Quote:
Originally Posted by Aaron Seefeldt
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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Well, lots of other people don't have to pay that sales tax. The tax is personal to you. I would say it's not actually properly part of the final sale price. (If you live in Guam and it costs Heritage another $300 to ship a box to your hut above the water on stilts, should that be considered part of the sale price. Definitely not.)