Re: [meteorite-list] Ebay, Websites and State Taxes
So sorry, You are very mistaken, The real power is the 400 individuals who's wealth equals that of The lower 150,000,000 Americans - the top 7% of wealthy have more Than the lower 93%. These power elite finance Republican office holders and extravagant Lobbyists. The entire point of which is to insure the taxes of the Uper-rich Do not increase even 1/2 of 1%. The math is simple - they can afford vast Financing of the above cheaper than to pay even 1/2 of 1% more taxes - not To mention being SURE that the REAL leaches - bug businesses they own maintain sufficient loopholes to insure zero taxes. When Reagan was governor of CA he released his tax returns. He paid ZERO taxes - and it was all legal. The concentrated wealth will always be the real controllers unless, and it is most unlikely, the population wakes up. They maintain Fox and other vast resources of media to be sure that never happens and to keep the Masses fighting straw dogs (like welfare and immigration) while the HUGEST Percentage of our tax dollars go to a military larger than the combined militaries of the next 17 most powerful nations in the world. (are we safe?) Who is selling the hardware to the military - those same wealthiest People. Arguing about anything else is playing into their hands. Watch out for the drones. Michael On 5/7/13 8:55 AM, Jodie Reynolds spacero...@spaceballoon.org wrote: Hello Martin, First of all, Adam, I noticed, watchin my niecesnephew, that the U.S.-educational system attaches importance to impart patriotism. Just the opposite. Our current educational system is intended to indoctrinate Socialism to as wide an extent as possible. Adam, isn't paying taxes an act of patriotism? No. In fact: the tipping-point for the founding of our country was the protest of excessive taxation and taxation without representation. Our system of taxation is armed thugs pointing a gun at your head and demanding one pay the protection fees or suffer the consequences. Those fees go into supporting the purchase of more power and more leverage - the remainder goes to support the half of the country that doesn't have to pay taxes, the intent of course being to buy those votes thereby insuring the continuation of the reign of terror, and the increase of burden assumed by the producers to support the leeches. Right now, we're only required to collect sales tax for states where we have a physical presence. In our case, five states. With the new system, we'd be required to completely change the business rules in our systems, and assume the burden of having to distribute those funds which is a tremendous expense in accounting. The upshot is that everything in our catalog will go up by 10% to the end-user to cover the increased overhead. [Our attorney assures me I couldn't get away with instituting a big-government support test and adjusting the end-user prices based on that, so everyone has to pay.] The idea behind state taxes being collectable in that state and not outside of it was to prevent the Stupid of individual states from splattering into less stupid states. The King of Stupid has other ideas, however, and once they started dumping on the Tenth Amendment to the Constitution of the United States, they just haven't stopped. Germany: Yeah, my grandmother sacrificed everything to escape, my mom in swaddling, because America promised something better. Sucker! --- Jodie __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Jason, Even in California, someone is usually required to pay the tax. States learned this early on to level the playing field between interstate and intrastate dealers. If I remember right California calls this a Use tax and it does apply to online sales in California revenue law. Use tax is one of the most abused taxes on the face of the planet. I would be safe in saying that the vast majority of any sale is taxable between any state in the union. Jim On Mon, May 6, 2013 at 9:18 PM, Adam Hupe raremeteori...@yahoo.com wrote: Jason, I will not argue the point anymore here on the List. It is turning into a purely political discussion. I just wanted to make online sellers aware that there may be some more excess taxation on the horizon. Just for the record, I believe in paying my fair share but dislike seeing it wasted on big government. Perhaps you can study the bill more, write a report and send it somebody who cares about another piece of misleading legislation. Many states already collect taxes on minor sells, including garage sales and swap-meets. I know because I used to live in such a state. The million dollar limit is a myth to mislead people like yourself. Wait until you need to send a 1099 to your paper boy who is trying put himself though college and then get back to me. That's right, you don't read a paper and get all your information from the interment which must make it true so don't bother responding unless you absolutely need to get the last word in. Either way, I don't care, . Adam . - Original Message - From: Jason Utas meteorite...@gmail.com To: Adam Hupe raremeteori...@yahoo.com Cc: Sent: Monday, May 6, 2013 8:56 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Hello Adam, So...you can read that the million-dollar lower limit applies, no matter what. Right? So the small guy is fine. Jason www.fallsandfinds.com On Mon, May 6, 2013 at 7:21 PM, Adam Hupe raremeteori...@yahoo.com wrote: You can read, great Thus you found the small print. The state is in charge therefore the small guy will take a beating. Adam - Original Message - From: Jason Utas meteorite...@gmail.com To: Meteorite-list meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 7:10 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, You're not telling the truth. SMALL SELLER EXCEPTION.