Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What about your state sales tax laws?
>
Reply to Thread
Message:
<p>[QUOTE="illini420, post: 1194273, member: 19423"]That is not correct.</p><p> </p><p>Coins and bullion are taxed in California at the normal sales tax rate, but purchases totalling $1500 or more are exempt from the tax.</p><p> </p><p>Additionally, if you buy $1500 or less in coins or bullion from an out of state seller who doesn't charge you CA sales tax, you still owe the tax to California as "use tax" which you pay on your annual indivdual income tax returns.[/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 1194273, member: 19423"]That is not correct. Coins and bullion are taxed in California at the normal sales tax rate, but purchases totalling $1500 or more are exempt from the tax. Additionally, if you buy $1500 or less in coins or bullion from an out of state seller who doesn't charge you CA sales tax, you still owe the tax to California as "use tax" which you pay on your annual indivdual income tax returns.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
What about your state sales tax laws?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...