The IRS is Coming to Ebay And You Won’t Like It

16 May

The IRS is looking to EBay to provide information on sellers who have more than 100 sales a year or who make more than $5,000. Frankly, it is long over due. Many people have developed real businesses around EBay and have substantial transactions. It only seems reasonable that these companies’ revenues be taxed as would any other.

Ars Technica has more info:

http://arstechnica.com/news.ars/post/20070515-details-emerge-on-irs-plans-to-tax-ebay-auctions.html

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