Thursday, June 15, 2006

Do I have to register my online business with the city, when I only sell my own second hand stuff at ebay? -

No you do not need to register with anyone if you are simply selling your personal belongings.It is a different matter if you Buy to Sell or Make to Sell, then that makes you a Business and the Tax man needs to be informed

Where I live, you have to register any business that is located in that city. Even though you are doing your business online your physical location/office/where you work is in your home in your city. You shouldn t have to pay taxes to your city/state for items sold out of state but if it is sold in your own state I believe you legally do have to pay taxes on that item.

No. Everyone sells on ebay. Registering would only be necessary if it is something you might do long term and earn a steady income from. Where you might have to pay taxes, etc. Second hand items on ebay won t matter unless you are making gobs of money, use a business name, etc.

No, you are not conducting business within your own city. You only register (but really apply for a liscence) if you have a brick and morter location. Though you still should report the income on your taxes, depends on the signifigance.

>>>

 

Home Posts RSS Comments RSS