Not just their own federal tax but also sales tax, car tax, local tax. Do they have an equivalent of county tax? Add that too.
Here in the US, 45% of my income goes to all these taxes. Do they really pay more taxes than us?
Now I made 2000 in sales and profit of 800, how do I aviod self employment estimate taxes if I make even more next year? I dont want to pay taxes every quarter. So if anybody can give me a complete detail answer on ebay taxes, you will get best answer.