just going from what I read/hear. Until 2019 rolls around and it starts, no one may know for sure.

I can say with reasonable surety the bar will be high enough to preclude most small to medium sellers elsewhere in the E-commerce world. As an example I believe the South Dakota requirement is sales over $200k and that is in each state, AGAIN my understanding and may or may not be 100% accurate.