-A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding $1,000,000. For purposes of determining whether the threshold in this subsection is met- 1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or 2) persons with 1 or more ownership relationships shall also be aggregated if such relationships were designed with a principal purpose of avoiding the application of these rules. http://www.marketplacefairness.org/bill-text/ This also clears up the issue of whether or not a brick-and-mortar store would have to accrue a total of $1,000,000 in sales -- versus $1,000,000 in exclusively internet sales -- before being forced to pay/charge taxes on online purchases. It's internet-only. In other words, if your business grosses ~$1,500,000 in in-store sales, but only sells $500,000 of merchandise online, you still wouldn't have to pay any online sales tax. Unless your state has preexisting provisions that require you to do so. Furthermore, the enforcement of this tax policy will be up to the states. In other words, they can choose to enforce it (or not) as they see fit. I'd read the document; it's only five pages. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 7:09 PM, Jason Utas meteorite...@gmail.com wrote: Adam, You're not telling the truth. SMALL SELLER EXCEPTION.-A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding $1,000,000. For purposes of determining whether the threshold in this subsection is met- 1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or 2) persons with 1 or more ownership relationships shall also be aggregated if such relationships were designed with a principal purpose of avoiding the application of these rules. http://www.marketplacefairness.org/bill-text/ This also clears up the issue of whether or not a brick-and-mortar store would
Re: [meteorite-list] Ebay, Websites and State Taxes
Hi Jim, Adam, Jason, Sires.. Danger Mouse can't shut his mouth, whenever he hears over the pond the whining about taxes. Maybe you could take the following not as derision, but as a consolation to calm your worries, when I now demonstrate, how the taxdues situation is for the various German meteorite dealers, here in Europe, the birthland of meteorites and meteorite collecting. Hence such dealers, who you all esteem since many years for their assortments, offers and finally their prices. People like the Karls, Andi Gren, Siggi Haberer, Mirko Graul to mention a few only, or if you use ebay, Stephan Decker, Tim Gueldenpfennig and so on.. (And can't remain silent, as I'm fighting now for several months with the German offices, to get my pre-payments of taxesdues back, for the last year, where due to a disease I nearly wasn't able to work, so that currently I have to occupy myself with that matter). First of all, Adam, I noticed, watchin my niecesnephew, that the U.S.-educational system attaches importance to impart patriotism. (To a much higher extend as it would be possible in Germland with its evil history). Adam, isn't paying taxes an act of patriotism? Now, join with me a ride through the tunnel of horror and learn, what your colleagues from the old world, and they aren't all communists, are paying as a matter of course from their revenues - and note, that it is still possible for them to work in that profession, hence most probably the U.S.-sellers will be able to do so too. Germany: Sales tax. Yep, we dealers have to collect sales taxes for the state for all sales within the European Union. If a European collector purchases a stone from the U.S.-seller, he has to pay that tax directly to the state. Hence don't be worried, at least with your overseas sales nothing will change, as your clients there already pay your price + their domestic sale tax. In Germany the sales tax on meteorites as an exception of a mineral collectible is 7% of the price+shipping. If you have bad luck and you meet an officer, who is not of the opinion, that your meteorite sample is an unique mineral collectible, you pay the general sales tax rate of 19%. (and then you can fight 2 years forth and back, until you'll get back your 12% excess. Sounds strange, but it's due to us having, what a fun, approx. 70,000 individual tax regulations, where you have to know such funny things, that cauliflower is in the opinion of the Republic no vegetable, but broccoli is). Small business is exempt from sales taxes. And is defined as a business which generates less than 23,000$ turnover (turnover and not profit) per year. The sales tax is shared between the Republic and the federal states. Obama-Care: Comes already now into play. Cause you have to pay a percentage from you brut profit, hence still before deducting all the taxes. The compulsory health and long term care insurance costs a little more than 15% of your brut profit. But minimum for the self-employed even if he does earn almost nothing: 5,700$ per year. (And if you want to have the same benefits like employees, you have to pay more). Business Tax: We have to pay of course too, as soon as we have a turnover per year larger than 32,000$. It is a local tax, the height is appointed by the city/commune and varies therefore strongly. Highest rates you pay in such cities like Munich, where everyone wants to live. In ugly towns like Berlin it's much cheaper, half of it. In my case a few thousands per annum. Church Tax: A specialty in Germany, a relic from the secularization 200 years ago. If you're a member of the catholic or protestant church, the state collects from you for the clergy taxes. It's a federal tax, difficult to calculate, a couple of hundreds per year. Retirement arrangements. If you don't want to work as a meteorite dealer as long as a Nininger did and until you peg out, you have to pay an annuity insurance. Currently that is still voluntary, though government has already plans, to make it mandatory for self-employeds with a minimum due of around 9,000 - 12,500$ per annum. Solidarity tax From that, what still remains, we are charged with that special tax of 5.5%. Some 20 years ago the federal german republic purchased the german democratic republic in the East. After the western government had sold there everything at ballpark prices, which socialism hadn't destroyed yet, they found out that the new country was vast and empty and that one had to rebuilt it, since then we pay that tax and now the infrastructure and the villages in the East look much better than in my Bavaria. Income tax: Finally, finally we are allowed to pay our income tax! If the sum of all your incomes of all the sources you have exceeds 11,000$ per year, you have to pay income tax. Depending of the height of your income the rate starts at 14% and ends at 45% (in autumn is election afterwards 51% are possible). For meteorite collectors there exist no concept of sales of collecting stuff.
