eBay Blocks Users for Not Providing Tax IDs to PayPal
Last Updated on Monday, 21 November 2011 01:36 Written by External Post Monday, 21 November 2011 01:36
Some users are reporting they are unable to sell on eBay because they have not provided PayPal with their Tax ID numbers. EcommerceBytes has reported extensively on a new law that requires payment processors to issue 1099K reports to the IRS beginning this tax year.
Despite the fact that small sellers are clearly exempt from the law, payment processors, including PayPal and Amazon.com, have been requiring small sellers to provide their tax ID numbers.
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