Supreme Court overturns Quill, subjects all internet transactions to sales tax

[AGuinness]

I wonder what impact this will have on COMC, too...

If the SD law is mirrored by other states, the 200 transactions part would be an easy one to surpass just breaking a single box of cards and selling singles. Could be a few hundred transactions at a total of maybe $100...

[glchen]

The problem with # of transactions in the state (or something similar) is that at the beginning of the year, who knows if you are going to hit that limit. Let's say in a hypothetical case, New York decides that if a seller has 50 or more transactions in that state, you need to collect the sales tax. Based upon my previous sales, I haven't hit 50 in New York before. But then what if by June, you are up to 40 New York sales, so it seems likely you are going to cross the threshold. What are you going to do? You can't retroactively ask those 40 previous New York buyers to cough up sales tax now for the past sales. You'd have to either eat the sales tax amount yourself, or say after sale 49 to New York, try to say that you will no longer sell to New York residents.

[bobbyw8469]

What a nightmare.

[brianp-beme]

And how will this affect Auction House sales...I assume all winners would be paying some sort of sales tax. Even more pain on top of hammer price painl for the buyer, an extreme hassle for the auction house (if sales tax is to directed to state of buyer).

Brian

[Santo10Fan]

Originally Posted by brianp-beme

And how will this affect Auction House sales...I assume all winners would be paying some sort of sales tax. Even more pain on top of hammer price painl for the buyer, an extreme hassle for the auction house (if sales tax is to directed to state of buyer).

Brian

This reminds me that Heritage, who has a physical presence in Illinois, charged me sales tax before and it was at the rate of it's office address in Chicago. The levy was significant-over $200.

[egbeachley]

It’s not only having to collect and remit the sales taxes for the 45 states that have it, and fill out all those forms, but for many cities and counties too. That’s why the number is 11,000 jurisdictions.

The worst part is the rules. For cards they may be simple. But I saw how in one particular state you must collect sales tax for Snickers, but not Twix, because Twix has flour in it and can be considered food, not candy.

[AGuinness]

Originally Posted by egbeachley

The worst part is the rules. For cards they may be simple. But I saw how in one particular state you must collect sales tax for Snickers, but not Twix, because Twix has flour in it and can be considered food, not candy.

That is hilarious. What a world we live in!



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