Re: [meteorite-list] Ebay, Websites and State Taxes
Hello Martin, First of all, Adam, I noticed, watchin my niecesnephew, that the U.S.-educational system attaches importance to impart patriotism. Just the opposite. Our current educational system is intended to indoctrinate Socialism to as wide an extent as possible. Adam, isn't paying taxes an act of patriotism? No. In fact: the tipping-point for the founding of our country was the protest of excessive taxation and taxation without representation. Our system of taxation is armed thugs pointing a gun at your head and demanding one pay the protection fees or suffer the consequences. Those fees go into supporting the purchase of more power and more leverage - the remainder goes to support the half of the country that doesn't have to pay taxes, the intent of course being to buy those votes thereby insuring the continuation of the reign of terror, and the increase of burden assumed by the producers to support the leeches. Right now, we're only required to collect sales tax for states where we have a physical presence. In our case, five states. With the new system, we'd be required to completely change the business rules in our systems, and assume the burden of having to distribute those funds which is a tremendous expense in accounting. The upshot is that everything in our catalog will go up by 10% to the end-user to cover the increased overhead. [Our attorney assures me I couldn't get away with instituting a big-government support test and adjusting the end-user prices based on that, so everyone has to pay.] The idea behind state taxes being collectable in that state and not outside of it was to prevent the Stupid of individual states from splattering into less stupid states. The King of Stupid has other ideas, however, and once they started dumping on the Tenth Amendment to the Constitution of the United States, they just haven't stopped. Germany: Yeah, my grandmother sacrificed everything to escape, my mom in swaddling, because America promised something better. Sucker! --- Jodie __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes - THREAD STOPPING
Stopping this thread -Art __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Are meteorites considered tangible personal property? Jim On Mon, May 6, 2013 at 2:13 PM, Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list -- Jim Wooddell jimwoodd...@gmail.com 928-247-2675 __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Hello All, What Mendy said is correct. There is a $1 million minimum in online sales in the current draft (indisputable fact), and some politicians have suggested raising it to $10 million. In other words, unless you gross over a million dollars in online sales, you will not have to collect or pay this tax. http://www.extremetech.com/internet/154397-us-senate-inches-closer-to-approving-historic-internet-sales-tax-bill [You can find better sources online, but this ^ summarizes things pretty well.] Adam's point is somewhat moot, as sales tax is nothing new for most brick-and-mortar businesses. And we have only one such meteorite store in existence, to my knowledge (Steve Arnold's shop in Arkansas). I'm not certain as to how businesses like this would have to deal with the new internet tax, but since in-state online sales are already taxed (even from small independent, online-only sellers), I can't see this as being very important. The $1,000,000 online sales minimum might apply to tangible businesses as well. I'm not sure; that would take some looking into. Unless meteorite dealers make more than $1,000,000 per year in online sales, they can relax. I'm not a fan of this bill, but it will not affect my selling much. I might buy some more run-of-the-mill things at tangible stores if this goes into effect, but there's no real risk of people doing that with meteorites. If anything, this will probably encourage me to buy from smaller, independent sellers online. Thanks to the million dollar minimum, they will still be tax-free. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 2:13 PM, Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list
Re: [meteorite-list] Ebay, Websites and State Taxes
Hi Jason Are meteorite dealers collecting tax? I get the impression they are not. States like AZ do not audit anywhere near what they should and loose millions a year based on the laws they have in place now. Best I can figure is the internet is nothing special or exempting for the requirement for tax to be collected or paid...at least in AZ. Jim On Mon, May 6, 2013 at 2:54 PM, Jason Utas meteorite...@gmail.com wrote: Hello All, What Mendy said is correct. There is a $1 million minimum in online sales in the current draft (indisputable fact), and some politicians have suggested raising it to $10 million. In other words, unless you gross over a million dollars in online sales, you will not have to collect or pay this tax. http://www.extremetech.com/internet/154397-us-senate-inches-closer-to-approving-historic-internet-sales-tax-bill [You can find better sources online, but this ^ summarizes things pretty well.] Adam's point is somewhat moot, as sales tax is nothing new for most brick-and-mortar businesses. And we have only one such meteorite store in existence, to my knowledge (Steve Arnold's shop in Arkansas). I'm not certain as to how businesses like this would have to deal with the new internet tax, but since in-state online sales are already taxed (even from small independent, online-only sellers), I can't see this as being very important. The $1,000,000 online sales minimum might apply to tangible businesses as well. I'm not sure; that would take some looking into. Unless meteorite dealers make more than $1,000,000 per year in online sales, they can relax. I'm not a fan of this bill, but it will not affect my selling much. I might buy some more run-of-the-mill things at tangible stores if this goes into effect, but there's no real risk of people doing that with meteorites. If anything, this will probably encourage me to buy from smaller, independent sellers online. Thanks to the million dollar minimum, they will still be tax-free. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 2:13 PM, Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list
Re: [meteorite-list] Ebay, Websites and State Taxes
