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Whoever sold the item is suposed to collect and pay the taxes on it.

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Q: If you host an Internet auction and collect a listing fee and or commission when a user sells an item do you have to collect sales tax in New York?
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Related questions

Where can one find an auction listing template?

One can find an auction listing template from the following websites: Auctiva, Share Your Design, List tailor, Auctiongen, Auctomize, Desacs, Isdntek, Auction Listing creator, to name a few. These are all free to use.


What are examples of auction listing software?

Avidian is a popular auction listing software. Ebay also has some auction software available. You will just have to try out different ones until you find one that you like.


Does listing commission income have a debit or credit balance?

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What are opinions of Elizabeth Jackson's auction listing employment agency?

Many people have reported this company as a scam. Here is one complaint: http://www.complaintsboard.com/complaints/ebay-auction-listing-agent-by-elizabeth-jackson-c382633.html


What is the most common auction listing software in the united states?

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On a exclusive agency does the agency get the listing and selling commission even if another agency sells?

The Exclusive Agency listing authorizes the listing broker, as exclusive agent, to offer cooperation and compensation on blanket unilateral bases, but also reserves to the seller the general right to sell the property on an unlimited or restrictive basis.Unless the buyers agency is a member within the same Multiple Listing Service, the buyers agent should be certain to get a commission agreement in writing from the listing broker, prior to writing an offer to purchase. Without this agreement, the listing broker does not have to pay out a coop commission.


Do you have to pay a commission if your agent sell your home to another agent they both want a commission?

The total commission amount should be in the listing agreement. If your listing agent has agreed to sell your home for 6% and another agent decides to buy it, your listing agent is responsible for paying that agent's commission out of the 6% commission you have agreed to pay them for procuring a buyer. They are not allowed to unilaterally demand a separate commission for the other agent. If they try to force you to pay extra commission above the original amount you agreed to pay you should contact that agent's broker in charge. If you do not get satisfaction from the broker in charge then contact your state's Real Estate Commission and complain long and loudly.


Can you extend an eBay auction?

No, that is not possible. An eBay auction can run for 1,3,5,7 or 10 days, but once you have made the selection and submitted your listing, the duration cannot be extended.


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What are real estate agents paid?

They are paid an agreed upon commission as per the listing contract between the agent and the seller. Buyers and seller are often charged administrative or processing fees to be paid to the brokerage office of their realtor. Real Estate agents are paid a percentage of the commission they collect based on whatever contract they have with the real estate brokerage that employs them.


What is net listing in real estate?

A net listing is an agreement between the seller of a home and the broker entrusted by the seller to find a buyer. In most listing agreements, the broker is entitled to a percentage of the selling price as his commission.


How do I put up cars for auction?

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