Sales Tax Scam with EBAY

ComputerWizard
Contributor
Contributor

Ebay net revenue is 360 million a month in the USA alone.
18 million at average 5% sales tax collected paid to paypal
paypal charges sellers 3 percent on that 18 million a month for a profit of
$540,000 per month
$6,480,000 per year sellers pay in FEES ON SALES TAX ALONE!

All that is based on Ebays net REVENUE in the US of 4.4bn a year. I am not sure if that is really the figure of all sales tax is collected on, but gives you an idea of the scam collecting sales tax and passing it as "sales" to Paypal unwinds.

Paypal and ebay are collaborating on placing fees on taxes and THAT cannot be good and probably not legal in banking or business.

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