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Net54baseball.com Forums - View Single Post - Will sellers continue to sell on Ebay under the new EBAY MANAGED PAYMENTS??
Thread: Will sellers continue to sell on Ebay under the new EBAY MANAGED PAYMENTS??
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  #75  
Old 06-20-2020, 08:04 PM
D. Bergin's Avatar
D. Bergin D. Bergin is offline
Dave
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Join Date: May 2009
Location: CT
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Quote:
Originally Posted by hcv123 View Post
Sales tax is "collected" for the benefit of the taxing authority, not "charged" like a fee. Where did you see that they were going to do this?

Ebay will be "collecting" the sales tax for you, and then charging an 11.5% vig for the privilege of doing that for you.

Paypal charges 2.9% for the processing fee of collecting the Sales Tax right now.

Ebay has figured out a way to wrap the sales tax into the "Total Sale" (Price of item, Price of shipping, Price of Sales Tax), called it "simplifying the process", and charging a flat fee for everything, all inclusive.

It was bad enough when Ebay started charging us a final value fee on the shipping, when Paypal was the one doing the actual payment processing.

This is just an insult, and I doubt there's any other E-Commerce platform that figured out how to make such a windfall on Sales Tax, since the Supreme Court ruled on expanding on-line Sales Tax collection.
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