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Paying sales tax on US Coin/Currency sales
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<p>[QUOTE="coleguy, post: 995107, member: 9167"]The simple answer...yes, it is. Many states don't charge sales tax on coins, but some do. For instance, my state does, and if a dealer doesn't charge me, legally I'm still supposed to compensate the state. My neighboring state doesn't charge tax on coins, or clothing and food, so if I shop there I'm not obligated to pay taxes because I'm spending money outside my state. Each state has it's own laws on sales tax.</p><p>Guy[/QUOTE]</p><p><br /></p>
[QUOTE="coleguy, post: 995107, member: 9167"]The simple answer...yes, it is. Many states don't charge sales tax on coins, but some do. For instance, my state does, and if a dealer doesn't charge me, legally I'm still supposed to compensate the state. My neighboring state doesn't charge tax on coins, or clothing and food, so if I shop there I'm not obligated to pay taxes because I'm spending money outside my state. Each state has it's own laws on sales tax. Guy[/QUOTE]
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