Are there tax implications for selling through this platform?
Commission fees imposed by Kaffea-X to sellers located within the United States may be subject to state and/or local sales tax, as required by applicable laws and regulations. The specific tax rate applied will vary depending on the jurisdiction in which the client is located.
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How will I receive the settlement amount for coffee sold on Kaffea-X platform?
Upon completion of a trading subscription to Kaffea-X, an escrow account will be automatically initiated on your behalf using the registering email address and an email prompt will be sent with further instructions to complete escrow verification. ...
Who covers return costs if a buyer is unsatisfied?
After the contract is confirmed on the Kaffea-X platform and relevant contracts are signed in the event of subsequent settlement exceptions, parties may initiate dispute or arbitration proceedings under the terms of the applicable GCA or ECFA.
Are there any additional transaction fees?
All transactions on the Kaffea-X platform is subject to a 1% commission payable by the seller. Trades that are settled via the third-party settlement agent escrow.com additional transaction and payment processing fees may apply to both parties, the ...