- eBay commission
- PayPal commission
- Local sales tax (I paid sales tax when I bought Gandhi stamps from Palo Alto, California seller).
- State tax
- Federal tax
But what happen if UK resident is selling from USA with help of friend of relatives staying in USA ? How they pay tax ?
Chances of Tax invasion is higher when seller try to sell if from multiple countries such as India or UK or Australia or Belgium or Netherlands.!!
If you see above screenshot you will see there was lot of interest in this cover. There were 11 bidders and 37 bids.!!
Do you think there is SHILL bidding in this transaction in order to increase price and glorify this philatelic material.
I am not sure whether ebay transaction is a Genuine or something else. Do you think it is really bought and sold.?
I don't think this FDC should be more than $100 or 200 or 300.!! So what do you think about this FDC pricing and transaction.?
Nepal Indian Embassy Cancellation on 1948 Gandhi Stamps
Early usage of 1948 Gandhi stamps
FAKE 1948 Gandhi stamp FDC from India.
Gandhi SERVICE stamp is it REAL or FAKE?
Want to know more about FAKE and FORGERY stamps then checkout other blog post click one of the following link and you will be surprised.!!!
1) Philatelic FAKE and FORGERIES.
2) FAKE AERO PHILATELY Covers.
3) Stamp collection CHEATING.
4) Stamp Collection Value
5) Stamp Collecting Facts
6) China stamp collection value.
7) First AirMail Post
8) World First Flight Cover
9) Greatest Stamp Collection Scandal
10) Biggest stamp collection SCAM
11) SCANDAL in stamp collection
12) How to increase stamp collection value
Following is information from IRS regarding tax on collections such as stamps or coins. Please make sure you know what you are doing other wise IRS is very strict on tax collection.
Now let's get back to point.
Do you think eBay will get commission from this transaction ? ($400 mandatory)
Do you think PayPal will get commission from this transaction if this is default payment of seller ?
Do you think this is real value ($4010) of Bombay used cover ?
Do you think it's a genuine transaction where buyer paid money to seller, or seller open case with eBay to cancel transaction so he/she don't have to pay commission to eBay as well as he/she don't have to pay any taxes.?