Stack Exchange Network

Stack Exchange network consists of 175 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Questions tagged [sales-tax]

For questions relating to taxes collected on the sale of goods and services. In most cases, a country, region, or state/province tag should be included as well.

0
votes
1answer
99 views

Can I sell my Nevada LLC's remaining inventory to myself at liquidation prices to avoid high sales tax?

I have a small Nevada LLC that I'm dissolving. I used it for ecommerce, but business has been bad the last year and now I've got some inventory left over. Because all of my inventory was bought for ...
0
votes
1answer
85 views

Selling A Car Anonymously

Is it ever legal for me to sell a car to someone by just signing my name and dating the title, such that the buyer's information is completely blank? To be clear, the title itself is legal, clean, and ...
2
votes
0answers
73 views

Do I pay sales tax exporting the bike

We live in The Netherlands (Europe), we are Dutch. We are now buying a motorcycle in Florida, but are going to pick it up in July and then leave the state, since we're making a roadtrip. After 2 ...
1
vote
1answer
54 views

What is the sales tax for businesses in New York state?

I got a bill for an expensive item sold to me in upstate New York near Syracuse. The sales tax was 8.5%. I read a sales tax guide by New York City Department of Finance that seems to say that the ...
0
votes
0answers
23 views

How to apply 1% rate reduction using GST/QST Quick method?

I use Quick method for calcualting GST/QST remittances: The Quick Method is a simplified accounting method designed to help registrants calculate the GST and QST they must remit to Revenu ...
1
vote
1answer
95 views

Dropshipping and sales tax in sole proprietorship LLC

I own a new LLC as a sole proprietor and plan to file profits through my personal tax return. However, my business is entirely online and dependent either on affiliate or dropshipping channels. For ...
1
vote
1answer
91 views

quick method of accounting in QuickBooks online

I use QuickBooks online for accounting. For collecting sales taxes I choose Quick method. But I don't know how I can use it in QuickBooks online. I found the following question on Quickbooks forum: ...
1
vote
1answer
44 views

Buying a used car out-of-state with differing trade-in tax policies

I currently live in a state that doesn't allow a trade-in tax credit and I am considering buying a used car that resides in a state that does. I will probably trade in my car as part of the purchase, ...
1
vote
1answer
133 views

Do I still pay internet taxes

If I buy, over the internet, a gift that is going to a non-sales-tax state (OR) resident do I still pay my local (WA) sales tax? Or, should I just drive to their place in OR and have them buy it? This ...
1
vote
1answer
67 views

Does a Legalzoom service that provides a physical report qualify for Use tax?

I'm working on my Nevada LLC's sales tax report for this last quarter. A few months ago we paid Legalzoom to do a patent search, and the receipt doesn't list any sales tax. They sent us a folder ...
3
votes
1answer
98 views

Sales tax or Use tax

A sales tax is defined as "A sales tax is a consumption tax imposed by the government on the sale of goods and services"" A use tax is defined as "A sales tax on purchases made outside one's state of ...
1
vote
1answer
47 views

Canada Taxes GST and HST on different goods

I'm developing an eCommerce site for a client whose shop is based in Ontario, Canada. They sell books, DVDs and music CDs to all provinces in Canada. After reading up on Canada's sales-tax system, the ...
1
vote
0answers
29 views

Can sales tax in a foreign country be used as credits to offset US taxes?

Say you are an American citizen living in the UK. You are required by [draconian] U.S. law to pay full taxes on your income as though you are resident in the U.S. However, there are several treaties ...
1
vote
1answer
95 views

Is NY sales tax applicable to visitor

I am going to stay in NY for a week and I will buy few electronics. This will be a around $15.000. I would like to know if I need to pay sales tax; or I am exempt from paying the sales tax as I don't ...
2
votes
2answers
183 views

Do I need to pay sales tax selling to US customers from Europe? Does selling through Google change that?

I am an EU (Belgium) based indie developer preparing for the release of my first (game) app next week. I will be offering the game through the Google Play Store. For a lot of countries/regions, Google ...
2
votes
1answer
214 views

Legal issues for selling software for a student on F-1 visa [closed]

A friend of mine is going to sell subscriptions for a SAAS software and he is on F-1 student visa as a non-resident alien. I have got a couple questions about legal issues: Does he need to form an ...
2
votes
1answer
103 views

How does sales tax on a cross-state vehicle sale work?

