How Many States In The US Tax Coins? - Page 3

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Author	Replies: 36 / Views: 10,756	Page: of 3

just carl Bedrock of the Community United States 20753 Posts	Posted 02/22/2010 4:04 pm Quote: Well, they won't sell you a gun in Elmwood Park if you have an ID that says you live Chicago :) Not from around here, HUH? People use real ID's? Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 02/22/2010 4:06 pm Just had my taxes done. The person that does them is SUPPOSED to be an attorney, tax expert, CPA, etc. I asked him if he knew how many states had a sales tax on the purchase of coins. His answer was "People buy coins"? Report this Post to the Staff
DNA Pillar of the Community United States 2734 Posts	Posted 02/22/2010 9:45 pm The City of Denver taxes coins and bullion, and the Mint Gift Shop is within the City of Denver (which would be Conder101's point). Report this Post to the Staff
RollHunter Pillar of the Community United States 687 Posts	Posted 02/22/2010 10:17 pm Quote: Not from around here, HUH? People use real ID's? Actually I am. I just figured if you were going to bother with a fake there's easier ways to get one. Then again, I've never tried so what the heck do I know. Report this Post to the Staff
Adam_E Pillar of the Community United States 4846 Posts	Posted 02/22/2010 10:19 pm does Florida tax them? Report this Post to the Staff
collect4fun Pillar of the Community United States 1151 Posts	Posted 02/26/2010 10:26 pm Penny guy, in MI you need a sales tax license to collect sales tax. Unless you have a business that is more or less permanent, ie that is your livelyhood, most people do not get one. You most likely will not ever pay sales tax at a garage sale, flea market etc. Now if one of the people at the flea market is a full time dealer, than that is another story. I believe there is something in the works for a seller on ebay, if you exceed a certain dollar amount in sales than you are considered a dealer and are then required to obtain a sales tax license, collect sales tax and remit to the state on a quarterly basis. Report this Post to the Staff
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