What I read is that it is for merchants who exceed a million dollars a year.
So, if it is determined it is each seller that is responsible, it would only
apply to those doing greater than a million in sales (not many). If however it
is determined that it is ebay who is the "merchant," then they would have to
handle the tax collection and payment and it would simply be added to the final
auction and maybe plus shipping amount (depending on the state and what is
taxable). This is the most likely scenario. It is more complex than just what
tax rate to use as each state taxes different things. For example, some states
do not tax clothing, others do, and some others only if the item exceeds some
cost. As I mentioned in another message there are third party services which
keep track of all this already. For a site like ebay it is complex but not
daunting task to set that up.
I will spend my time worrying about how I am building my combo Rb and
Thunderbolt box. I have a TADD-1 amp in there, pulse stretchers to drive front
panel 1 PPS live indicators, a serial to IP adapter to give the box network
connectivity (mainly for the Thunderbolt but switchable to the FE-5680A). I
have a fan setup in an isolated section (it is built into a 2U rack box) for the
TB so LH can help with temperature, but I'm not sure if I should use a computer
to discipline the Rb or just set it close manually every so often. And which
should I feed into the TADD dist amp? The Rb? Initially I'm just putting a
switch in so I can select. I'd love to hear comments on this. I can post
photos of where I am at in the construction if anyone is interested.
Peter
On 4/23/2013 6:51 PM, Tom Knox wrote:
The eBay emails appear real since it can also be accessed on my actual eBay
site. I cannot imagine what a pain it would be to sell 20 items on eBay each to
a buyer in a different state and be required to file the paperwork to pay taxes
on each of those sales. This is a formula for disaster.
Thomas Knox
To: [email protected]
From: [email protected]
Date: Tue, 23 Apr 2013 16:04:58 -0400
Subject: Re: [time-nuts] S743 Marketplace Fariness Act
The ebay message re this law is probably legit. In any case
the congress IS considering such a law. In essence it forces
all internet sellers to collect the sales tax due in the buyers state. If you live in a
state with a law requiring that sales tax be paid on all out of state purchases (internet
or not), often called a "use" tax, as the buyer you are required to pay this
tax. The taxes already are on the books, they are often not enforced.
You can learn all about this with a Google search which will reveal all sorts
of opinions. Here is one that is not too
bad:
http://www.forbes.com/sites/beltway/2013/04/23/five-things-you-should-know-about-the-long-overdue-online-sales-tax-bill/
If you already comply with the law and do a lot of internet purchases; passage
will relieve you of a pain in the ass accounting job at tax time. If your state
has no such tax or if you avoid paying it, though your state requires it,
passage will cost you some sale taxes you would have otherwise escaped.
One nasty consequence is that the software to pull this off is non-trivial
since local sales taxes in many states vary by county, school district, local
bond issues and so on. How that is handled should be amusing.
-73 john k6iql
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