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<p>[QUOTE=&quot;fusiafinch, post: 901613, member: 18382&quot;]Duke, it&#039;s my understanding of the Teletrade rules regarding the sales tax requirement is that your TOTAL coins purchases must equal or exceed $1500 to avoid the sales tax. The price for each lot is the bid PLUS buyer&#039;s fee, and the total of these must be at least $1500. So I believe you would not be charged sales tax in your example above.</p><p><br /></p><p>It&#039;d be a real bummer to have $1499 in purchases.</p><p><br /></p><p>Now, if I did the arithmetic right, with a 15% buyer&#039;s fee, any bids totalling $1305 or more would be exempt from sales tax in CA.[/QUOTE]</p><p><br /></p>

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