Quote:
Originally Posted by oldjudge
Here is the clause from the terms and conditions:
Lots delivered to you, or your representative in the States of Texas, California, New York, or
other states where the Auction may be held, are subject to all applicable state and local taxes,
unless appropriate permits are on file with Auctioneer. (Note: Coins are only subject to sales tax
in California on invoices under $1500 and in Texas on invoices under $1000. Check the Web site
at: h ttp://coins.ha.com/c/ref/sales-tax.zx f or more details.) B idder agrees to pay Auctioneer
the actual amount of tax due in the event that sales tax is not properly collected due to: 1) an
expired, inaccurate, inappropriate tax certificate or declaration, 2) an incorrect interpretation
of the applicable statute, 3) or any other reason. The appropriate form or certificate must be on
file at and verified by Auctioneer five days prior to Auction or tax must be paid; only if such form
or certificate is received by Auctioneer within 4 days after the Auction can a refund of tax paid be
made. Lots from different Auctions may not be aggregated for sales tax purposes.
Doesn't sound like taxes are due if you live outside a state where Heritage has a physical presence.
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That's how I understand it. Basically, it's not up to the state of Texas to collect taxes in other states - that's up to the 'other' states. Heritage has no physical presence in the state of Connecticut, so they can't charge you tax. If they do, you can request a refund from the state of Texas. If you were to visit Texas and buy things that had sales taxes, you could do the same thing - request a refund for all sales tax at the end of the year, then pay the 'use' tax on these items that Connecticut would charge (if any).