I am thinking of buying a boat in Connecticut and moving it to Massachusetts. The dealer says I pay no sales tax in Connecticut, only when I register it in Massachusetts do I pay. Is this true? I ...
4
votes
0answers
78 views

Understanding Nexus as a small business owner

I'm interested in becoming a 3rd party Amazon FBA (fulfilled by Amazon) seller. I recently learned about a rule called "nexus". Basically, I understand I have nexus (tax liability) in the state ...
2
votes
1answer
175 views

Am I paying taxes on my electricity unnecessarily?

I live in Tallahassee, Florida where everyone gets their electricity from Talgov. I recently looked at my utility bills and realized my electricity charges were about 10-11% larger each month than I ...
2
votes
1answer
65 views

Recognizing the revenue on when virtual 'credits' are purchased as opposed to used [closed]

I have an application where the user pays for access with credits he or she buys up front, at $10 each. Let's say the user buys 100 credits for $1000 on January 1st. The credits expire 1 year later. ...
0
votes
1answer
207 views

Do I need to collect sales tax on already taxed items?

Background I'm looking into opening a delivery business that picks up and delivers items customers have already bought from local stores. Items could be furniture or food. For the purpose of this ...
-8
votes
2answers
4k views

Avoiding sales tax on camera equipment [closed]

I have an order in progress with B&H which is a camera dealer in New York City. Apparently, they are planning to charge me over $1000 in sales tax on top of the cost of the equipment. Is there a ...
1
vote
2answers
457 views

Auto Lease Payment Increase.

I leased a Mazda through Chase Bank in July 2014, living in NJ. I moved to Florida in January 2016. My payment increased from $241. to $258. I was told it was due to tax. Can you explain that to me? I ...
4
votes
0answers
2k views

NY State Sales Tax on Lease Transfer

I am hopeful that someone can help me understand New York State (NYS) Sales Tax with regards to a lease take over, in what seems to be paying tax twice. So here is the scenario: Person A leases a ...
3
votes
2answers
188 views

Why was Kittery a shopping destination in the 1980s?

When I was a kid in the 1980s we used to go to Kittery Maine (from Massachusetts) for shopping expeditions and the explanation given was that there was no sales tax there. On looking at the history ...
3
votes
1answer
109 views

100% Ownership and 30% profit to sale director

I am seeking understanding. I 100% own a new service-based tech company. My business is registered as an LLC. I am about to launch and I seek to make sales, yet I don't have the resources to pay staff ...
0
votes
2answers
51 views

Calculating tax when a promotion or reduction has been applied to the sale amount in Australia by a third party?

I am working on an app that resells a service in Australia. To encourage use of our app we want to provide promo codes to the end user. The money to fund this promotion comes from our marketing ...
-2
votes
5answers
330 views

In Chicago, would it be possible to get a receipt totalling $20.17?

Chicago's combined sales tax is 10.25%. So, a subtotal of $18.29 would end up costing $18.29 * 1.1025 = $20.1647, which would get rounded down to $20.16, right? A subtotal of $18.30 would end up ...
4
votes
1answer
279 views

What value do I declare on the title transfer if I make an even trade?

I am considering trading a car to my friend in exchange for some livestock (of similar value). The car is worth $9000, and the livestock is worth closer to $11,000. What do I put in the sale price on ...
1
vote
0answers
77 views

App Store Taxable Sales, US

Trying to determine "Taxable Sales" for App Store sales for Sales Tax filing purposes. As everyone knows Apple or Google take a 30% cut of all the sales, so my question is do "Taxable Sales" count ...
6
votes
2answers
2k views

Do I have to pay Sales Tax on my leased car twice when moving from VA to FL?

I have a vehicle that I'm leasing and in the state of Virginia you pay sales tax on the full purchase price of the car when you are leasing. I have now moved to Florida and the lease company has ...
3
votes
1answer
83 views

Tax on online shopping vs shopping from physical store

I have been purchasing products from Amazon in the US. What I see that they don't charge any taxes when I purchase. Recently I purchased a product from BestBuy that had sales tax and I got the same ...
3
votes
1answer
232 views

Plumber charging VAT on parking

I have a plumber do some work for me recently, and in the invoice he included the parking cost. This was for on-street parking, which I know has no VAT applied to it as it is a direct payment to the ...
2
votes
1answer
2k views

Is VAT applied when a tradesman charges for materials?

