Pattern library for online marketplaces (Etsy, eBay, Amazon Seller, AliExpress, Mercari, Depop, Vinted, Fiverr, Upwork, Toptal, Catalant, Andela, Patreon, Substack, Gumroad, Lemonsqueezy, Beehiiv, Whop) and recurring bank / payment-platform fees (wire fees, currency conversion, FX spreads, ATM fe…
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Built by Michael Cutajar and the OpenAccountants team. Written from the official sources it cites.
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Marketplace fee patterns
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Marketplace facilitator collection thresholds (US states)
Most US states (45+) require marketplaces above thresholds (typically $100k sales or 200 transactions) to collect and remit state sales tax on behalf of third-party sellers. Sellers report gross sales to marketplace but don't have independent sales tax obligation in those states for marketplace-facilitated transactions.[T1]
EU Marketplace Deemed Supplier rules (from 1 July 2021)
From 1 July 2021, EU Marketplace Deemed Supplier rules: - Distance sales of goods imported into EU ≤ EUR 150: marketplace deemed supplier (IOSS scheme) - B2C goods supply from a third country by a non-EU seller via marketplace: marketplace deemed supplier - Domestic B2C sales by non-EU seller via marketplace into EU consumer: marketplace deemed supplier[T1]
Form 1099-K reporting threshold
Reduced under American Rescue Plan to USD 600 from 2022; transition relief delayed: - 2024: USD 5,000 threshold - 2025: USD 2,500 - 2026 onwards: USD 600 (confirmed by OBBBA P.L. 119-21 July 2025) Form 1099-K is reported by third-party settlement organisations (Stripe, PayPal, marketplaces).[T1]
EU DAC7 platform reporting requirement
Council Directive (EU) 2021/514 requires reporting platforms to provide data on sellers' transactions to tax authorities. Effective 1 January 2023 for reporting 2024. Coordinates with OECD Model Rules for Reporting by Digital Platform Operators.[T1]
UK OECD model rules platform reporting
UK has implemented OECD model rules from 1 January 2024 for platforms with sellers of goods, services, accommodation, transport. Platforms must report seller data to HMRC.[T1]
Currency conversion accounting treatment
Multi-currency transactions create FX gain/loss: - IFRS: IAS 21 — settle at spot rate at transaction; revalue monetary items at closing rate - US GAAP: ASC 830 — same principle Bank-imposed FX spreads (e.g., 0.5% above interbank) are typically classified as bank charges, not FX loss. Strict accountants reclassify as a finance cost.[T1]
VAT exemption on bank fees
Most bank fees are exempt from VAT under "financial services" exemption (Article 135 PVD; IRC ITA s.135; etc.). Specific advisory or non-financial services from a bank may be taxable.[T1]
Rendered from the canonical facts model. General reference only — confirm with a qualified professional before acting.
For a freelancer or e-commerce seller, marketplace transactions involve gross sales, fees, and platform-collected sales tax / VAT. Bank statements show only the net deposit.
Marketplace fee patterns
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Marketplace fee patterns table (1.1 Marketplace fee patterns)
| Marketplace | Bank statement variations | Fee structure | VAT/GST notes |
|---|---|---|---|
| Etsy | ETSY.COM, ETSY*PMT, ETSY IRELAND | Listing fee + 6.5% transaction + 3% + USD 0.25 payment processing | Etsy Ireland for EU; collects EU OSS VAT on B2C |
| eBay | EBAY INC, EBAY COMM PMT, EBAY EUROPE | 12.9% + USD 0.30 (FVF); plus optional store subscription | EU marketplace deemed-supplier rules; collects VAT on imported goods ≤ EUR 150 (IOSS) |
| Amazon Seller | AMAZON SELLER, AMAZON PAYMENTS, AMAZON SERVICES EUROPE, AMAZON MKTPLACE PMTS | Referral fee 6-45% by category; FBA fees; ad fees | Amazon collects "marketplace tax" in US states; EU/UK deemed-supplier for imports ≤ EUR/£150 |
| AliExpress | ALIEXPRESS.COM, ALIBABA.COM | n/a (buyer-side) | Buyer-side patterns mostly |
| Mercari | MERCARI.COM | 10% selling fee + payment processing | US / Japan operations |
| Depop | DEPOP LTD | 10% + payment fee | Etsy subsidiary |
| Vinted | VINTED UAB, VINTED LTD | Buyer-side fee (no seller fee); shipping fee | Lithuania HQ; EU marketplace |
| Fiverr | FIVERR INTERNATIONAL, FIVERR.COM | 20% Fiverr commission (5% of gig + 15% withhold) | Israel HQ |
| Upwork | UPWORK INC, UPWORK GLOBAL | 10% client fee + freelancer membership tiers | US HQ |
| Toptal | TOPTAL LLC | Variable commission | US HQ |
| Catalant | CATALANT TECH | Commission | US HQ |
| Patreon | PATREON INC, PATREON* | 8-12% by tier + 2.9% + USD 0.30 payment processing | US HQ |
| Substack | SUBSTACK INC | 10% + Stripe processing | US HQ |
| Gumroad | GUMROAD INC | 10% + Stripe processing | US HQ |
| Lemon Squeezy | LEMON SQUEEZY, LEMONSQUEEZY | 5% + USD 0.50 + Stripe; collects sales tax for sellers | Acquired by Stripe 2024 |
| Beehiiv | BEEHIIV INC | Tiered subscription + ad share | US HQ |
| Whop | WHOP INC | Commission on digital products | US HQ |
| OnlyFans | OF*ONLYFANS, FENIX INTL LTD | 20% platform fee | UK HQ (Fenix International) |
| Twitch | TWITCH INTERACTIVE | Revenue share with Amazon | Amazon subsidiary |
| YouTube Creator | GOOGLE *YOUTUBE, GOOGLE PAYMENTS | Ad share + Super Chat etc. | Google Ireland for EU |
Recurring fee patterns table (2.1 Recurring fee patterns)
| Pattern | Bank statement variations | Default category |
|---|---|---|
| Wire fee | WIRE FEE, OUTGOING WIRE, INTERNATIONAL WIRE | Bank charges / Other expenses |
| Currency conversion fee | FX FEE, FOREIGN EXCH FEE, CURRENCY CONVERSION, 0.5% INTL FEE | Bank charges / Currency loss |
| ATM fee | ATM FEE, OUT-OF-NETWORK ATM, INTERAC FEE | Bank charges |
| Monthly account fee | MONTHLY FEE, ACCT MAINT FEE, BANK ACCOUNT FEE | Bank charges |
| Overdraft fee | OVERDRAFT FEE, NSF FEE, INSUFFICIENT FUNDS | Bank charges (note: deductibility may be restricted by purpose) |
| Returned cheque fee | RETURNED CHK FEE, RETURNED ITEM FEE | Bank charges |
| PayPal sending fee | PAYPAL *FEE, PYPL FEE | Bank charges / Payment processing |
| Stripe transaction fee | STRIPE FEE, STRIPE *PROCESSING | Bank charges / Payment processing |
| Card swap / replacement | CARD REPLACEMENT, NEW CARD FEE | Bank charges |
| Wire receive fee | WIRE RECEIVED FEE, INTL WIRE IN FEE | Bank charges |
| Inactivity fee | INACTIVITY FEE, DORMANT ACCOUNT FEE | Bank charges |
| Foreign transaction fee (card) | FOREIGN TRANSACTION FEE, 3% FX | Bank charges / Currency loss |
| SWIFT fee | SWIFT FEE, SWIFT MSG FEE | Bank charges |
| Verified by Visa | VBV FEE | Bank charges |
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