Effective Buyer's Premium - A New Term

[tschock]

Originally Posted by 6-4-3memorabilia

I won 5 items at an auction recently for a total of $220, add 10% buyers Fee it was now $242, then they added 7% sales tax AFTER the 10% buyers fee so then it was $258.94. So $38.94 in fees and taxes, thankfully I didn't have to have the items shipped and took them home right from the place. and just to add 3 of the 5 items I won were $10, $25, and $35, so less than the fees

I think that varies from state to state. Some states don't allow you to tax the "service" of the BP.

[6-4-3memorabilia]

Originally Posted by tschock

I think that varies from state to state. Some states don't allow you to tax the "service" of the BP.

welcome to NJ