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Does paypal charge a fee for taxes collected?
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Hi all, I have been reading about taxes being collected by buyers in certain states. My question is, since the payment for taxes goes through Paypal, does paypal charge a fee on the taxes collected in addition to the item and shipping?

Thanks in advance

asked Translation missing: es.datetime.distance_in_words.almost_x_years ago

Cyber_Seller
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1 Comment

lostlizard says: January 02, 2020

Be aware. Just had a buyer make an offer for the full price of an item which already included shipping, but not tax. Bonanza sent an invoice to the buyer for the full price, but did not add any tax. In the PayPal transaction, tax was carved from the sale and sent to Bonanza.

1 Answer
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No. The sales tax does not factor into the payment processing fees. This is true both of Bonanza and eBay. From the Q&A section of a recent Bonanza [URL removed]

“BonanzaReilly says in [URL removed]
06/05/19 at 11:46:35
Hi Bluelucy,

Thank you for your question!

The tax will be paid by the buyer at the point of sale. The funds for the sale (including any shipping costs) will be sent to your account, and the tax funds will be sent to Bonanza so we can then remit taxes to each state’s Department of Revenue. You will not incur any fees on a transaction when tax is charged to the buyer.

Hope that helps to clarify- if you have any other questions, feel free to contact us at support@bonanza.com!

Thanks,
BonanzaReilly"

selected by Bonanza as the best answer

answered Translation missing: es.datetime.distance_in_words.almost_x_years ago

tomwayne1
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1 Comment

EmpressDepot says: August 03, 2019

Makes sense

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