OMG Blizz get a lot of % fee for Commodities RMAH

[Gusgus]

For Commodities (gems, materials, dyes, pages, recipes, and other non-unique items)

Transaction Fee (Real-Money Auction House): 15% of final sale price
Transfer Fee (when sending proceeds to PayPal or other authorized payment-service provider): 15% of amount being transferred.

 

[CharlieHopkins]

Still have yet to actually sell gems RMAH

 

[Push]

Double taxation is illegal in most developed countries for a reason.

Too bad corporations aren't tied by the same bounds.

 

[adessis]

Double taxation is illegal in most developed countries for a reason.

Too bad corporations aren't tied by the same bounds.

Tax =/= fee

 

[Coocks]

I don't see a problem? There's a 15% Paypal fee, meaning you don't pay anything when the money lands in your Paypal account and a 15% AH fee. It seems reasonable for selling a couple of pixels your bot found...

 

[Push]

Tax =/= fee

Drawing a similarity between the two but thank you for pointing that out.

I don't see a problem? There's a 15% Paypal fee, meaning you don't pay anything when the money lands in your Paypal account and a 15% AH fee. It seems reasonable for selling a couple of pixels your bot found...

And what is Blizzard selling? A service on the sale of a couple pixels your bot found. Your point is?

 

[john88]

Better than paying $1 + 15%.

 

[Wiga]

No worse than eBay who if I am not mistaken owns Paypal, eBay takes a cut then Paypal takes a cut when you sell stuff.

 

[SkyCrown]

Not listed as a tax, transaction and transfer fees.


Example:

[TABLE="class: ecxitem-receipt"]
[TR="class: ecx"]
[TD="class: ecxfield-name"]Sale price[/TD]
[TD] $41.58[/TD]
[/TR]
[TR="class: ecx"]
[TD="class: ecxfield-name"] Transaction fee[/TD]
[TD] $6.24[/TD]
[/TR]
[TR="class: ecx"]
[TD="class: ecxfield-name"] Transfer fee[/TD]
[TD] $5.30[/TD]
[/TR]
[TR="class: ecx"]
[TD="class: ecxfield-name"] Applicable taxes[/TD]
[TD] $0.00[/TD]
[/TR]
[TR="class: ecx"]
[TD="class: ecxfield-name"] Your proceeds[/TD]
[TD] $30.04[/TD]
[/TR]
[/TABLE]

Tax liability is on the sellers shoulders, if and when.

Paypal 20k and above you will receive 1099MISC.

 

[Wramberg]

Its prolly because gems and stuff are gonna be sold so cheap that the 1 euro transaction fee has been changed to a 15% fee instead..
Afterall a gem has to cost more than 6,66 euroes for the 15% to exceed the standard 1 euro fee on items...
So in most cases we will probably save money Except on recipes maybe :S

 

[JohnWayne]

Paypal 20k and above you will receive 1099MISC.

For receiving 20k in one year or for having a balance of that amount?

 

[i0wnzurazz]

If you transfer more than a certain amount per year through paypal you better pay taxes on it because paypal will report it and you will get forms to fill out.

 

[SkyCrown]

For receiving 20k in one year or for having a balance of that amount?

Transferred into your paypal (20k per year). Check paypal TOS for exact amounts and details - when 1099MISC is issued..

All tax related liability from RMAH is on the shoulders of seller and buyers.

 

[xsol]

the real question is are people going to be willing to pay for gems etc?

 

[Gusgus]

the real question is are people going to be willing to pay for gems etc?

Why not?

No difference between a gem or a weapon/armor etc...

The question is : How much they are willing to pay for a gem

 

[xsol]

Why not?

No difference between a gem or a weapon/armor etc...

The question is : How much they are willing to pay for a gem

why would I give 25 cents for what I can just pay gold for or pick up on the ground? Every gem that drops is good, but 99.9999999999% of items that drop are worthless trash thus a reason to buy items and weapons and not gems is obvious even to me

 

[Gusgus]

I don t think ppl are going to buy flawless square if it s what you speaking of...

 

[xsol]

I don't think they will buy 90% of the radiant star emeralds etc that are already posted

supply > demand

at best it will drive gold value of gems up because people will hope to transmute and flip

 

[SkyCrown]

Sixty Perfect Star, Ten Radiant Stars sold in past three hours.

RMAH is working as intended on GEMS.

 

[xsol]

Sixty Perfect Star, Ten Radiant Stars sold in past three hours.

RMAH is working as intended on GEMS.

Thanks for answering the question. At what rate 0.25 per?