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If you got paid for selling event tickets in 2024, then that income will have to be reported on your 2024 tax return next year, even if the sales took place in 2023.
Online ticket brokering is the resale of tickets through a web-based ticket brokering service. Prices on ticket brokering websites are determined by demand, availability, and the ticket reseller. Tickets sold through an online ticket brokering service may or may not be authorized by the official seller.
They get a piece of the 25% in commissions StubHub earns on either end of a season ticket buy and sell transaction. Ticketmaster filed a lawsuit against StubHub and eBay in 2007, alleging "intentional interference" with Ticketmaster's contractual rights. [100] In 2012, StubHub renewed deals with Major League Baseball Advanced Media.
Tickets sold through an online ticket brokering service may or may not be authorized by the official seller. Generally, the majority of trading on ticket brokering websites concerns itself with tickets to live entertainment events whereby the primary officially licensed seller's supply has been exhausted and the event has been declared "sold-out".
Think back to last year: maybe you bought an expensive concert ticket and resold it after not being able to attend or sold a few pieces of custom products you made in your backyard. Above all, do ...
The CMA has estimated the value of tickets sold in 2019 through secondary ticketing platforms to be about £350m, with around 1.9 million tickets sold on these platforms – around 5 per cent to 6 ...
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