| Rampury | 09-22-2011 08:59 AM |
Good/bad news for stealth account?
I did a lot of research and this is what I have found. Now, since all the internet selling requires a tax ID or EIN or SSN in order to track people to pay taxes. But I found that certain places like the Ama zon stated in their tax ID requirement condition that everyone have to submit it by Dec 26 or selling account will be on hold until you provide the info they are asking. But if you sell total number of item 50 or less ,regardless of cost of items total, you do not have to give any info.
That means sell about 49 items each year worth $19990 eorth and you should be fine. I do not know how is that gonna work with many stealth account but this Tax ID thing is gonna work in Ama zons favor.
Any body have 2 cents on this one? | 
