Quote:
Originally Posted by Peter_Spaeth
I haven't noticed that Goldin provision because I haven't bid there, but that doesn't seem right, that out of state residents pay NEW JERSEY sales tax. Internet sellers typically, where required, collect sales tax on behalf of the buyer's state. No?
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I put the spreadsheet together pretty hastily, so yeah, you are right. From Goldin's website:
https://goldin.co/conditions
"Unless exempted by law, the purchaser will be required to pay New Jersey sales tax on the total purchase price, including the buyer’s premium, on any property picked up or delivered in New Jersey, regardless of the state or country in which the purchaser resides or does business. In addition, unless the purchaser provides GA with a valid resale certificate prior to shipment, the purchaser will be required to pay applicable sales tax where GA determines, in its sole discretion, that it is legally obligated to collect such tax.
If the lot is delivered to a state where GA is not required to collect sales tax, it is the responsibility of the buyer to self-assess any sales tax, use tax or valued-added tax (VAT) and remit it to the taxing authorities in that state or country."