Watch out eBay entrepreneurs: online sales taxable.

[soundwaveCA]

Originally Posted by QuadESL63

They are probably after those "Power Sellers" type and companies that use eBay as a storefront

Pretty much, wont effect individual sellers that much, they will only go after sellers who are selling in any sort of volume, mostly business.

[Pascal]

It will only affect people running e-businesses, not Average Joes selling their used stuff.

[onecoin]

Originally Posted by Jefro

Secondly, items would be taxed multiple times no? I buy a transformer at the store, I pay taxes. I then sell it privately on ebay for the same price yet they would expect taxes on it again ?

If you pay taxes on something you sell and charge tax for, you only declare the difference.