The item I sold was just some LED lights. I'm still experimenting to see what sells, but from what I see now I should stick to items under $100Congrats. What do you sell?
Only tip I might offer is to stay aware of possible upcoming changes to state sales tax rules establishing nexus. Recently Supreme Court ruled that states could force online vendors to collect sales tax even without physical presence in the destination state. There is talk of low sales volume exemptions for especially small vendors.
In under a month too
Hit me with tips and advice if you got it
I'm using eBay at the moment for those wondering
Congrats. What do you sell?
Only tip I might offer is to stay aware of possible upcoming changes to state sales tax rules establishing nexus. Recently Supreme Court ruled that states could force online vendors to collect sales tax even without physical presence in the destination state. There is talk of low sales volume exemptions for especially small vendors.
In interstate commerce in the US, sales tax is levied based on the destination jurisdiction of the shipment. For example goods sent from AZ to WA, sale falls under WA jurisdiction. In the past, a vendor without nexus (physical presence- warehouse, store location) in that jurisdiction would not have to collect (in our example WA) sales tax. The recent ruling allows states to put rules in place forcing online vendors (even without physical presence) to have to collect tax from customers in that state (and of course remit it to the state). E-commerce had that advantage over local brick and mortar in the past.Can you explain what this means. I plan on doing dropshipping soon.
In interstate commerce in the US, sales tax is levied based on the destination jurisdiction of the shipment. For example goods sent from AZ to WA, sale falls under WA jurisdiction. In the past, a vendor without nexus (physical presence- warehouse, store location) in that jurisdiction would not have to collect (in our example WA) sales tax. The recent ruling allows states to put rules in place forcing online vendors (even without physical presence) to have to collect tax from customers in that state (and of course remit it to the state). E-commerce had that advantage over local brick and mortar in the past.
So how does that work.if you are located in another country?Congrats. What do you sell?
Only tip I might offer is to stay aware of possible upcoming changes to state sales tax rules establishing nexus. Recently Supreme Court ruled that states could force online vendors to collect sales tax even without physical presence in the destination state. There is talk of low sales volume exemptions for especially small vendors.