Brick-and-mortar retailers are locked in a battle with online retailers over sales tax collection, and eBay is now galvanizing its base of online merchants and shoppers to influence the outcome. The online marketplace sent emails to users this week asking them to sign a petition opposing the new Main Street Fairness Act that was introduced in the U.S. House of Representatives this month.
According to eBay, HR 5660 would be extremely burdensome and costly to small online retailers, and said it was working very hard to stop the bill from becoming law.
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I just hope everyone remebers that ebay is NOT to be trusted. Even the most cursory examination of the actual bill (which ebay failed to even provide a link to on their mainstreet page btw) reveals that most sellers will not even be affected by this. Ebay has a lot to lose, the rank & file sellers, whom should already be reporting legimately will not be impacted. For ebay to ask Americans to help them after they kicked us all to the curb in favor of Chinese counterfeiters and lead-filled, hazardous GARBAGE etc, is a FUD farce on a major scale. A complete insult.
Now why isn't ebay coming to the rescue Down Under? Could it be because they don't really care about their members? Could it be because they have a LOT to lose in the USA, yet not in Australia?
Watch. I bet eb kicks the users down under in the teeth and turns over whatever documents & records the taxing body in Au requires, without due course, or any semblence of support.
The Australian Tax Office (ATO) will crack down on people who run businesses through eBay and The Trading Post and don't declare the added income in their annual tax returns.
The Federal Privacy Commissioner has given the ATO permission to examine the data of people or businesses that have sold more than $20,000 in goods and services on the online selling sites in the last three financial years.
Tax Commissioner Michael D'Ascenzo has urged online traders to come forward.
"If you do so you will be treated fairly and benefit, where applicable, from significantly lower penalties. You can make a voluntary disclosure on this or any other matter by writing to the ATO," he said.
Coming forward will mean an 80 percent reduction in penalties.
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-- Edited by budnonymous on Friday 30th of July 2010 05:57:37 AM