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  2. Online marketplace eBay to drop American Express, citing fees ...

    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 ...

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

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

    Effective Jan. 1, 2022, eBay sellers will receive a 1099-K if they sell at least $600 of goods through the e-commerce platform in 2022, with no minimum transaction level. ... Apple Pay. eBay ...

  4. Tax-free shopping - Wikipedia

    en.wikipedia.org/wiki/Tax-free_shopping

    Tax-free shopping (TFS) is the buying of goods in another country or state and obtaining a refund of the sales tax which has been collected by the retailer on those goods. [1] The sales tax may be variously described as a sales tax , goods and services tax (GST), value added tax (VAT), or consumption tax .

  5. eBay, Mercari, Etsy and Others Are Fighting IRS’ New $600 ...

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  6. Automated Payment Transaction tax - Wikipedia

    en.wikipedia.org/wiki/Automated_Payment...

    The ESSR is the tax rate charged to each individual. If the ESSR were 1%, then both parties to a transaction would pay the 1% tax. If a person were transferring money from one account to another, each account would pay a rate of 1%. For this transaction, the government would receive a combined rate of 2%. Dr.

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  8. Interchange fee - Wikipedia

    en.wikipedia.org/wiki/Interchange_fee

    These fees are set by the credit card networks, [1] and are the largest component of the various fees that most merchants pay for the privilege of accepting credit cards, representing 70% to 90% of these fees by some estimates, although larger merchants typically pay less as a percentage. Interchange fees have a complex pricing structure, which ...

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