HA Sales Tax

[The Nasty Nati]

20% buyers premium and 7% sales tax is pretty rough.

[ramram]

Originally Posted by The Nasty Nati

20% buyers premium and 7% sales tax is pretty rough.

Throw in the seller's fee, roughly another 20%, and it sure makes the Net54 b/s/t page look pretty attractive.

Rob M

[marzoumanian]

I live in the city. The (unofficial) sole reason was to be able to collect taxes, taxes, and more taxes is what an HA employee told me when the office first opened about three years ago. It sounds like HA was losing out by NOT having an office here from a tax perspective.
Take care.

[Republicaninmass]

Originally Posted by marzoumanian

I live in the city. The (unofficial) sole reason was to be able to collect taxes, taxes, and more taxes is what an HA employee told me when the office first opened about three years ago. It sounds like HA was losing out by NOT having an office here from a tax perspective.
Take care.

They dont keep the tax?

[conor912]

BP + WA tax (10%) + crazy AH shipping now equals ~45% of my winning bid. I'm pretty much reduced to buying in person or on the BST at this point.

[oldjudge]

They don’t get to keep the tax but they probably get float on the money. I don’t know when they have to remit the taxes to the government, but for a while they get to hold the money and either earn interest on it, or use it to run the business.

[Yastrzemski Sports]

Originally Posted by oldjudge

They don’t get to keep the tax but they probably get float on the money. I don’t know when they have to remit the taxes to the government, but for a while they get to hold the money and either earn interest on it, or use it to run the business.

I pay sales tax every month and I would guarantee they do also. If you are under a certain amount you can get away with quarterly - to your point. But there’s really no time to play with it when it’s due on the 20th every month.

It would help to look at sales tax as something you have gotten away with for a long time. We knew the day would come when the government caught up with it. Party’s over.

[Santo10Fan]

Bidders from the states that HA don't collect from have a distinct advantage-online that is. Does anyone know how well attended the live auctions are? Anyone winning in TX has to pay sales tax but saves a little on shipping. That helps for items under $400