No, but as a Hawaii resident I must pay excise taxes on all sales, in state, out of state and international. gary On May 6, 2013, at 12:23 PM, Jim Wooddell jimwoodd...@gmail.com wrote: Hi Jason Are meteorite dealers collecting tax? I get the impression they are not. States like AZ do not audit anywhere near what they should and loose millions a year based on the laws they have in place now. Best I can figure is the internet is nothing special or exempting for the requirement for tax to be collected or paid...at least in AZ. Jim On Mon, May 6, 2013 at 2:54 PM, Jason Utas meteorite...@gmail.com wrote: Hello All, What Mendy said is correct. There is a $1 million minimum in online sales in the current draft (indisputable fact), and some politicians have suggested raising it to $10 million. In other words, unless you gross over a million dollars in online sales, you will not have to collect or pay this tax. http://www.extremetech.com/internet/154397-us-senate-inches-closer-to-approving-historic-internet-sales-tax-bill [You can find better sources online, but this ^ summarizes things pretty well.] Adam's point is somewhat moot, as sales tax is nothing new for most brick-and-mortar businesses. And we have only one such meteorite store in existence, to my knowledge (Steve Arnold's shop in Arkansas). I'm not certain as to how businesses like this would have to deal with the new internet tax, but since in-state online sales are already taxed (even from small independent, online-only sellers), I can't see this as being very important. The $1,000,000 online sales minimum might apply to tangible businesses as well. I'm not sure; that would take some looking into. Unless meteorite dealers make more than $1,000,000 per year in online sales, they can relax. I'm not a fan of this bill, but it will not affect my selling much. I might buy some more run-of-the-mill things at tangible stores if this goes into effect, but there's no real risk of people doing that with meteorites. If anything, this will probably encourage me to buy from smaller, independent sellers online. Thanks to the million dollar minimum, they will still be tax-free. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 2:13 PM, Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership
Re: [meteorite-list] Ebay, Websites and State Taxes
Gary is correct. It is up to the states how they want online sellers to collect taxes for them and this bill will clear the way. When I lived in Washington State, they did not hesitate to put their hands out for money regardless of where the items were sold or whether you had a storefront or not. Anybody who listens to a politician or believes what is written (hidden) in a bill needs a quick education. More than likely, this eduction will come in the form of a very light wallet. This bill will open the door for state revenuers to hassle the small guy relentlessly. They won't be happy until your pockets are completely empty.. Give a politician an inch an they will take a mile. Adam - Original Message - From: Gary Fujihara fuj...@mac.com To: Jim Wooddell jimwoodd...@gmail.com Cc: Meteorite List meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 3:33 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes No, but as a Hawaii resident I must pay excise taxes on all sales, in state, out of state and international. gary On May 6, 2013, at 12:23 PM, Jim Wooddell jimwoodd...@gmail.com wrote: Hi Jason Are meteorite dealers collecting tax? I get the impression they are not. States like AZ do not audit anywhere near what they should and loose millions a year based on the laws they have in place now. Best I can figure is the internet is nothing special or exempting for the requirement for tax to be collected or paid...at least in AZ. Jim On Mon, May 6, 2013 at 2:54 PM, Jason Utas meteorite...@gmail.com wrote: Hello All, What Mendy said is correct. There is a $1 million minimum in online sales in the current draft (indisputable fact), and some politicians have suggested raising it to $10 million. In other words, unless you gross over a million dollars in online sales, you will not have to collect or pay this tax. http://www.extremetech.com/internet/154397-us-senate-inches-closer-to-approving-historic-internet-sales-tax-bill [You can find better sources online, but this ^ summarizes things pretty well.] Adam's point is somewhat moot, as sales tax is nothing new for most brick-and-mortar businesses. And we have only one such meteorite store in existence, to my knowledge (Steve Arnold's shop in Arkansas). I'm not certain as to how businesses like this would have to deal with the new internet tax, but since in-state online sales are already taxed (even from small independent, online-only sellers), I can't see this as being very important. The $1,000,000 online sales minimum might apply to tangible businesses as well. I'm not sure; that would take some looking into. Unless meteorite dealers make more than $1,000,000 per year in online sales, they can relax. I'm not a fan of this bill, but it will not affect my selling much. I might buy some more run-of-the-mill things at tangible stores if this goes into effect, but there's no real risk of people doing that with meteorites. If anything, this will probably encourage me to buy from smaller, independent sellers online. Thanks to the million dollar minimum, they will still be tax-free. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 2:13 PM, Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam
Re: [meteorite-list] Ebay, Websites and State Taxes
I have to disagree with the brick and mortar comment. any legitimate licensed business, whether it is you in your office living room or your car, is generally require to collect sales tax, or in Arizona, the transaction privilege tax. I think the only reason a lot of people get away with not paying the tax, is that many states do not take the time to audit. it is costing them millions of dollars per year. Jim Jim Wooddell - Mobile Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
