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Old 11-29-2017, 12:45 PM
Aaron Seefeldt's Avatar
Aaron Seefeldt Aaron Seefeldt is offline
Aaron Seefeldt
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Join Date: Nov 2016
Location: Suburb of Chicago
Posts: 335
Default taxes

Several states have to pay taxes with Heritage, including Illinois where I live. I had to add an additional 10.5% sales tax, which is fine as I was fully aware of it going into the auction.

My question is: Why isn't that shown in the final sell price? If a guy pays $100K for an item, then they show the buyer's premium but not the additional tax (if there is one), why wouldn't this be reflected in the final sale price? On a final sale of $100K, that's an additional $10,500 (if you're in Chicago).
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