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  2. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    If someone sells goods on eBay or the internet and ships them to someone in the state they reside, then they must collect sales tax from the buyer and pay the collected tax to the state on a monthly or quarterly basis. If someone sells less than $4 million in annual sales, they do not have to collect or pay sales tax on out-of-state sales.

  3. Marketplace Fairness Act - Wikipedia

    en.wikipedia.org/wiki/Marketplace_Fairness_Act

    Illinois (1967) and Quill Corp. v. North Dakota (1992), retailers, including catalog and online sellers, only need to collect sales and use tax for states where they have a physical presence. [8] [9] If an online retailer does not collect sales tax at the time of purchase, the consumer must pay the use tax due directly to the state. While ...

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

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

    “The word ‘sold’ is in quotes because the transactions were actually charged sales tax by Ebay which counted towards the $600 (I didn’t receive any of that tax personally),” Chao wrote ...

  5. The IRS wants to know how much money you’re making ... - AOL

    www.aol.com/finance/irs-wants-know-much-money...

    This includes business sales on apps like Venmo or CashApp, or resale platforms like StubHub, Ticketmaster, Etsy, and eBay. This tax season, the form only applies to individuals with gross ...

  6. Main Street Fairness Act - Wikipedia

    en.wikipedia.org/wiki/Main_Street_Fairness_Act

    Specifically, the Main Street Fairness Act would have allowed state governments to require out-of-state retailers to collect and remit sales tax on purchases shipped to residents of those states. The Main Street Fairness Act was introduced by William Delahunt , a Democrat from Massachusetts , on June 30, 2010 and the bill expired at the end of ...

  7. eBay Announces Mandatory Collection of Social Security ...

    www.aol.com/finance/ebay-announces-mandatory...

    eBay announced on Dec. 20 that the online marketplace will be required to collect Social Security numbers -- or Individual Tax Identification numbers -- from all sellers who sell product (over the...

  8. Sales tax - Wikipedia

    en.wikipedia.org/wiki/Sales_tax

    Because the rate of a sales tax does not change based on a person's income or wealth, sales taxes are generally considered regressive. However, it has been suggested that any regressive effect of a sales tax could be mitigated, e.g., by excluding rent, or by exempting "necessary" items, such as food, clothing and medicines. [21]

  9. Here’s what happens to your sales tax - AOL

    www.aol.com/finance/2019-02-20-heres-what...

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