In Colorado I do pay sales tax on any sale when the buyer is within the State, being in person (as in Shows) or thru the Internet (on my site). Sales Out of taxing area (meaning the buyer is outside of Colorado) are exempt of sales tax. And after the Tucson Show, I have to pay sales tax to the State of Arizona and to the City of Tucson on all the sales I have done while I and the buyer are physically in Arizona. And the sales tax rate for Arizona is higher than Colorado's. Anne M. Black www.IMPACTIKA.com impact...@aol.com -Original Message- From: Gary Fujihara fuj...@mac.com To: Jim Wooddell jimwoodd...@gmail.com Cc: Meteorite List meteorite-list@meteoritecentral.com Sent: Mon, May 6, 2013 4:33 pm Subject: Re: [meteorite-list] Ebay, Websites and State Taxes No, but as a Hawaii resident I must pay excise taxes on all sales, in state, out of state and international. gary On May 6, 2013, at 12:23 PM, Jim Wooddell jimwoodd...@gmail.com wrote: Hi Jason Are meteorite dealers collecting tax? I get the impression they are not. States like AZ do not audit anywhere near what they should and loose millions a year based on the laws they have in place now. Best I can figure is the internet is nothing special or exempting for the requirement for tax to be collected or paid...at least in AZ. Jim On Mon, May 6, 2013 at 2:54 PM, Jason Utas meteorite...@gmail.com wrote: Hello All, What Mendy said is correct. There is a $1 million minimum in online sales in the current draft (indisputable fact), and some politicians have suggested raising it to $10 million. In other words, unless you gross over a million dollars in online sales, you will not have to collect or pay this tax. http://www.extremetech.com/internet/154397-us-senate-inches-closer-to-approving-historic-internet-sales-tax-bill [You can find better sources online, but this ^ summarizes things pretty well.] Adam's point is somewhat moot, as sales tax is nothing new for most brick-and-mortar businesses. And we have only one such meteorite store in existence, to my knowledge (Steve Arnold's shop in Arkansas). I'm not certain as to how businesses like this would have to deal with the new internet tax, but since in-state online sales are already taxed (even from small independent, online-only sellers), I can't see this as being very important. The $1,000,000 online sales minimum might apply to tangible businesses as well. I'm not sure; that would take some looking into. Unless meteorite dealers make more than $1,000,000 per year in online sales, they can relax. I'm not a fan of this bill, but it will not affect my selling much. I might buy some more run-of-the-mill things at tangible stores if this goes into effect, but there's no real risk of people doing that with meteorites. If anything, this will probably encourage me to buy from smaller, independent sellers online. Thanks to the million dollar minimum, they will still be tax-free. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 2:13 PM, Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase
Re: [meteorite-list] Ebay, Websites and State Taxes
Don't forget about use tax. I had to pay this tax on inventory purchases while in Washington State. You might want to remember this when you throw out outrageously high prices for meteorites to the media. Revenuers are very resourceful, watch TV and by law they are entitled to collect use tax which is supposed to be paid on nearly everything that you did not pay sales taxes on. The main thing is that we have politicians trying g to raise taxes once again during a poor economy. Adam - Original Message - From: Jim Wooddell jim.woodd...@suddenlink.net To: Adam Hupe raremeteori...@yahoo.com; Adam meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 4:07 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes I have to disagree with the brick and mortar comment. any legitimate licensed business, whether it is you in your office living room or your car, is generally require to collect sales tax, or in Arizona, the transaction privilege tax. I think the only reason a lot of people get away with not paying the tax, is that many states do not take the time to audit. it is costing them millions of dollars per year. Jim Jim Wooddell - Mobile Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
The Law of Unintended Consequences usually isn't in the view of the career politician since they discard the concept of a dynamic model.Adam is correct: it will force the small guy to retreat. Fortunately, the strong are inovative and will define the dynamic Richard Montgomery - Original Message - From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 06, 2013 4:03 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Gary is correct. It is up to the states how they want online sellers to collect taxes for them and this bill will clear the way. When I lived in Washington State, they did not hesitate to put their hands out for money regardless of where the items were sold or whether you had a storefront or not. Anybody who listens to a politician or believes what is written (hidden) in a bill needs a quick education. More than likely, this eduction will come in the form of a very light wallet. This bill will open the door for state revenuers to hassle the small guy relentlessly. They won't be happy until your pockets are completely empty.. Give a politician an inch an they will take a mile. Adam - Original Message - From: Gary Fujihara fuj...@mac.com To: Jim Wooddell jimwoodd...@gmail.com Cc: Meteorite List meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 3:33 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes No, but as a Hawaii resident I must pay excise taxes on all sales, in state, out of state and international. gary On May 6, 2013, at 12:23 PM, Jim Wooddell jimwoodd...@gmail.com wrote: Hi Jason Are meteorite dealers collecting tax? I get the impression they are not. States like AZ do not audit anywhere near what they should and loose millions a year based on the laws they have in place now. Best I can figure is the internet is nothing special or exempting for the requirement for tax to be collected or paid...at least in AZ. Jim On Mon, May 6, 2013 at 2:54 PM, Jason Utas meteorite...@gmail.com wrote: Hello All, What Mendy said is correct. There is a $1 million minimum in online sales in the current draft (indisputable fact), and some politicians have suggested raising it to $10 million. In other words, unless you gross over a million dollars in online sales, you will not have to collect or pay this tax. http://www.extremetech.com/internet/154397-us-senate-inches-closer-to-approving-historic-internet-sales-tax-bill [You can find better sources online, but this ^ summarizes things pretty well.] Adam's point is somewhat moot, as sales tax is nothing new for most brick-and-mortar businesses. And we have only one such meteorite store in existence, to my knowledge (Steve Arnold's shop in Arkansas). I'm not certain as to how businesses like this would have to deal with the new internet tax, but since in-state online sales are already taxed (even from small independent, online-only sellers), I can't see this as being very important. The $1,000,000 online sales minimum might apply to tangible businesses as well. I'm not sure; that would take some looking into. Unless meteorite dealers make more than $1,000,000 per year in online sales, they can relax. I'm not a fan of this bill, but it will not affect my selling much. I might buy some more run-of-the-mill things at tangible stores if this goes into effect, but there's no real risk of people doing that with meteorites. If anything, this will probably encourage me to buy from smaller, independent sellers online. Thanks to the million dollar minimum, they will still be tax-free. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 2:13 PM, Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt
Re: [meteorite-list] Ebay, Websites and State Taxes
Hi all, I'm not a big buyer by any means but when I do buy on eBay, it's only from the well known Meteorite list members. KNOW YOUR SELLER. If shipping is ridiculously priced on eBay I go elsewhere. I also buy from list member dealers direct when I can. I hope this helps future buyers. Regards! Tom __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Hello Jim, All, As others have said -- it probably depends on the state. At least here in CA, paying sales tax is required for only online sales to buyers within CA. Ebay/Paypal have always enforced those taxes on me when I've bought things. Anne has just said something similar about Colorado. Gary seems to have it a bit tougher in Hawaii. I don't know how it works elsewhere. I can't see how this new law would hurt small sellers, though. Since only the companies making more than a million per year will have to charge/pay taxes on inter-state sales, if anything, it gives an advantage to the folks selling under that range. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 4:07 PM, Jim Wooddell jim.woodd...@suddenlink.net wrote: I have to disagree with the brick and mortar comment. any legitimate licensed business, whether it is you in your office living room or your car, is generally require to collect sales tax, or in Arizona, the transaction privilege tax. I think the only reason a lot of people get away with not paying the tax, is that many states do not take the time to audit. it is costing them millions of dollars per year. Jim Jim Wooddell - Mobile Adam Hupe raremeteori...@yahoo.com wrote: Don't let politicians fool you. They are talking about taxing at the point-of-sale, meaning where the item is shipped from. In this case, possibly somebodies living room or garage! If you own a brick and mortar Meteorite Store, you are already expected to collect these taxes including 100% of sales online. There is no one million dollar annual sales exemption. There aren't too many dealers that own a storefront so at this point in time, they are alright but this could change very shortly. Just like the Affordable Healthcare Act is the largest tax increase in U.S. history and it was sneakily forced upon American citizens. Just wait until 2014. A lot of people who simply cannot afford healthcare will be fined on top of the massive tax increases. Adam - Original Message - From: Mendy Ouzillou ouzil...@yahoo.com To: Adam Hupe raremeteori...@yahoo.com; Met-List meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 1:47 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, Very timely post. I just read the following article (http://reut.rs/ZBTsVY). Regardless whether the bill passes or not, the impact on almost ALL meteorite dealers is nil. Here is the key excerpt from the article, It would also exempt merchants with online annual out-of-state sales of $1 million or less. I am personally on my way to $1M in sales this year and will gladly pay the extra tax when I reach my goal. I have till December 31 to sell another $995,000. Wish me luck. ;-) Mendy Ouzillou From: Adam Hupe raremeteori...@yahoo.com To: Adam meteorite-list@meteoritecentral.com Sent: Monday, May 6, 2013 1:29 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Not only do we need to worry about eBay's new flawed international shipping ideas causing an increase in oversees shipment prices, we have to worry about a domestic increase in sales taxes so we have problems on both fronts. Yes, our wonderful government (the senate) think that it is time that all online sellers should become tax collectors for their respective states. Those who host websites may be the first to start collecting around 10% in states sales taxes from every sale. We need leadership more than ever in these financially depressed times. Big government and the Post Office think that raising prices and taxes substantially is the solution during a depression? Hello, Is there anybody at the helm? Where is the Commander With A Few Teeth when you need some form of leadership? Raising taxes and fees during a depression is kicking somebody when they have already been knocked down. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Jason Wrote: * I can't see how this new law would hurt small sellers, though. Since only the companies making more than a million per year will have to charge/pay taxes on inter-state sales, if anything, it gives an advantage to the folks selling under that range. * Don't be so naive. This bill allows states to make all sellers collect taxes on their behalf and there is no real one million dollar exclusion: read the small print. Just like the Affordable Healthcare Act was supposed make healthcare affordable. Instead it was just one massive deceptive tax increase that will punish those who can least afford healthcare with fines. I have no idea why the feds are involved in state business in the first place. It is all driven by weak politicians who are being pressured by large companies like Amazon who want online market share. At least here in Nevada, there are no state corporate taxes. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Hi Adam and List, While I do not share 100% Adam's firm stance against taxation by the fed in principle, I do agree that states' rights are being infringed upon. It should be up to the state, not the fed, to dictate what the citizens of a given state pay in taxes based on revenue generated by activities in that state. Now, it would be a different story for national or multi-national large companies who take advantage of influence-peddling and tax loopholes to dodge their fair share. The little guy is left holding the bag. And the fed is making matters worse for forcing taxation upon state activities. That is not a good thing, no matter how you sugarcoat it. Best regards, MikeG On 5/6/13, Adam Hupe raremeteori...