posted on November 3, 2009 09:49:20 AM new
Is it fixed price or auction style ?
*
There is no 'Global savings glut',only wild horses and loose bankers.
posted on November 3, 2009 11:05:55 AM new
Looks like they're not just a Venue any more. They are now the competition!!
[ edited by merrie on Nov 3, 2009 11:06 AM ]
posted on November 3, 2009 01:47:45 PM new
Alright... so here's a question (and don't think that NY state probably hasn't already thought about this)... this means that eBay now has a "physical presence" in New York... so will individual sellers on eBay be responsible for collecting and reporting sales tax from NY customers to New York State? With their high tax rate... that could be a lot of money for NY! (all at the expense of the little person). I'd be curious to see how that works out...
Oh... and here's an interesting article that probably applies:
posted on November 3, 2009 03:30:18 PM new
can always ask Ebay to ship it to NJ .
*
There is no 'Global savings glut',only wild horses and loose bankers.
posted on November 3, 2009 04:26:15 PM new
Interesting. Since ebay is not a retailer, nor does it own the merchandise for sale, I doubt that NYS could successfully assert that ebay now had a Nexus in NYS.
posted on November 3, 2009 04:35:55 PM new
Any retail store that sells in NYS has to collect taxes on items that sell.
The same thing goes for flea markets in NYS. All vendors that sell have a resale number and have to report & pay taxes. Weather they charge the customer or not they still have to report and pay taxes.
So I feel that Ebay will have to collect taxes also since they are running a retail store.
posted on November 3, 2009 04:37:06 PM new
Does Ebay really own the merchandise?
*
There is no 'Global savings glut',only wild horses and loose bankers.
posted on November 3, 2009 04:46:43 PM new
If you are a NYC shopper,you can ask the retail store if they will ship your package to NJ?
Many do,so what you do is give them your relative or friend or colleague address in NJ to avoid paying NY sales tax.
Most stores will ship as they get many tourists from out of state or out of country.
*
There is no 'Global savings glut',only wild horses and loose bankers.
posted on November 3, 2009 05:04:28 PM new
I doubt ebay will be the vendor in this instance. Since everyone is familiar with flea markets, they need no reminder that the owner of the flea market does not pay sales tax on sales of a vendor in their market. This would be similar.
The article was not clearly written, and as usual information from online sources is usually incomplete.
The same information was reported another way:
"WWD says that shoppers at the popup store "will have access to the entire eBay marketplace via Internet kiosks, handheld tablets and the eBay mobile phone application." eBay has not posted a press release about the shop and it is unclear how services at the physical retail location would differ from those offered online."
Which is more accurate than what many are assuming from the other article.
Do you really believe ebay would be so careless as to be selling the merchandise themselves?
This should be no different than going into Starbucks in NYC, logging onto ebay and then buying your favorite size 15 red pumps with BIN from someone in Toledo.
posted on November 3, 2009 05:19:46 PM new
In Portland Oregon businesses pay tax on the amount of net sales over $24K a year. Basically, the tax is the business license.
We consign items in our store, and even though we don't own those items, we still have to include it as taxable income even though we may have a total loss at years end.
What is interesting to me is whether this opens a whole can of worms eBay may not have anticipated. For example, does it allow someone to sue them within the state of New York for an online transaction just b/c they now have a physical location in NY, whereas before they were in California? Say someone buys an item on ebay, and claims it is fake. Because they now have a physical location in NY, someone in NY might be able to sue them for misrepresntation in NY instead of going to California.
posted on November 3, 2009 06:35:53 PM new
I owned my own Flea Market lot in Manhattan on 26th street and your right, only the vendors have to worry about the state tax. The same when I owned an indoor market where I rented out spaces to vendors.
But as the owner you are responsible for your vendors, there actions fall back on you, the owner of the flea market.
Maybe Ebay has a good idea here but why would I as a shopper go in there to make a purchase with there equipment when I can do the same thing in the comfort of my own home.
I guess we have to wait and see what they are going to do.
posted on November 3, 2009 06:56:29 PM new
I guess it is how they handle business. If ebay is the store and money is handled by ebay, then I guess it would fall on ebay... however if it is a mall and each company rents space from ebay, then it falls back on the individual merchant.
When I was in high school I worked at KMart. Most people didn't realize that KMart was divided into smaller companies. There were general goods handled by KMart and then there were certain departments owned by other companies. For example... shoes were different. The employees of the shoe department received paychecks from a different company.... Yet, Kmart handled the sales by charging and collecting money on the behalf of those companies.
In a mall setting, the mall is owned by a company who strictly rents space. Then the individual company sets up and sells their own merchandise and collects their own money.
I'm curious what this ebay store will be.
[ edited by shagmidmod on Nov 3, 2009 06:57 PM ]
posted on November 3, 2009 06:57:14 PM new
I think Ebay provides the space and invite some merchants to sell in its physical store.
It is only 5000 sq feet so it is not really that big,and depending on the location,different types of merchants would be invited.
In Manhattan,designer clothes and in Chicago may be electronics and in San Fran could be gourmet food,who knows?
When Home Depot launched Expo,I went in there and thought I have better merchandise than they do when it comes to small decorative items,it would be nice if they carve out a section where small boutique sellers can set up booths selling collectibles,jewelry etc.
Well,they do that at Costco,but I heard the fee is quite high.
*
There is no 'Global savings glut',only wild horses and loose bankers.
