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Is Ebay going to Pull Sales Taxes on Everyone's Sales?
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<p>[QUOTE="Paul M., post: 3715639, member: 73165"]Wouldn’t that all hinge on “where”, legally, the sale took place?</p><p><br /></p><p>Let’s add another wrinkle to the scenario: say your NY seller ships the item from a warehouse in NH (0% tax). How does that work out?</p><p><br /></p><p>In a physical transaction, it’s easy to say where the sale took place: it’s where the money changed hands. If I’m a FL resident and buy a coin in NY on vacation, I’m technically required to report that to the state of FL, and remit the additional 2%. Conversely, as a NY resident on vacation in FL, I pay FL’s full amount and get to deduct the difference between what I paid in FL and what I would have paid in NY on my state taxes.</p><p><br /></p><p>It’s all ridiculously complicated, and people deal with it by just not reporting these types of things. But, with online sales, since the accounting is much easier for online sales, I can see people actually taking those types of deductions. In fact, IMO, large internet retailers should be required to provide a report at EOY detailing how much sales tax you paid and to where.[/QUOTE]</p><p><br /></p>
[QUOTE="Paul M., post: 3715639, member: 73165"]Wouldn’t that all hinge on “where”, legally, the sale took place? Let’s add another wrinkle to the scenario: say your NY seller ships the item from a warehouse in NH (0% tax). How does that work out? In a physical transaction, it’s easy to say where the sale took place: it’s where the money changed hands. If I’m a FL resident and buy a coin in NY on vacation, I’m technically required to report that to the state of FL, and remit the additional 2%. Conversely, as a NY resident on vacation in FL, I pay FL’s full amount and get to deduct the difference between what I paid in FL and what I would have paid in NY on my state taxes. It’s all ridiculously complicated, and people deal with it by just not reporting these types of things. But, with online sales, since the accounting is much easier for online sales, I can see people actually taking those types of deductions. In fact, IMO, large internet retailers should be required to provide a report at EOY detailing how much sales tax you paid and to where.[/QUOTE]
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