@yahoo.com wrote: Jason Wrote: * I can't see how this new law would hurt small sellers, though. Since only the companies making more than a million per year will have to charge/pay taxes on inter-state sales, if anything, it gives an advantage to the folks selling under that range. * Don't be so naive. This bill allows states to make all sellers collect taxes on their behalf and there is no real one million dollar exclusion: read the small print. Just like the Affordable Healthcare Act was supposed make healthcare affordable. Instead it was just one massive deceptive tax increase that will punish those who can least afford healthcare with fines. I have no idea why the feds are involved in state business in the first place. It is all driven by weak politicians who are being pressured by large companies like Amazon who want online market share. At least here in Nevada, there are no state corporate taxes. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list -- - Web - http://www.galactic-stone.com Facebook - http://www.facebook.com/galacticstone Twitter - http://twitter.com/GalacticStone Pinterest - http://pinterest.com/galacticstone RSS - http://www.galactic-stone.com/rss/126516 - __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
Adam, You're not telling the truth. SMALL SELLER EXCEPTION.-A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding $1,000,000. For purposes of determining whether the threshold in this subsection is met- 1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or 2) persons with 1 or more ownership relationships shall also be aggregated if such relationships were designed with a principal purpose of avoiding the application of these rules. http://www.marketplacefairness.org/bill-text/ This also clears up the issue of whether or not a brick-and-mortar store would have to accrue a total of $1,000,000 in sales -- versus $1,000,000 in exclusively internet sales -- before being forced to pay/charge taxes on online purchases. It's internet-only. In other words, if your business grosses ~$1,500,000 in in-store sales, but only sells $500,000 of merchandise online, you still wouldn't have to pay any online sales tax. Unless your state has preexisting provisions that require you to do so. Furthermore, the enforcement of this tax policy will be up to the states. In other words, they can choose to enforce it (or not) as they see fit. I'd read the document; it's only five pages. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 7:09 PM, Jason Utas meteorite...@gmail.com wrote: Adam, You're not telling the truth. SMALL SELLER EXCEPTION.-A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding $1,000,000. For purposes of determining whether the threshold in this subsection is met- 1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or 2) persons with 1 or more ownership relationships shall also be aggregated if such relationships were designed with a principal purpose of avoiding the application of these rules. http://www.marketplacefairness.org/bill-text/ This also clears up the issue of whether or not a brick-and-mortar store would have to accrue a total of $1,000,000 in sales -- versus $1,000,000 in exclusively internet sales -- before being forced to pay/charge taxes on online purchases. It's internet-only. In other words, if your business grosses ~$1,500,000 in in-store sales, but only sells $500,000 of merchandise online, you still wouldn't have to pay any online sales tax. Unless your state has preexisting provisions that require you to do so. Furthermore, the enforcement of this tax policy will be up to the states. In other words, they can choose to enforce it (or not) as they see fit. I'd read the document; it's only five pages. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 6:47 PM, Adam Hupe raremeteori...@yahoo.com wrote: Jason Wrote: * I can't see how this new law would hurt small sellers, though. Since only the companies making more than a million per year will have to charge/pay taxes on inter-state sales, if anything, it gives an advantage to the folks selling under that range. * Don't be so naive. This bill allows states to make all sellers collect taxes on their behalf and there is no real one million dollar exclusion: read the small print. Just like the Affordable Healthcare Act was supposed make healthcare affordable. Instead it was just one massive deceptive tax increase that will punish those who can least afford healthcare with fines. I have no idea why the feds are involved in state business in the first place. It is all driven by weak politicians who are being pressured by large companies like Amazon who want online market share. At least here in Nevada, there are no state corporate taxes. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo/meteorite-list
Re: [meteorite-list] Ebay, Websites and State Taxes
You can read, great Thus you found the small print. The state is in charge therefore the small guy will take a beating. Adam - Original Message - From: Jason Utas meteorite...@gmail.com To: Meteorite-list meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 7:10 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, You're not telling the truth. SMALL SELLER EXCEPTION.-A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding $1,000,000. For purposes of determining whether the threshold in this subsection is met- 1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or 2) persons with 1 or more ownership relationships shall also be aggregated if such relationships were designed with a principal purpose of avoiding the application of these rules. http://www.marketplacefairness.org/bill-text/ This also clears up the issue of whether or not a brick-and-mortar store would have to accrue a total of $1,000,000 in sales -- versus $1,000,000 in exclusively internet sales -- before being forced to pay/charge taxes on online purchases. It's internet-only. In other words, if your business grosses ~$1,500,000 in in-store sales, but only sells $500,000 of merchandise online, you still wouldn't have to pay any online sales tax. Unless your state has preexisting provisions that require you to do so. Furthermore, the enforcement of this tax policy will be up to the states. In other words, they can choose to enforce it (or not) as they see fit. I'd read the document; it's only five pages. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 7:09 PM, Jason Utas meteorite...@gmail.com wrote: Adam, You're not telling the truth. SMALL SELLER EXCEPTION.