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SportTrac Discussion
General Sport Trac Discussion
Internet sales tax, your thoughts?
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<blockquote data-quote="Les " data-source="post: 931549" data-attributes="member: 63046"><p>Sales tax is currently being charge by some (it is rare) companies, but not most. Since state sales tax can only be collected if the product is purchased and delivered in the same state, interstate sales will be hard to monitor. A federal sales tax is a probability to overcome this and I presume will be divided between the feds and the state. I highly doubt buying a part from someone you know or from the "Swap & Sell Board" will be taxed, no way to regulate it and very easy to deny the transaction. Also, this part has been previously taxed when purchased new and this would result in double taxation (much like buying used cars), which is a croc. Easy to follow car transactions since they are registered and licensed, but me selling you something (at a loss) is not likely to be taxed.</p></blockquote><p></p>
[QUOTE="Les , post: 931549, member: 63046"] Sales tax is currently being charge by some (it is rare) companies, but not most. Since state sales tax can only be collected if the product is purchased and delivered in the same state, interstate sales will be hard to monitor. A federal sales tax is a probability to overcome this and I presume will be divided between the feds and the state. I highly doubt buying a part from someone you know or from the "Swap & Sell Board" will be taxed, no way to regulate it and very easy to deny the transaction. Also, this part has been previously taxed when purchased new and this would result in double taxation (much like buying used cars), which is a croc. Easy to follow car transactions since they are registered and licensed, but me selling you something (at a loss) is not likely to be taxed. [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Internet sales tax, your thoughts?
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