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Are Dealers Supposed To Collect Sales Tax At Shows?

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Fat Freddy's Avatar
United States
1200 Posts
 Posted 12/08/2012  11:38 am  Show Profile   Bookmark this reply Add Fat Freddy to your friends list Get a Link to this Reply
Most state tax depts may presently be staffed too thin to have agents to monitoring shows the way they did 20 years ago, but you can bet they still troll the big shows in places like Boston, NYC, DC, Chicago, New Orleans, Dallas, Las Vegas, San Francisco (to name just 8 out of a much bigger list), etc... The big cities with the big tourist/vacation/convention centers that host the big shows still draw the revnooers out of the woodwork like ants at a picnic.

The state tax depts may not presently have the horsepower to cover small, local shows like they used to, but they're not extinct yet. They're like cockroaches. They'll drop back and lay low when they have to, but they'll survive anything and as soon as the conditions are right, they'll repopulate and be back in force that'll blow your mind (unless the Mayans are right---in which case we'll all be done paying sales tax two weeks from yesterday).
Valued Member
Roscue2's Avatar
United States
158 Posts
 Posted 12/08/2012  10:41 pm  Show Profile   Bookmark this reply Add Roscue2 to your friends list Get a Link to this Reply
Never been charged sales tax at the CA coin show I go to, or when I lived in TN and went to those coin shows.
Valued Member
linxlvr's Avatar
United States
77 Posts
 Posted 12/09/2012  9:32 pm  Show Profile   Bookmark this reply Add linxlvr to your friends list Get a Link to this Reply
It most certainly is a state by state requirement. I remember not that long ago a state considering implementing it, and going back and forth on the legislation. I don't remember the outcome, as it was not a state I do business in. I imagine sometimes some sales are pocketed, but I prefer to consider them as paying taxes on sales out of the price. If they choose not to, I am not aware of it.
Reading through the posts here I noted someone mentioning NJ, and that they were unsure if NJ had coinshows still. NJ still does host coin shows, just as a point of information.
Pillar of the Community
United States
1590 Posts
 Posted 12/14/2012  9:41 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
As has been said, see your states laws.

Something to check on, is if the tax is for the whole amount or for the whole amount minus the face value of the coin/bill.

What I mean is, if you give me a five dollar bill and I give you a five dollar bill there is no tax. If I gave you a five dollar bill and you gave me six dollars then IN SOME JURISDICTIONS only the amount over the face value, in this case one dollar, is taxable.

it pays to check.
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IndianGoldEagle's Avatar
United States
36878 Posts
 Posted 12/14/2012  9:59 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
They are suppose to, BUT if they do they should give you a written numbered receipt. I always ask for one when they charge me tax and they must provide it.
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silvercoinrn's Avatar
United States
863 Posts
 Posted 12/20/2012  08:02 am  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
This forum will be the start of the tax police.
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