Find out if you need to pay tax on the sale of used things via the Internet

Selling used furniture, appliances, clothes over the Internet is a great way to get rid of unnecessary things, free up space in the house and at the same time earn money. Do I have to pay tax in this case? The answer was shared by the lawyer of the Minsk Regional Bar Association Maria Zagudaeva on the air of the ONT TV channel, writes sb.by.

Maria Zagudaeva noted that in accordance with the current legislation, individuals have the right to sell personal goods without paying taxes. This applies to both used and new products, such as clothes that do not fit in size.

- However, Article 208 of the Tax Code sets some limitations. This applies to real estate and vehicles. An individual can sell no more than one property within five years and no more than one vehicle during a calendar year without paying tax, the lawyer added.

According to her, some citizens are trying to disguise business activities as the sale of personal belongings. For example, they sell a number of dresses. Such activities are regarded as entrepreneurial. It can be carried out only after registration as an individual entrepreneur or the creation of a legal entity.

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