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California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [ 2] Sales tax is calculated by multiplying the purchase price by the applicable tax rate. The seller collects it at the time of the sale.
Resale price maintenance—fixing prices—goes further than suggesting prices, and is illegal in many countries. [ citation needed ] Retailers may charge less than the suggested retail price, depending upon the actual wholesale cost of each item, usually purchased in bulk from the manufacturer, or in smaller quantities through a distributor .
First-sale doctrine. The first-sale doctrine (also sometimes referred to as the "right of first sale" or the "first sale rule") is an American legal concept that limits the rights of an intellectual property owner to control resale of products embodying its intellectual property. The doctrine enables the distribution chain of copyrighted ...
But they are making dents – for instance, The RealReal is on track for $200 million in revenue this year. Meanwhile, some reports that eBay sees $2 billion to $4 billion in luxury goods sales ...
Vera Bradley and On running shoes boast dedicated resale sites, while EBay U.K. links with Reskinned to offer repaired goods as an extension of its marketplace.
Ebay is expanding its investment in eBay Valet, its assisted selling service which connects consumers with merchants who will sell items on their behalf for a split of the proceeds, with the ...
Ebay is not taking the rise of fashion resale businesses targeting high-end clientele lying down. The over 20-year old marketplace today announced it will launch a new authentication program ...
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers ( wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the ...
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