Why do we pay taxes when we buy postage stamps on ebay ?
That sounds like a good question for Google's AI.
In general, buying collectible stamps:
"Sales tax on collectible stamps depends on state laws, as they are typically treated as taxable tangible personal property rather than postage. While new U.S. postage bought at face value from the USPS is generally tax-exempt, purchasing stamps for collecting—especially from third-party sellers, online platforms, or dealers—is usually subject to state sales tax."
Specifically regarding eBay:
"You pay sales tax on eBay postage stamps because of state-level "Marketplace Facilitator laws" that require eBay to automatically collect and remit taxes on most purchases, regardless of the item's tax-exempt status at a local post office. While postage is generally tax-exempt, it can be taxed when sold as a collectible or when miscategorized by sellers."
@spiritglove States charge sales tax on the TRANSACTION for all items that are delivered to their state. eBay is required to collect and remit the sales tax to the states that charge it.
eburtonlab
Mentor5 months ago@spiritglove
Why do we pay taxes when we buy postage stamps on ebay ?
That sounds like a good question for Google's AI.
In general, buying collectible stamps:
"Sales tax on collectible stamps depends on state laws, as they are typically treated as taxable tangible personal property rather than postage. While new U.S. postage bought at face value from the USPS is generally tax-exempt, purchasing stamps for collecting—especially from third-party sellers, online platforms, or dealers—is usually subject to state sales tax."
Specifically regarding eBay:
"You pay sales tax on eBay postage stamps because of state-level "Marketplace Facilitator laws" that require eBay to automatically collect and remit taxes on most purchases, regardless of the item's tax-exempt status at a local post office. While postage is generally tax-exempt, it can be taxed when sold as a collectible or when miscategorized by sellers."
comics-scifi-collectibles
Mentor5 months ago@spiritglove States charge sales tax on the TRANSACTION for all items that are delivered to their state. eBay is required to collect and remit the sales tax to the states that charge it.