Hear in New Zealand we have GST (goods and service tax) When you purchased goods from outside NZ as long as the total was less than NZ$450 there was no tax to pay. Now 1st December tax will be charged on all goods no minimum. ebay has joined in and will collect tax on all sales to NZ at 15% on price paid plus shipping I just wonder will this have any impact on stamp sales to NZ will buyers resist.
Will Hipstamp be part of this, I have had my first buy on ebay with a GST charge I may have to rethink where to buy new stock from as here in NZ to buy stamps from a dealer GST is already in the price, sadly we do not have many dealers left most closed shop or are on ebay!!
I rarely buy stamps off eBay, so it doesn't change my buying/begging habits.
I would think most of your regular customers will stay with you. I tend to stay with long-term sellers through thick and thin. If you have any customers that are just looking for the cheapest price, they'll eventually go to someone else regardless, and there's not much any seller can do about those types of buyers.
I'm really surprised it took so long for a lot of governments to start enforcing existing tax codes, or changing them to directly address previously unenforced tax codes. Obviously, in NZ, the removal of the minimum is an actual change in tax code rather clarifying previously existing codes.
Where I live, there has always been a "sales and use tax" on the tax code. However, the "use" portion was almost never enforced, and the "sales" portion was only enforced if the seller had a physical presence in the state. In reality, internet sales were always taxable, and relied upon the seller or the buyer to pay the use tax. This is actually true of most states that have a sales tax (they also have a "use" tax). The idea that internet sales were legally tax exempt in the US is a misunderstanding of court rulings on the "sales" tax, and not realizing there is often a "use" tax component that most states weren't enforcing (or relying on voluntary compliance).
Now the states, armed with last year's Supreme Court ruling, can now enforce the "sales" tax portion on internet sellers. In reality, states with "and use tax", either the seller or buyer were supposed to pay the "use tax".
I know some will think this is ridiculous, but I actually know of a few internet sellers who were voluntarily paying the tax in their state on their own, even though eBay wasn't collecting it on out-of-state transactions at the time.
Dec 1 also marked a major change here in the US for internet/mail sales as well, as the states have started to flex their muscles. I've been having to explain to my Mom why she is getting bills for a few dollars for items she has purchased by mail -- she was using the older order forms that didn't have a line for sales tax!
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