Two of the hottest concert tours of the summer, Beyonce’s Renaissance World Tour and Taylor Swift’s The Eras Tour, sparked a national conversation on the way online marketplaces and ticket resellers exploit diehard fans looking to have some fun. Now, the Internal Revenue Service is tightening its grip around ticket scalpers who resold tickets to major concerts and sporting events and raked in more than $600 this year. As the Wall Street Journal reports, the new law from the IRS is requiring ticket sellers like Ticketmaster and Stubhub to fo ...
Season-ticket holders past and present are outraged that the New England Patriots can now act like Big Brother and revoke seats from thousands of fans who resold tickets on StubHub.com. The organization won a controversial court battle yesterday and now has the name of every fan who sold tickets on the Internet service. “I should be able to do whatever I want with them, I bought the tickets,” said one longtime season-ticket holder who did not want his name used for fear of retaliation. “If they went after StubHub and they won, the next av ...
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A reseller is a company or individual (merchant) that... a reseller's product fulfillment–based business model includes a corporate reseller, retail seller, direct market reseller...
So he started a side business, asking family and friends back home to ship him foreign editions of textbooks that often can be bought more cheaply overseas. Kirtsaeng resold them online and made money, but he was sued for copyright infringement and lost. That decision was appealed and the case is now before the Supreme Court, which will hear arguments on Monday in a dispute that has attracted interest from the Obama administration, media and publishing companies, and a range of consumer and reta...
If you cashed in this summer by reselling tickets to Taylor Swift’s “Eras Tour” or Lionel Messi’s first games in a bubblegum-pink jersey, brace yourself to pay taxes. A new law...
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serious reseller also has to pay for access to extra-fast... These costs are causing the casual reseller to leave the game... 22-year-old reseller who ships anywhere from 100 to 200 shoes...
“So how do they define ‘commercial reseller?’ Do you have to attend like 50 per cent of the games to not get flagged? Or you can sell every single ticket from your membership as long...