Streamlined Sales and Use Tax Project - SSTP

Published by Sean M. Lightfoot on Tagged Internet Sales

This one is for all of you internet sellers out there. Especially eBay sellers. I have some information about a project called the Streamlined Sales and Use Tax Project (SSTP). This project has been developed to get each member state the greenbacks that they’ve been missing out on by not requiring sales taxes to be charged when selling to individuals in other states. This just proves that Uncle Sam AND every branch of it is gonna get their money! I can barely keep up with the sales taxes that I need to send into my state, how the heck am I supposed to take care of 50? Right now, there are only a few member states, but expect most, if not all states to eventually join. The current member states are as follows:

Indiana
Iowa
Kansas
Kentucky
Michigan
Minnesota
Nebraska
New Jersey
North Carolina
North Dakota
South Dakota
Oklahoma
Rhode Island
Vermont
West Virginia

If you live in any of these states, expect to be required to register so that you can collect and remit sales and use taxes for all of the states that are on the list. Next thing will be requiring to report any and all monies earned on eBay. Looks like there wont be too many more “off the books” eBay millionaires! Atleast we’ll be able to write off those ridiculous auctions fees on our taxes.

For those of you that sell online I recommend you go here to get more information. I will post updates on this topic as they become available.

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