NSSF http://www.gunvote.org

BHA Survive


Digital Daily Gun News Website

NAT’L – RETAILERS – Automatic Sales Tax Collection and Other Changes Coming to Gunbroker

Gunbroker.com is going to be making some changes as 2020 comes to a close. Some of these changes look to be great additions to the online firearms auction website while others perhaps seem more troubling to the average consumer. Gunbrokler will soon be putting into place their Marketplace Facilitator Sales tax regulations beginning on January 1st of 2021. In addition to this change, it seems there will be much quality of life improvements that should help out those searching for their next gun buy on Gunbroker. The following is from a December 4th posting on the Gunbroker Support Page: GunBroker.com will implementing the new Marketplace Facilitator Internet Sales Tax regulations on January 1, 2021. As a marketplace, GunBroker.com will be required to collect and remit sales tax on all sales according to the state law. What is a Marketplace Facilitator? A Marketplace Facilitator is defined as an entity that provides a forum for sellers to promote their sale of physical property, digital goods, and services and is compensated for these services. As such, GunBroker.com is deemed to be a Marketplace Facilitator for sellers on the site. What is Marketplace Facilitator Legislation? Marketplace Facilitator legislation is a set of laws that shifts the sales tax collection and remittance obligations from the individual seller to the marketplace facilitator. As the Marketplace Facilitator, GunBroker.com will have to calculate, collect and remit state sales tax on sales sold by third party sellers for transactions destined to states where Marketplace Facilitator and/or Marketplace collection legislation is enacted.  [full article]

Download
Our Mobile App

and get our latest news and featured videos instantly

Download Now