Several US states and countries worldwide have added Marketplace Facilitator Provisions to their sales tax laws. Bonanza is considered a Marketplace Facilitator, and is therefore responsible for calculating, collecting, and remitting tax for all sales made to buyers located in specific states, the European Union (EU), the United Kingdom (UK) and Australia (AU), regardless of the seller's location.
Your payment receipt will display a “Partner commission” or "Application fee" for the amount of the sales tax from the order total. This tax “fee,” paid by the buyer, will be deducted from your payment account each day and then submitted to Bonanza, who will remit the tax payment to the state’s Department of Revenue on your behalf.