I have been employing a plumber to do some work in my bathroom, and recently received the invoice. This consists of a charge for the labour, plus a list of materials used for the job, which he is also ...
2
votes
3answers
534 views

Why charge gross receipts taxes to the customer?

I live in New Mexico where we have "gross receipts tax", and there's a notion that this tax is "charged to the customer". For instance, when I see a TV that is on sale for $100, I'll really end up ...
11
votes
2answers
3k views

How should I report earning from Apple App Store (from iTunes Connect) in Washington state?

Washington Department of Revenue requires to report all sales by Apple of my applications in the Washington state on my personal excise return. Then I must calculate sales tax and I should deduct the ...
0
votes
1answer
61 views

Living overseas and selling house question?

Couple of questions regarding selling my house. I live overseas and have done for 10 years now. I am looking to sell my property in Louisiana which has been a rental property. As I have not lived in ...
1
vote
0answers
75 views

Am I required to have my website registered as a business in Canada to collect HST?

Am I required to have my website registered as a business in Canada ON, to be able to sell ads? does the amount of income makes any difference? The reason I am asking this is I have been told that if ...
4
votes
0answers
209 views

What do codes “O”, “T”, “X”, and “N” mean on Wal-Mart receipts? [duplicate]

What do the four individual Walmart receipt codes of "O", "T", "X", and "N" denote?
4
votes
1answer
173 views

How to buy out one person's share of a jointly owned vehicle with the lowest taxes and fees

I currently own a car jointly with another person. We are both on the title and both on the current loan. Now I have reason to buy the other person's share of the vehicle so that I am the sole owner....
3
votes
1answer
444 views

Freemium Model In-App Purchases Sales Tax

Sales tax for paid apps is somewhat well defined depending on state tax code, things like downloadable or boxed software seem to be covered, and most states will require a sales tax for sold / ...
0
votes
1answer
106 views

Why would an error in sales tax not affect IRS tax due?

Someone filed out their US 1040 using H&R Block Tax Software. They have under $2K tax due: less than employer withholding, so they have a refund coming. They live in a state with sales tax but no ...
2
votes
0answers
393 views

Would I have to pay tax when transferring a vehicle title from a family member across state lines?

I have a reservation for a Tesla Model 3 and just found out that my brother recently got a Model X. Tesla says they plan to give priority to previous owners, so I was wondering if it would make sense ...
1
vote
1answer
157 views

Paying taxes on a boat purchase in California as a Washington resident

It seems like there are two options when buying a boat in California as a non-resident: pay California sales/use tax pay a lawyer to perform an offshore delivery and pay sales/use tax in the state of ...
2
votes
1answer
3k views

Why is sales tax collected again when selling a used vehicle (or any selling any item multiple times)? [closed]

Why is sales tax charged on a used vehicle purchased from an individual? When a vehicle is purchased new the sales tax is paid on it at that point. If I, as an individual, sell the vehicle later, I ...
0
votes
2answers
109 views

Is tax calculated on the final sale price of an item, or can it be deducted using the difference in two different prices?

Usually this sort of calculation doesn't make a huge difference, but occasionally there is a difference of about 1 cent or so. Let's say the sales tax is 8%, and the regular price of a taxable item ...
3
votes
1answer
3k views

Taxes: buy wedding ring in Oregon, but ship to California

I am planning to buy an expensive wedding ring in Oregon to save on sales tax, and ship it home to California to then propose to the long-term girlfriend. If I showed up at a jewelry shop in Oregon ...
5
votes
2answers
4k views

Car lease payment went up after moving to new state

Recently, I moved to Kentucky from Ohio and my monthly auto lease payment with Chase Bank went up by about 8%. How is this possible if the tax difference between each state is only 0.5%? According to ...
4
votes
2answers
191 views

Charging sales tax for goods sold out of state?

Do I need to charge sales tax for goods sold in DC if I'm a florist based in Oregon (a no sales tax state)?
1
vote
1answer
120 views

Written off sales in Canada GST/HST Return

I've made sales to my customer but i couldn't collect the payment so i made it as a bad debt. Now i'm preparing GS/HST return to CRA. I'm sure i do not need to report the written off tax amount to ...