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The Tax Man keeping an eye on eBay sellers

December 18th, 2008

Should you have to pay tax on things you sell on eBay?

The Revenue Commissioners think you should,but before you get alarmed they are targeting the “Power Sellers.”

Revenue estimate there are at least 10,000 such sellers in Ireland, and as is the case in Canada,they may force eBay to hand over personal information on them. In Canada they focused on those sellers who earned in excess of $1,000 a month for three consecutive months.

eBay has remained silent thus far,concerning Irish sellers. It charges a commission on every sale. Ireland has proven luctative.

One international “Power Seller” recently surpassed a million positive feedbacks. Should those people pay tax?

Business

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