More eBay Managed Payments Nonsense - FNF on Tax

[bdrr]

As we get closer to the imposition of eBay's new oppressive payments system, I just wanted to bring to everybody's attention a new hitch that was recently clarified.

Previously, I covered what amounts to an increase from 1.5% to 4.65% additional fees on international purchases.

This is from eBay's explanation of managed payments

* The final value fee is based on the amount of the total order
* The total order is defined as the purchase price, tax collected, and shipping
* For international sales, shipping may be counted as the cheapest domestic option (but this is not clear)


That's right everybody, it was bad enough paying 2.9% PayPal fees on the buyers tax. Now eBay is going to take 12.3%. Because f*ck everybody.

[nicolasdotfr]

i recently sold something and here's the detail of the massacre:

Purchase details
2012-13 Prizm (almost) complete set 299/300
2.000,00 USD
Item #353100548938
Tax
175,00 USD
Purchase total
2.175,00 USD
Fee
-negative 106,88 USD
Tax collected by eBay
-negative 175,00 USD
Total
1.893,12 USD

Account summary June 01 - June 30 Pacific Time
New Fees
Commissions on the final price€ 182.98
Subtotal excluding taxes€ 182.98
Taxes
Total amount not taxable€ 0.00
Total taxable amount€ 182.98
20% VAT€ 36.60
Total amount of current invoice€ 219.58
Total of€ 219.58

so ebay takes $175 from the buyer and €219.58 from me... 20% of my bin price

[gomiamigo]

I don't get the complaints about taxes. You were supposed to be paying/collecting them all along, it was a loophole people were exploiting.

Paying ebay fees on the tax, yeah, that's some serious BS.