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Why I stopped buying world coins on eBay or from US dealers … sales tax
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<p>[QUOTE="calcol, post: 24793759, member: 77639"]For tangible goods, like coins, the delivery address rather than the billing address is used to calculate sales tax. Nevada has no income tax but does have sales tax similar to Calif. Only 5 states charge no sales tax. The closest to me is Oregon. Not sure double shipping, double insurance, service charge and delay would make a remailing service worthwhile for less expensive coins. Link below has good discussion of sales tax issues for out-of-state purchases.</p><p><br /></p><p>If ever there was an issue that needs simplification through Federal legislation, this is one. A uniform sales tax paid to the IRS by merchants at no more than quarterly intervals with the IRS then distributing lump sums to individual states would be one approach. The distribution to a state would be based on the sales to that state and the average sales tax rate in the state. The average rate for a state would be negotiated between the state and IRS. A merchant would have to deal with only two entities for sales tax: their state of residence and the IRS. At tax time, the merchant sends the IRS a list of states to which taxable goods were shipped and the total value shipped to each state. But only pays one tax based on the total value shipped and the uniform tax specified by IRS. The sales tax division of IRS would be separate from the income tax division, and they could not share info except with a court order.</p><p><br /></p><p>Cal</p><p><br /></p><p><a href="https://www.avalara.com/blog/en/north-america/2023/06/is-sales-tax-based-on-shipping-address.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.avalara.com/blog/en/north-america/2023/06/is-sales-tax-based-on-shipping-address.html" rel="nofollow">https://www.avalara.com/blog/en/north-america/2023/06/is-sales-tax-based-on-shipping-address.html</a>[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 24793759, member: 77639"]For tangible goods, like coins, the delivery address rather than the billing address is used to calculate sales tax. Nevada has no income tax but does have sales tax similar to Calif. Only 5 states charge no sales tax. The closest to me is Oregon. Not sure double shipping, double insurance, service charge and delay would make a remailing service worthwhile for less expensive coins. Link below has good discussion of sales tax issues for out-of-state purchases. If ever there was an issue that needs simplification through Federal legislation, this is one. A uniform sales tax paid to the IRS by merchants at no more than quarterly intervals with the IRS then distributing lump sums to individual states would be one approach. The distribution to a state would be based on the sales to that state and the average sales tax rate in the state. The average rate for a state would be negotiated between the state and IRS. A merchant would have to deal with only two entities for sales tax: their state of residence and the IRS. At tax time, the merchant sends the IRS a list of states to which taxable goods were shipped and the total value shipped to each state. But only pays one tax based on the total value shipped and the uniform tax specified by IRS. The sales tax division of IRS would be separate from the income tax division, and they could not share info except with a court order. Cal [URL]https://www.avalara.com/blog/en/north-america/2023/06/is-sales-tax-based-on-shipping-address.html[/URL][/QUOTE]
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Why I stopped buying world coins on eBay or from US dealers … sales tax
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