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<p>[QUOTE=&quot;Del Pinto, post: 2080965, member: 73128&quot;]Thanks jeffB-</p><p>I&#039;m not political, and I&#039;m not religious. I&#039;ve illustrated how common and acceptable this specific sales tax topic is; indeed, it&#039;s critical to our understanding whether or not the LCS is competitive. It&#039;s all about the math.</p><p><br /></p><p><br /></p><p><br /></p><p>We certainly can avoid pay extra for s/h - click the &quot;Free Shipping&quot; box on the eBay search. Read the fine print for insurance, registered, etc., but most would probably find that extra cost unnecessary, if optional, for a small purchase.</p><p><br /></p><p>Smaller bullion purchases are clearly indicated as 12.875% in NYC, 8.75% in Buffalo, 8. in Rochester, etc. You&#039;d still owe that, even if the vendor was out of state and didn&#039;t factor that &quot;use tax&quot; on your bill.&nbsp; I don&#039;t see the legitimate case where it&#039;s waived for small bullion buys online.</p><p><a href="http://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/st/use_tax_for_individuals.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/st/use_tax_for_individuals.htm" rel="nofollow">http://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/st/use_tax_for_individuals.htm</a></p><p><br /></p><p>Still assuming Littleton&#039;s premium is &quot;highly competitive&quot; compare:</p><p><br /></p><p>Buying 5 Ozt ASEs from Littleton Coin (Spot @$17.23; 21.98*5 +6. Postage = $111.) someone in NYC would still owe $13.50 in tax, a true cost basis of $124.45. or $24.90 per ASE. It stands to reason the NYC LCS would be &quot;competitive&quot; offering an ASE for $23.70 - 24.90 (including NYC sales tax.) That cost basis looks high, at 37.6% - 44.5% and warrants saving for a larger $1k purchase that&#039;s taxed lower, 8.875%?[/QUOTE]</p><p><br /></p>

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