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Ebay taxing coin sales in Illinois
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<p>[QUOTE="medoraman, post: 8354886, member: 26302"]Sure, but I am just commenting on how companies perceive this issue. If I do not collect the sales tax from the consumer I owe it, whereas if I collect it and remit to the state most consumers do not notice and I have zero risk of paying the tax in the future. So, most companies frankly overcharge sales tax, since they only really have the risk of the state auditing them and assessing tax on one side, and almost zero risk they will have anything negative from overcharging taxes. I have seen the state audits, the state might acknowledge you did not need to charge sales tax for X, but they never make any attempt to refund it back to consumers, and do not assess fees on the company for doing so. They are fat and happy. It is always up to the consumer to fight to minimize sales taxes unfortunately, the state and companies have every incentive to not minimize them for you.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 8354886, member: 26302"]Sure, but I am just commenting on how companies perceive this issue. If I do not collect the sales tax from the consumer I owe it, whereas if I collect it and remit to the state most consumers do not notice and I have zero risk of paying the tax in the future. So, most companies frankly overcharge sales tax, since they only really have the risk of the state auditing them and assessing tax on one side, and almost zero risk they will have anything negative from overcharging taxes. I have seen the state audits, the state might acknowledge you did not need to charge sales tax for X, but they never make any attempt to refund it back to consumers, and do not assess fees on the company for doing so. They are fat and happy. It is always up to the consumer to fight to minimize sales taxes unfortunately, the state and companies have every incentive to not minimize them for you.[/QUOTE]
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