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<p>[QUOTE="Burton Strauss III, post: 25248257, member: 59677"]The latter, but I wonder if they are wrong. </p><p><br /></p><p>In the Wayfair decision, the reasoning of SD - which the Supreme Court upheld - was "To that end, the Act requires out-of-state sellers to collect and remit sales tax “as if the seller had a physical presence in the state.”"</p><p><br /></p><p>Wayfair allows the states to enact laws that require out-of-state marketplaces/facilitators to collect/remit sales taxes if they pass some threshold (if they don't collect it you are legally obligated to pay use tax per your state's regulations - that's a different discussion).</p><p><br /></p><p>If you, with say an Ohio address are the buyer but ship to Texas, I don't know that Wayfair clearly said which set of rules applied. What happens if you go into a store in Ohio and buy something to ship to Texas? I'm guessing that is what would happen if you have your coins delivered to Texas.</p><p><br /></p><p>NY, NJ, CT used to have a tax treaty that required merchants to collect NY taxes on packages purchased by NY residents even if shipped to NJ/CT... it was technically mutual, but the NY taxes were - in those days - much higher than the other states. It ended the practice of going to Fortuneoff in Paramus to buy your jewelry and have it shipped to a friend in NJ or CT - to be picked up the next time you had dinner. Buy a diamond tennis bracelet and you could afford to BUY dinner from the savings... just saying.[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 25248257, member: 59677"]The latter, but I wonder if they are wrong. In the Wayfair decision, the reasoning of SD - which the Supreme Court upheld - was "To that end, the Act requires out-of-state sellers to collect and remit sales tax “as if the seller had a physical presence in the state.”" Wayfair allows the states to enact laws that require out-of-state marketplaces/facilitators to collect/remit sales taxes if they pass some threshold (if they don't collect it you are legally obligated to pay use tax per your state's regulations - that's a different discussion). If you, with say an Ohio address are the buyer but ship to Texas, I don't know that Wayfair clearly said which set of rules applied. What happens if you go into a store in Ohio and buy something to ship to Texas? I'm guessing that is what would happen if you have your coins delivered to Texas. NY, NJ, CT used to have a tax treaty that required merchants to collect NY taxes on packages purchased by NY residents even if shipped to NJ/CT... it was technically mutual, but the NY taxes were - in those days - much higher than the other states. It ended the practice of going to Fortuneoff in Paramus to buy your jewelry and have it shipped to a friend in NJ or CT - to be picked up the next time you had dinner. Buy a diamond tennis bracelet and you could afford to BUY dinner from the savings... just saying.[/QUOTE]
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