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<p>[QUOTE=&quot;CheetahCats, post: 848562, member: 23874&quot;]Did people actually think all of this short-sided Tom Foolery would come free of charge?</p><p><br /></p><p>Notwithstanding what I posted about the VAT, the IRS too is now mandating that [at a certain level of revenues] sellers must report the transactions they conduct on ebay [and elsewhere] via all of the electronic payment channels.&nbsp; And from a P&amp;L standpoint, that implies that for every coin sold online, sellers will have to become diligent about having a paper trail that demonstrates how much they spent acquiring each of those items.&nbsp; Which opens up another Pandora&#039;s box... how to manage the transactions and inventory of all those buy/sells!&nbsp; (software, paper, spreadsheet,etc.)</p><p><br /></p><p>Oh, and by the way... did I mention that current IRS guidance does not support paperless receipts as documentation (pdfs, etc.?)[/QUOTE]</p><p><br /></p>

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