Marketplace Facilitator Tax-Principal

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    John Wiz
    Beginner
    US

    From the mange orders, I have a scene a term called Marketplace Facilitator Tax-Principal through which amazon collects some amount. What is that and why amazon collects that amount using that term?

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      SAVAGE
      Beginner
      US

      A marketplace Facilitator means a marketplace that provides a medium for third-party sellers to promote their business. In this case, Amazon is marketplace facilitator and according to Marketptheplace Facilitator Tax-Principal, the marketplace facilitator is responsible for collecting sales tax from the customers and remit them to govt.

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