Quote:
Originally Posted by raulus
I’m guessing it’s just a matter of time until CA and other states get wise to the vaults and start requiring reporting to get their use tax from the collector. I just don’t see the states being willing to forego that much revenue without a fight.
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If the Feds or states wanted to collect more taxes, it'd probably be easier for them to extend to PWCC and auction houses to send 1099s to consignors who sell over $600 like they already do for ebay.