What just happened to accepting Paypal?? looks like they are trying to drive us away


i may have over reacted... for some reason PayPal wants to drive me into a business account. Looks like the fees are the same so not sure what that is all about, I'm just suspicious by nature

If you switch to a business account which is pretty easy you get a merchant ID, enter it here, and move on. If you don't want to do that then they make it very complicated to fill out forms, etc. I gave up and switched to business, made up a bogus business name and am moving on...
herman

Showing 3 responses by sfseay

My feeling is PayPal will use business accounts sales data to eventually report uncollected sales tax to the state you live in.  Also, audio mart has worked very well for me for over $30,000.00 in sales.  Not sure why someone would make up a story about them being a poor choice unless they were banned for fraud or deceptive ads.
eBay message below received today.  Merchant IDs are a way to track the sales tax you owe to your state if the are one of the ones that passed an Internet Sales Tax law.  The states could come after sellers on websites since sellers are responsible for collecting sales taxes under these new state laws.

<<<<<eBay email received today >>>>>
As you may be aware, 11 new states have adopted Internet Sales Tax policies as of October 1, bringing the total to 34 states that now require the collection of sales tax. As the impact of this tax law becomes more apparent, PayPal and eBay are making changes that will make Internet Sales Tax collection less complex for buyers and for you.

Starting in November 2019, the way taxable transactions are processed and how taxes are collected for remittance will change, as follows:
  • In states where eBay is required to collect Internet Sales Tax from buyers, order totals sent for processing will reflect the gross order amount inclusive of tax.
  • Once settled, the tax amount will be automatically deducted for remittance to the applicable taxing authority.
  • A record of the sales tax portion of the order will be available on the Seller Hub Orderdetails page and through our Download order report.
Please note the applicable tax will continue to be paid by the buyer and you do not need to take any action.

We understand that the holiday selling season is nearly upon us and we are working to make this transition as smooth as possible.

Learn more about Internet Sales Tax in the eBay Seller Center. If you have questions about how Internet Sales Tax may affect you, we recommend consulting with your tax advisor, or our partners Avalara and TaxJar.

I don’t have a business account with PayPal but noticed in my account settings that I have merchant account ID.  WTF!?!