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  2. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    Advertised and posted prices generally exclude taxes, which are calculated at the time of payment; common exceptions are motor fuels, the posted prices for which include sales and excise taxes, and items in vending machines as well as alcohol in monopoly stores. Basic groceries, prescription drugs, inward/outbound transportation and medical ...

  3. PayPal, eBay hassling customers to report sales amid IRS ...

    www.aol.com/finance/ticketmaster-paypal-ebay...

    Ebay confirmed to The Hill that it has “taken steps to comply with the new IRS 1099-K reporting requirements, including collecting social security numbers from customers when they pass the $600 ...

  4. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    The tax is otherwise charged on each item sold to purchasers without such a certificate and who are under the jurisdiction of the taxing authority. [1] [2] Other types of sales taxes, or similar taxes: Manufacturers' sales tax, a tax on sales of tangible personal property by manufacturers and producers

  5. Tax-free shopping - Wikipedia

    en.wikipedia.org/wiki/Tax-free_shopping

    Often in Europe, the ticket price includes VAT, this is less often the case in the US. As an example, if the VAT rate on a product is 20% and the ticket price is displayed as €100, including VAT, the VAT will be €16.67 (83.33 + 20% VAT = €100.).A handling fee may be charged by and can vary between service providers.

  6. Effect of taxes and subsidies on price - Wikipedia

    en.wikipedia.org/wiki/Effect_of_taxes_and...

    The tax raises the price which the customers pay for the good (unless the absorb the whole tax cost) and lowers the price the producers are effectively selling the good for unless they pass on the whole tax cost. The difference between the two prices remains the same no matter who bears most of the burden of the tax.

  7. Meta said Wednesday that it will allow some Facebook users to view eBay listings on its Marketplace service, as it tries out a possible way to resolve European Union charges of anticompetitive ...

  8. Taxation of digital goods - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_digital_goods

    If a business makes sales of physical goods to a member state that exceeds that member states distance selling threshold (typically either €30,000 or €100,000), then it must register to pay VAT in that member state and collect VAT at that member state's VAT rate. If sales are below the distance selling threshold, VAT must be collected at ...

  9. Online marketplace eBay to drop American Express ... - AOL

    www.aol.com/news/online-marketplace-ebay-drop...

    Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to ...