Please ignore my previous post, I was responding to another e-mail and mixed up the address.
jk Sent from my iPhone On Sep 27, 2011, at 10:57 PM, Jerry Kalaf <[email protected]> wrote: > 3:30 if you are there, otherwise 4:00. > > jk > > Sent from my iPad > > On Sep 27, 2011, at 3:33 PM, Mark D Lew <[email protected]> wrote: > >> John Howell wrote: >> >>> 2. You are responsible for COLLECTING it and >>> remitting it; the purchaser is responsible for >>> PAYING it but to you, not to the state. >> >> No. The seller is responsible for paying sales tax, whether it was collected >> or not. The seller is expected to collect it from the buyer, but if the >> seller neglects to do so, it's still the seller who owes it to the state, >> not the buyer. >> >>> 3. If you don't state it separately my guess is >>> that the state would assume it's part of and >>> included in the purchase price, and would have to >>> be considered as such, but that's just a guess. >>> YOU would have to think of it that way. >> >> The state will not assume that sales tax is included in the purchase price; >> the state will assume that it is not. You can assert that it is, but unless >> you have made it clear to the buyer that sales tax is included and you're >> paying it, you are asserting falsely. >> >> If you sell something for $10,000 and forget to collect sales tax, and you >> then retroactively say, "Oops, well, let's pretend I really sold it for >> $9,615.38, so here's the $384.61 I owe you," the state's position will be, >> "No, you really sold it for $10,000 and you owe us $400." If the state >> bothered to contest your claim, you would lose. >> >> But in this example they won't. The difference is $15.39, and the state >> isn't going to waste it's time over a such a trivial number. And since I'm >> pretty sure David isn't selling $10,000 worth of CDs, his will be even more >> trivial still. >> >> mdl >> _______________________________________________ >> Finale mailing list >> [email protected] >> http://lists.shsu.edu/mailman/listinfo/finale > > _______________________________________________ > Finale mailing list > [email protected] > http://lists.shsu.edu/mailman/listinfo/finale _______________________________________________ Finale mailing list [email protected] http://lists.shsu.edu/mailman/listinfo/finale
