HYPEBEASTのインスタグラム(hypebeast) - 9月26日 00時25分
Following exorbitant concert ticket prices both on the retail and secondary markets, the Internal Revenue Service is now set to tax concert ticket resellers.
The new law targets those who make more than $600 USD from reselling tickets starting this year. The updated law, a part of the American Rescue Plan Act, will see companies like Ticketmaster now need to report if customers generated more than $600 USD in profit.
Photo: Getty Images
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