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tlccomp
Joined: 11 May 2006
Posts: 1212
Location: Southeast Wisconsin, USA
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 Posted: Tue Mar 09, 2010 9:41 am Post subject: New IRS rules for internet sales |
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IRS to Track Online Sellers' Payment Transactions Beginning Next Year
http://www.auctionbytes.com/cab/abu/y210/m03/abu0258/s03
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Neon_WA
Joined: 08 Nov 2008
Posts: 7146
Location: Margaret River, West Australia
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| Posted: Tue Mar 09, 2010 9:52 am Post subject: |
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In Australia, ebay has to supply the Tax Department with the transaction details of all "Power Sellers"
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Guest
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| Posted: Tue Mar 09, 2010 10:02 am Post subject: |
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I still remember when it started as a second hand stuff sale site...
Time has passed since then. |
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CPUShack
Joined: 16 Jun 2003
Posts: 34259
Location: State of Jefferson, USA
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| Posted: Tue Mar 09, 2010 12:16 pm Post subject: |
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Greedy bastages want their hand in everything.
So yes this does affect AVICC (I process over $20,000 in payments for you guys each year)
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jrmunro
Joined: 01 Feb 2003
Posts: 3149
Location: Vancouver, Canada
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| Posted: Tue Mar 09, 2010 1:12 pm Post subject: |
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| I can pay you with an international Money Order for AVICC purchases. This also eliminates the PayPal fees. |
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CPUShack
Joined: 16 Jun 2003
Posts: 34259
Location: State of Jefferson, USA
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| Posted: Tue Mar 09, 2010 1:29 pm Post subject: |
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Tis not a problem really, just more paperwork I get to file (the online system makes it somewhat easier)
I was surprised how much money I process though LOL, and I think I am giving the bank of ukraine a run for their money hehe
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FDIV
Joined: 12 Mar 2006
Posts: 740
Location: Ohio, USA
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| Posted: Wed Mar 10, 2010 3:39 pm Post subject: |
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| I can't imagine the amount of paperwork this will create. If e-bay and paypal report all transactions for all customers to the fed. It would be like if the fed required your bank to report every transaction you made as well and you had to justify each one on your taxes. Come to think of it. It requires a court order to subpoena your bank records I wonder what unconstitutional trick they are pulling to effectively subpoena these financial records. What a royal pain in the ass. |
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smithy
Joined: 27 Apr 2008
Posts: 2906
Location: Sydney, Australia
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| Posted: Wed Mar 10, 2010 4:59 pm Post subject: |
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Big brother is getting closer. Laws here now allow police to search your house when you are not there without you knowing it (and they don't tell you afterwards either) if they "suspect" criminal activity. Combine that with our new internet filtering and not being able to march or demonstrate without police authority, and our society is becoming very scary indeed.
But then you get those non-thinking twats who come out with the old chestnut "if you have nothing to hide, then you have nothing to fear"....yeah right. Sorry, I'll get off my soapbox now...
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tlccomp
Joined: 11 May 2006
Posts: 1212
Location: Southeast Wisconsin, USA
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| Posted: Thu Mar 11, 2010 7:40 pm Post subject: |
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| FDIV wrote: | | I can't imagine the amount of paperwork this will create. If e-bay and paypal report all transactions for all customers to the fed. It would be like if the fed required your bank to report every transaction you made as well and you had to justify each one on your taxes. Come to think of it. It requires a court order to subpoena your bank records I wonder what unconstitutional trick they are pulling to effectively subpoena these financial records. What a royal pain in the ass. |
When was the last time "they" followed the constitution 
And, PayPal doesn't fall under the conventional rules, they're not a bank... the door is wide open.
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johnorun
Joined: 04 Apr 2008
Posts: 3364
Location: Chicago, IL- US
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| Posted: Thu Mar 11, 2010 9:29 pm Post subject: |
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| smithy wrote: | Big brother is getting closer. Laws here now allow police to search your house when you are not there without you knowing it (and they don't tell you afterwards either) if they "suspect" criminal activity. Combine that with our new internet filtering and not being able to march or demonstrate without police authority, and our society is becoming very scary indeed.
But then you get those non-thinking twats who come out with the old chestnut "if you have nothing to hide, then you have nothing to fear"....yeah right. Sorry, I'll get off my soapbox now... |
That doesn't sound like the Australia I thought I knew... 
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smithy
Joined: 27 Apr 2008
Posts: 2906
Location: Sydney, Australia
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| Posted: Thu Mar 11, 2010 10:25 pm Post subject: |
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How about another one (neon_wa would know), where police in Western Australia are about to be given power to do random body searches - again, no reason needs to be given
All sounding like a police state? You betcha...
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CPUShack
Joined: 16 Jun 2003
Posts: 34259
Location: State of Jefferson, USA
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johnorun
Joined: 04 Apr 2008
Posts: 3364
Location: Chicago, IL- US
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| Posted: Fri Mar 12, 2010 12:43 am Post subject: |
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I think if we want to preserve our rights here in the US, this group is one you might want to check out---non-partisan.
GOOOH.com
Listen to the short video and read the home page and see if it makes sense for you...that's all I'll say.
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CPUShack
Joined: 16 Jun 2003
Posts: 34259
Location: State of Jefferson, USA
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| Posted: Fri Mar 12, 2010 1:06 am Post subject: |
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Dont stop at the house, Senate needs to go to
TERM LIMITS!!
And congress must maintain their own computers, have medicare (if eligible) and be paid the average wage in america (whatever that may be)
They must also buy their own car and gas (assuming thats workable with the Secret Service)
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johnorun
Joined: 04 Apr 2008
Posts: 3364
Location: Chicago, IL- US
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| Posted: Fri Mar 12, 2010 1:49 am Post subject: |
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| CPUShack wrote: | Dont stop at the house, Senate needs to go to
TERM LIMITS!!
And congress must maintain their own computers, have medicare (if eligible) and be paid the average wage in america (whatever that may be)
They must also buy their own car and gas (assuming thats workable with the Secret Service) |
Aww com'on,,,let's not make it too hard on them. 
Who will want to serve without a few perks?
...and they'd have to
PROMISE not to tax our CPU purchases, right?
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