Can I use this in a book, a film, or a product? It’s not just a word.
Purchasing an online item is not a sale. You can’t buy an online item for money. You’re not selling the online item and you can’t use your payment to make the online item you want to sell for cash.
If you want to make money off of a purchase on Amazon, you should use paypal to pay the sales tax. There’s really nothing to it.
Here’s an example: If you wanted to sell my product for $20 the same I sell it at Home Depot, I’d have to pay sales tax for the same amount:
Sales Tax = $20 Total = $20 + $3,800 GST – $2,700
Now, I have to pay $2,700 in shipping for the product, and I’d end up with a profit of around $1500. What’s the profit on selling this product at home depot?
Well, it’s $2,700 (not the same for the two items) divided by 1.25. So the profit is $50 + $6.25 = $75
When you make a purchase using paypal it’s a little tricky. You need to be careful. Here’s a picture that explains paypal:
To get around paying sales tax on an online purchase, Amazon provides a free, easy way to get around it:
If you buy something using Paypal, you can sell the item on Amazon for the amount you paid for the item.
In other words, you don’t pay sales tax for an item you already own. And so long as you pay the money you receive back to the seller, that money can be used on Amazon products or money from other sources.
What is Amazon’s policy on Amazon sellers selling products at Amazon?
Amazon will not allow any product to be sold, or be used to make more money on this method, as long as they have paid the appropriate taxes.
I use Paypal to sell items to customers. In this way, I could pay sales tax to Amazon. If I went to another retailer I’m in contact with, I could sell the item at the same price my customers would pay if I’d go to Amazon directly.
I’m a small family business and I’m already doing well. Can I sell my products to customers in Canada?
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