Does anybody know if the seller is going to be charged a addition PayPal 2.9% + .30 cent fee for sending the taxed amount of a sale to Bonanza?
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abigdogmom Reputation: 3559 See abigdogmom's booth |
You won’t be charged for the money _Sent to _ bonanza to pay the taxes, but I imagine you will be charged the fee on the total when the sale is made..since PP charges on the total amount of a transaction
If paypal includes the taxes in the fee amount will probably have to answered by paypal
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CindyBear Reputation: 3068 See CindyBear's booth |
When an eBay sale includes sale tax, the corresponding PP transaction does NOT include that sales tax amount and the PP charges are only applied to the item/shipping cost. eBay collects the sales tax from the customer and eBay then forwards to the taxing authority (the State involved). The seller is NEVER responsible to pay that tax except in the State(s) where you set up an individual tax rule and collect the money. When that happens, you are legally obligated to forward to the individual state(s).
Bonanza’s method simply takes away the seller’s responsibility of collecting/forwarding taxes to the State(s) that have already passed laws mandating that internet entities (like eBay, Bonanza, etc.) collect/forward sales taxes to them. Eventually, all states that currently have a sales tax will jump on board and enforce this.
I would expect Bonanza to work the same way.
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tomwayne1 Reputation: 8637 See tomwayne1's booth |
I’m thinking as far as the .30 cent fee goes that since this is already charged initially by Paypal, there will be no .30 cent fee for taxes.
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EmpressDepot Reputation: 7344 See EmpressDepot's booth |
Unknown how bonanza is doing it. As like most people my question has been ignored about this fee. But most cases you should have to pay paypal the total order 2.9% +.30 Total for item and shipping Now if the order does not show there is sales tax. Then you will also have to pay a extra 2.9% for the tax collected. Guess we will not know until the order goes through. For me i havn’t updated my account yet. But our Bonanza sales are less then 0.5% of our on-line sales.
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HawkinsFootwear Reputation: 14 See HawkinsFootwear's booth |
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