That is quite ridiculous. The government never ceases to amaze me on how much control they try to assert over all things period.
Granted it states: "reporting is required only if gross amounts for the year exceed $20,000 and there are more than 200 transactions."
But nonetheless it is tightening internet sales which will eventually go further and further to make the internet the same as real life commerce in the sense that only the big boys will be able to afford to play the game, so to speak. Massive megacorps will take over the internet more than it has and ultimately small business will be pushed out. My city used to have a thriving local economy until... megacorps moved in pushing out the small businesses due to lower costs and prices due to mass marketed cheap products produced and stored in high volume. The internet was a more level field of play in commerce until more recently.
Granted it states: "reporting is required only if gross amounts for the year exceed $20,000 and there are more than 200 transactions."
But nonetheless it is tightening internet sales which will eventually go further and further to make the internet the same as real life commerce in the sense that only the big boys will be able to afford to play the game, so to speak. Massive megacorps will take over the internet more than it has and ultimately small business will be pushed out. My city used to have a thriving local economy until... megacorps moved in pushing out the small businesses due to lower costs and prices due to mass marketed cheap products produced and stored in high volume. The internet was a more level field of play in commerce until more recently.
It's because they are desperate for money. This is what happens when govts run deficits people - they start to claw around and tax everything that moves.
