Discussion Forum: Thread 276197

 Author: 3001Bricks View Messages Posted By 3001Bricks
 Posted: Oct 6, 2020 08:27
 Subject: Suggestion on sales tax collection
 Viewed: 89 times
 Topic: Suggestions
 Status:Open
 Vote:[Yes|No]
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3001Bricks (2422)

Location:  USA, Arkansas
Member Since Contact Type Status
Dec 30, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: 3001Bricks
I just received my first order from California where the sales tax is being remitted.
I do appreciate it, as it saves me a lot of hassle setting up a nexus once I
cross the threshold.

I do have one suggestion though. If you look at attached screenshots, you see
a clear difference on how eBay is treating the payment, and how Bricklink is
treating the payment. On the eBay payment there is a statement "Tax collected
by eBay", while on the Bricklink payment this is called "Partner commission".
I would suggest changing this phrase to something very similar, as this helps
to prove that taxes are collected and paid to the right agencies.

I have not spoken to my accountant yet to understand if there is a difference
on the administrative side or with burden of proof, but only for clarity already
I would suggest to make this change.
 


 Author: cosmicray View Messages Posted By cosmicray
 Posted: Oct 6, 2020 10:17
 Subject: Re: Suggestion on sales tax collection
 Viewed: 43 times
 Topic: Suggestions
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cosmicray (3488)

Location:  USA, Florida
Member Since Contact Type Status Collage
Oct 1, 2000 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
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Store: Cosmic Toys
In Suggestions, Gmid writes:
  I just received my first order from California where the sales tax is being remitted.
I do appreciate it, as it saves me a lot of hassle setting up a nexus once I
cross the threshold.

I do have one suggestion though. If you look at attached screenshots, you see
a clear difference on how eBay is treating the payment, and how Bricklink is
treating the payment. On the eBay payment there is a statement "Tax collected
by eBay", while on the Bricklink payment this is called "Partner commission".
I would suggest changing this phrase to something very similar, as this helps
to prove that taxes are collected and paid to the right agencies.

I have not spoken to my accountant yet to understand if there is a difference
on the administrative side or with burden of proof, but only for clarity already
I would suggest to make this change.

I agree, this should be more transparent on the PayPal side. Can someone, who
accept Stripe, tell us how it is being displayed there ?

Nita Rae
 Author: 3001Bricks View Messages Posted By 3001Bricks
 Posted: Oct 12, 2020 11:38
 Subject: Re: Suggestion on sales tax collection
 Viewed: 41 times
 Topic: Suggestions
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3001Bricks (2422)

Location:  USA, Arkansas
Member Since Contact Type Status
Dec 30, 2015 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: 3001Bricks
In Suggestions, cosmicray writes:
  In Suggestions, Gmid writes:
  I just received my first order from California where the sales tax is being remitted.
I do appreciate it, as it saves me a lot of hassle setting up a nexus once I
cross the threshold.

I do have one suggestion though. If you look at attached screenshots, you see
a clear difference on how eBay is treating the payment, and how Bricklink is
treating the payment. On the eBay payment there is a statement "Tax collected
by eBay", while on the Bricklink payment this is called "Partner commission".
I would suggest changing this phrase to something very similar, as this helps
to prove that taxes are collected and paid to the right agencies.

I have not spoken to my accountant yet to understand if there is a difference
on the administrative side or with burden of proof, but only for clarity already
I would suggest to make this change.

I agree, this should be more transparent on the PayPal side. Can someone, who
accept Stripe, tell us how it is being displayed there ?

Nita Rae

There you are, attached a Stripe payment. Same issue, I would love to see something
like 'tax remittance' or something. Now it simply looks like a fee,
and I'm still in the dark wether or not I did need to charge sales tax and
pay sales tax.

In this case not that big of an issue, as I'm still below the threshold for
a cali Nexus, but here in Arkansas that would be somewhat of an issue once I
get an audit.