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More Paypal nonsense

regretsy.com

131–140 of 257 posts

Re: More Paypal nonsense

#131
post #121

Earlier quoted context omitted.

In the EU, everything that is traded, whether it be a good or a service, is subject to a "value added tax". Incorrect. I own an Estonian (an EU member) company that can sell stuff and offer services without VAT. VAT is actually optional until a certain revenue threshold.

Also, VAT isn’t charged for certain product categories in the EU. In the UK, for instance, children’s clothing is VAT-free.

Technically, it is not VAT Free. It's rather that the rate of VAT is 0%.

Effectively the same I know...

Re: More Paypal nonsense

#132

Earlier quoted context omitted.

> Why trust a business to such a stagnant concern? Because there is no alternative and they fucking know it . Oh if you're in the US for the US you might be able (and want) to gamble on an other younger service, but in the wider world? It's a fucking wasteland , it's either Paypal or Big Bank Merchant Account, and those are no fun at all either. My card expired (and was renewed) recently, I decided to stop using payp…

>>Because there is no alternative and they fucking know it. Off the top of my head, https://payments.amazon.com/ is a great alternative. Not sure how the rates stack up, but I definitely trust Amazon more than I trust PayPal. I'm sure there are more alternatives available, I don't know why so many people insist on using PayPal. I think Amazon allows donations cause kickstarter.com uses it, and you don't necessarily g…

You didn't read closely. Inside the US there are lots of alternatives. Outside the US it is, as the fellow said, a wasteland.

Take Amazon payments, for example:

"Q: What countries and currencies are supported by Amazon FPS? Amazon FPS allows U.S. as well as international customers to use major credit cards to make payments on Amazon FPS-powered websites. ... All transactions are in U.S. dollars."

Emphasis mine, because that little aside renders Amazon worthless to me.

Source: http://aws.amazon.com/fps/faqs/

Re: More Paypal nonsense

#133
post #58

Earlier quoted context omitted.

The problem didn't seem to be that the volume/value of transactions suddenly went up. The Paypal representative didn't say that at any point in the conversation. Even if that was indeed the case, a simple investigation of the issue would have cleared things up. Businesses are supposed to work with customers , not fuck them over at the first sign of trouble.

I am sorry, how are you privy to the conversation? Or are you just looking at the bits posted on the blog? There is no way you can draw such a conclusion form that. I hate to come down on the side of Paypal, but it would be so easy to abuse the donation button by doing exactly this, and not sending out any gifts. There is no way paypal can test this.

The conversation in the article. Or didn't you read that?

Re: More Paypal nonsense

#134
post #103
post #87

Earlier quoted context omitted.

In the US you cannot run that company: if you accept money in exchange for goods (or even sometimes services), and are not a registered non-profit, you need to pay sales taxes on the sales, must declare any residual as income, and the people giving you the money cannot claim it as a write off. Regretsy is in the EU, not the US, but I don't believe that changes the point. In the EU, everything that is traded, whether…

I believe most people understand the difference between donating money to a "good cause" and making a tax-deductible donation to a registered charity. Making it difficult for an honest person to collect donations and forward the proceeds to the needy (where the donors have no expectation of any tangible good in return ), or forcing Boy Scouts to obtain a peddler's license to collect canned foods for a food bank, is s…

forcing Girl Scouts to obtain a peddler's license to collect canned foods for a food bank

As an aside, most of those laws were put in to use against the lower class people who were begging. They have recently (thankful) started to be applied in a non-discriminatory fashion (i.e. to rich kids aswell as drug addicted adults), and this is the consequence.

Re: More Paypal nonsense

#135
post #129

Earlier quoted context omitted.

Also, VAT isn’t charged for certain product categories in the EU. In the UK, for instance, children’s clothing is VAT-free.

...and sales tax is different for different classes of product in the US, with some things getting better treatment, such as groceries, and some things worse, such as car tires. I did not expect it to be relevant to this specific case, but yes: I guess children's clothing is an interesting one for this Regretsy charity drive; that said, they stated "toys", not "clothing", and I don't remember toys being on that exemp…

As an aside, the company that makes Jaffa Cakes, a popular biscuit in the UK, went to court to get their biscuits counted as cakes. Cheaper VAT. http://en.wikipedia.org/wiki/Jaffa_Cakes#Cake_or_biscuit.3F

Re: More Paypal nonsense

#136
post #129

Earlier quoted context omitted.

Also, VAT isn’t charged for certain product categories in the EU. In the UK, for instance, children’s clothing is VAT-free.

...and sales tax is different for different classes of product in the US, with some things getting better treatment, such as groceries, and some things worse, such as car tires. I did not expect it to be relevant to this specific case, but yes: I guess children's clothing is an interesting one for this Regretsy charity drive; that said, they stated "toys", not "clothing", and I don't remember toys being on that exemp…

As an aside, the company that makes Jaffa Cakes, a popular biscuit in the UK, went to court to get their biscuits counted as cakes. Cheaper VAT. http://en.wikipedia.org/wiki/Jaffa_Cakes#Cake_or_biscuit.3F

Re: More Paypal nonsense

#137
post #13

I'm sure everybody knows by now, but this is certainly not the first time paypal has done this kind of thing: http://www.somethingawful.com/d/news/paypal-fiasco-summary.p... (slightly nsfw)

I know they are partially being tounge in cheeck, but Something Awful's Privacy Policy implies they should not be trusted with money:

We may share data with the following third parties: WHOEVER WE FEEL LIKE. IF A RANDOM BUM OFF THE STREET WANDERS IN HERE, WE'LL PROBABLY GIVE HIM YOUR IP ADDRESS IN EXCHANGE FOR A HAND JOB. These third parties will use the information as follows: EMOTIONAL BLACKMAIL.

Re: More Paypal nonsense

#139
post #103
post #87

Earlier quoted context omitted.

In the US you cannot run that company: if you accept money in exchange for goods (or even sometimes services), and are not a registered non-profit, you need to pay sales taxes on the sales, must declare any residual as income, and the people giving you the money cannot claim it as a write off. Regretsy is in the EU, not the US, but I don't believe that changes the point. In the EU, everything that is traded, whether…

I believe most people understand the difference between donating money to a "good cause" and making a tax-deductible donation to a registered charity. Making it difficult for an honest person to collect donations and forward the proceeds to the needy (where the donors have no expectation of any tangible good in return ), or forcing Boy Scouts to obtain a peddler's license to collect canned foods for a food bank, is s…

The EU PayPal is regulated as a bank in Luxembourg, they will have a very large number of responsibilities.
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