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Old 06-06-2013, 09:21 AM
thedutymon thedutymon is offline
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Join Date: Jul 2011
Posts: 42
Default More likely Sales Tax collecting Info !

Morning,

I've hit the 200 transaction and $20K limit with Paypal since it started 3 years ago. I don't see how what you spend has anything to do with Sales other than what YOU DO when you fill out your taxes at the end of the year and do your Business P & L write-offs. Paypal is not going to track that for you as NO vendor would. Unless they are going to report something for Sales Tax purposes.

I've spent about 10K on E-Bay since Jan 1st and this is the first I've heard of this. In MHO this is a test of some sort to start tracking what you are buying to have a record of the Sales Tax you are currently Not Paying, but Congress and Big Retailers want you to pay both On and Off-line!

Just my 2 cents.

Neil
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