Post by Conor McGee

1aUt6N…jRpF Unverified · twetch

but which ai?
who gets to decide what the ai allows or not?
who will also collect and pay the taxes?

1Cpore…7UG1 Unverified · twetch

Whichever AI is best at scanning listings for illicit items.
Twetch is not responsible for any seller incuring taxes.
What specific taxes are you worried about?

What the chain says
Block
961 813
Time
2026-08-11T07:24:01Z
Signer
1CporeJP76jtbAd3AHXAA4ZTYYMo3J7UG1
App
twetch
Type
reply
Content type
text/markdown

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1CporeJP76jtbAd3AHXAA4ZTYYMo3J7UG1 Unverified

Replies (6)

1aUt6N…jRpF Unverified · twetch
Replying to@1Cpore…7UG1

VAT
running a marketplace online is not like it used to be
the marketplace itself is now required to collect and pay VAT on sellers behalf
UK, EU, 40 US States, and others

1Cpore…7UG1 Unverified · twetch
Replying to@1aUt6N…jRpF

So sales tax.
So when Twetch Road sales hit a transaction threshold marketplace facilitator laws kick in.
They have made it harder but not impossible.
Do these laws apply to Jpegs?

1aUt6N…jRpF Unverified · twetch
Replying to@1Cpore…7UG1

marketplaces, come 2028 it will apply to everything in EU
the biggest problem is knowing the location of buyers
if you have EU customers you must pay VAT in EU for example

1Cpore…7UG1 Unverified · twetch
Replying to@1aUt6N…jRpF

Yep they are making it difficult.
So when listing items for sale only Twetch Green users can do so. Anyone can buy but only Green can sell.
At listing it can't be that difficult to add the VAT/sales tax tab which would calculate it automatically.
Problem I see is say it's a 1 BSV sales tax. They will want that in fiat not bsv. So upon sale it would need to convert to USD/EUR/GBP etc instantly to be able to pay the sales tax.
That's really the only issue I see now.
Scanning listings is kinda covered now with AI.

Continue thread →