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
[email protected]
-----Original Message-----
From: Gary Fujihara <[email protected]>
To: Jim Wooddell <[email protected]>
Cc: Meteorite List <[email protected]>
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 <[email protected]> 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 <[email protected]>
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 <[email protected]>
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 <[email protected]>
To: Adam Hupe <[email protected]>; Met-List
<[email protected]>
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 <[email protected]>
To: Adam <[email protected]>
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
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--
Jim Wooddell
[email protected]
928-247-2675
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Gary Fujihara
Big Kahuna Meteorites Inc.
PO Box 4175, Hilo, HI 96720
(808) 640-9161
http://bigkahuna-meteorites.com/
http://www.ebay.com/sch/fujmon/m.html
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