On 10/18/2017 9:38 PM, Spalted Walt wrote:
" wrote:

On Wednesday, October 18, 2017 at 4:16:41 PM UTC-5, Spalted Walt wrote:
Sonny wrote:

The jointer went for $3700, probably a reasonable price.

$3,700
555 (15% Buyer's Premium)
+ 370 (10% Baton Rouge Sales Tax)
------
$4,625 OUCH!

http://www.irsauctions.com/popups/au....asp?auc=21435
https://www.taxrates.com/state-rates...s/baton-rouge/

Sales tax on auction items? I have been to a few farm auctions,
and there is no sales tax. The buyer's premium is possible. But
sales tax on a used item?

From: http://www.irsauctions.com/popups/au....asp?auc=21435
"TAXES: Sales tax where applicable, applies to all sales unless the
Buyer, in the sole determination of Auctioneer, provides Auctioneer
with proper sales tax exemption documents."

The only internet auction I've ever bought from is eBay. The only
time I pay sales tax through eBay is if the seller is located in my
State. I have never paid a "Buyer's Fee" regardless.

If I were the highest bidder on either of the following auctions, I
would only pay my wining bid amount because I'm not a resident of
California...
https://www.ebay.com/itm/16-Oliver-J...-/332416278526
or Maine...
https://www.ebay.com/itm/16-Northfie...-/322824843349


But you may be subject to the Use Tax. Ebay gets a cut of the selling
price and that is included in your bid offer. In most sttes if you are
not charged a tax on out of state purchases you are supposed to pay a
Use Tax to your home state. Just send it in!