-A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding $1,000,000. For purposes of determining whether the threshold in this subsection is met- 1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or 2) persons with 1 or more ownership relationships shall also be aggregated if such relationships were designed with a principal purpose of avoiding the application of these rules. http://www.marketplacefairness.org/bill-text/ This also clears up the issue of whether or not a brick-and-mortar store would have to accrue a total of $1,000,000 in sales -- versus $1,000,000 in exclusively internet sales -- before being forced to pay/charge taxes on online purchases. It's internet-only. In other words, if your business grosses ~$1,500,000 in in-store sales, but only sells $500,000 of merchandise online, you still wouldn't have to pay any online sales tax. Unless your state has preexisting provisions that require you to do so. Furthermore, the enforcement of this tax policy will be up to the states. In other words, they can choose to enforce it (or not) as they see fit. I'd read the document; it's only five pages. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 6:47 PM, Adam Hupe raremeteori...@yahoo.com wrote: Jason Wrote: * I can't see how this new law would hurt small sellers, though. Since only the companies making more than a million per year will have to charge/pay taxes on inter-state sales, if anything, it gives an advantage to the folks selling under that range. * Don't be so naive. This bill allows states to make all sellers collect taxes on their behalf and there is no real one million dollar exclusion: read the small print. Just like the Affordable Healthcare Act was supposed make healthcare affordable. Instead it was just one massive deceptive tax increase that will punish those who can least afford healthcare with fines. I have no idea why the feds are involved in state business in the first place. It is all driven by weak politicians who are being pressured by large companies like Amazon who want online market share. At least here in Nevada, there are no state corporate taxes. Adam __ Visit the Archives at http://www.meteorite-list-archives.com Meteorite-list mailing list Meteorite-list@meteoritecentral.com http://six.pairlist.net/mailman/listinfo
Re: [meteorite-list] Ebay, Websites and State Taxes
Jason, I will not argue the point anymore here on the List. It is turning into a purely political discussion. I just wanted to make online sellers aware that there may be some more excess taxation on the horizon. Just for the record, I believe in paying my fair share but dislike seeing it wasted on big government. Perhaps you can study the bill more, write a report and send it somebody who cares about another piece of misleading legislation. Many states already collect taxes on minor sells, including garage sales and swap-meets. I know because I used to live in such a state. The million dollar limit is a myth to mislead people like yourself. Wait until you need to send a 1099 to your paper boy who is trying put himself though college and then get back to me. That's right, you don't read a paper and get all your information from the interment which must make it true so don't bother responding unless you absolutely need to get the last word in. Either way, I don't care, . Adam . - Original Message - From: Jason Utas meteorite...@gmail.com To: Adam Hupe raremeteori...@yahoo.com Cc: Sent: Monday, May 6, 2013 8:56 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Hello Adam, So...you can read that the million-dollar lower limit applies, no matter what. Right? So the small guy is fine. Jason www.fallsandfinds.com On Mon, May 6, 2013 at 7:21 PM, Adam Hupe raremeteori...@yahoo.com wrote: You can read, great Thus you found the small print. The state is in charge therefore the small guy will take a beating. Adam - Original Message - From: Jason Utas meteorite...@gmail.com To: Meteorite-list meteorite-list@meteoritecentral.com Cc: Sent: Monday, May 6, 2013 7:10 PM Subject: Re: [meteorite-list] Ebay, Websites and State Taxes Adam, You're not telling the truth. SMALL SELLER EXCEPTION.-A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding $1,000,000. For purposes of determining whether the threshold in this subsection is met- 1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or 2) persons with 1 or more ownership relationships shall also be aggregated if such relationships were designed with a principal purpose of avoiding the application of these rules. http://www.marketplacefairness.org/bill-text/ This also clears up the issue of whether or not a brick-and-mortar store would have to accrue a total of $1,000,000 in sales -- versus $1,000,000 in exclusively internet sales -- before being forced to pay/charge taxes on online purchases. It's internet-only. In other words, if your business grosses ~$1,500,000 in in-store sales, but only sells $500,000 of merchandise online, you still wouldn't have to pay any online sales tax. Unless your state has preexisting provisions that require you to do so. Furthermore, the enforcement of this tax policy will be up to the states. In other words, they can choose to enforce it (or not) as they see fit. I'd read the document; it's only five pages. Regards, Jason www.fallsandfinds.com On Mon, May 6, 2013 at 7:09 PM, Jason Utas meteorite...@gmail.com wrote: Adam, You're not telling the truth. SMALL SELLER EXCEPTION.-A State is authorized to require a remote seller to collect sales and use taxes under this Act only if the remote seller has gross annual receipts in total remote sales in the United States in the preceding calendar year exceeding $1,000,000. For purposes of determining whether the threshold in this subsection is met- 1) the sales of all persons related within the meaning of subsections (b) and (c) of section 267 or section 707(b)(1) of the Internal Revenue Code of 1986 shall be aggregated; or 2) persons with 1 or more ownership relationships shall also be aggregated if such relationships were designed with a principal purpose of avoiding the application of these rules. http://www.marketplacefairness.org/bill-text/ This also clears up the issue of whether or not a brick-and-mortar store would have to accrue a total of $1,000,000 in sales -- versus $1,000,000 in exclusively internet sales -- before being forced to pay/charge taxes on online purchases. It's internet-only. In other words, if your business grosses ~$1,500,000 in in-store sales, but only sells $500,000 of merchandise online, you still wouldn't have to pay any online sales tax. Unless your state has preexisting provisions that require you to do so. Furthermore, the enforcement of this tax policy will be up to the states. In other words, they can choose to enforce
