eBay Main Street

The new ePaymentsCode will take full effect this week, formally taking over from its predecessor, the Electronic Funds Transfer Code (EFT Code), following an 18-month transition period. The ePaymentsCode is an important tool in the regulation of electronic payment products in Australia and provides a best practice consumer protection regime for electronic payments.

Today, a number of tech and taxpayer advocacy groups announced their opposition to an Internet sales tax amendment that is being offered by Senators Mike Enzi (R-WY) and Dick Durbin (D-IL) during the debate on the Senate Budget Resolution.

Today, Senators Mike Enzi (R-WY) and Dick Durbin (D-IL) are offering an amendment to the Senate Budget Resolution that would create a framework for future legislative action to create a new Internet sales tax regime that would allow state tax enforcement agents from one state to impose tax burdens on businesses located across the country. eBay Inc. strongly opposes attaching any Internet sales tax language to the Senate Budget Resolution.

Yesterday the U.S. Supreme Court issued its opinion in an important copyright case, Kirtsaeng v. Wiley. The 6-3 opinion ensures that books and other copyright goods that are made overseas can be sold in the United States without the permission of the copyright holder. This is a great outcome for eBay sellers and a true victory for all American consumers and businesses.

Did you know that the highest skyscraper in the world is in Dubaï? That the richest man on earth is Mexican? That the biggest plane is manufactured in Russia? That Macao is now the #1 gaming place before Las Vegas? That the average age in Canada is 40, when it is 26 in India? That in 2020, 61% of the world's wealth will come from emerging markets?

On Monday, March 11th, PayPal General Counsel and Vice President, John Muller, testified as an expert witness before the California Assembly Banking & Finance Committee during an informational hearing entitled “Emerging Technology and The Money Transmission Act”.

The European Commission has published the results of a questionnaire asking micro, small and medium-sized businesses for input on what they view as the most burdensome legislation in Europe. We encouraged eBay sellers to contribute their views, and we are confident many sellers did.

On March 5-6, 14 eBay sellers from across the United States represented the eBay Inc. community on Capitol Hill during the 8th annual U.S. of eBay Seller Fly-In event in Washington, D.C.  The event included a group dinner and a full lobbying day on March 6.

Prior to the Retail Leaders Forum, producer Nigel Freitas spoke to Jeff Clementz, Vice President and Managing Director of PayPal for Australia and New Zeland, about how eBay Inc. can facilitate and enable commerce for Australian retailers.