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Do modestly priced coins to California stop on Monday?

topstuftopstuf Posts: 14,803 ✭✭✭✭✭

https://www.digitalcommerce360.com/2018/12/13/california-sets-its-online-sales-tax-enforcement-date/

The California Department of Tax and Fee Administration (CDTFA) will begin requiring out-of-state sellers to start collecting California use taxes on their sales in California as of April 1.

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Comments

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    Easy fix. Don’t sell to anyone in CA. :o

    ——-

    CDTFA will require online retailers that do not have a physical presence in the state to collect sales tax if they generate more than $100,000 of gross sales or services and at least 200 transactions annually in the state. The requirement is not retroactive and applies only to sales made on and after April 1, 2019.

  • sellitstoresellitstore Posts: 2,905 ✭✭✭✭✭

    Yes, but you have to sell at least $100,000 per year to California residents AND have over 200 transactions per year (to CA) to be subject to filing and paying this tax. This applies to very few of us.

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    edited March 30, 2019 7:21AM

    @Hemispherical said:
    Easy fix. Don’t sell to anyone in CA. :o

    If it's over $1500 it's exempt.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @sellitstore said:
    Yes, but you have to sell at least $100,000 per year to California residents AND have over 200 transactions per year (to CA) to be subject to filing and paying this tax. This applies to very few of us.

    Hmm... is it “and” or “or”? Article stated “or”.

    Need to find the actual law or statute.

    —————

    Found it. It’s “or”.

    https://www.cdtfa.ca.gov/industry/wayfair.htm

    Beginning April 1, 2019, retailers located outside of California are required to register with the California Department of Tax and Fee Administration (CDTFA), collect the California use tax, and pay the tax to the CDTFA based on the amount of their sales into California, even if they do not have a physical presence in the state. The new collection requirement applies to a retailer if during the preceding or current calendar year:

    The retailer's sales into California exceed $100,000, or
    The retailer made sales into California in two hundred (200) or more separate transactions.
    The new collection requirement is pursuant to Revenue and Taxation Code (RTC) section 6203 (section 6203) (Stats. 2011, ch. 313, § 3) and the U.S. Supreme Court's June 21, 2018, decision in South Dakota v. Wayfair, Inc. (Wayfair) (Dock. No. 17-494).

    The new collection requirement will apply to taxable sales of tangible personal property to California consumers on and after April 1, 2019, and is not retroactive. Retailers reaching either of the above sales thresholds are now required to register with the CDTFA to collect the California use tax even if they were not previously required to register. These retailers include retailers that sell tangible goods for delivery into California through the Internet, mail-order catalogs, telephone, or any other means.

    This guide contains information about the effect of the Wayfair decision on the California state, local and district use tax, and special taxes and fees collection requirements.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @topstuf said:

    @Hemispherical said:
    Easy fix. Don’t sell to anyone in CA. :o

    If it's over $1500 it's exempt.

    I was going to look that up, but, it’ll take a few years to read through CA’s writing on the CDTFA..... ;)

  • AUandAGAUandAG Posts: 24,780 ✭✭✭✭✭

    How would they know that someone had 200+ individual transactions in their state?

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @AUandAG said:
    How would they know that someone had 200+ individual transactions in their state?

    bob :)

    An audit of one’s books. Outside that, honesty.

  • sellitstoresellitstore Posts: 2,905 ✭✭✭✭✭
    edited March 30, 2019 8:23AM

    @Hemispherical said:

    @sellitstore said:
    Yes, but you have to sell at least $100,000 per year to California residents AND have over 200 transactions per year (to CA) to be subject to filing and paying this tax. This applies to very few of us.

    Hmm... is it “and” or “or”? Article stated “or”.

    Need to find the actual law or statute.

    —————

    Found it. It’s “or”.

    https://www.cdtfa.ca.gov/industry/wayfair.htm

    Beginning April 1, 2019, retailers located outside of California are required to register with the California Department of Tax and Fee Administration (CDTFA), collect the California use tax, and pay the tax to the CDTFA based on the amount of their sales into California, even if they do not have a physical presence in the state. The new collection requirement applies to a retailer if during the preceding or current calendar year:

    The retailer's sales into California exceed $100,000, or
    The retailer made sales into California in two hundred (200) or more separate transactions.
    The new collection requirement is pursuant to Revenue and Taxation Code (RTC) section 6203 (section 6203) (Stats. 2011, ch. 313, § 3) and the U.S. Supreme Court's June 21, 2018, decision in South Dakota v. Wayfair, Inc. (Wayfair) (Dock. No. 17-494).

    The new collection requirement will apply to taxable sales of tangible personal property to California consumers on and after April 1, 2019, and is not retroactive. Retailers reaching either of the above sales thresholds are now required to register with the CDTFA to collect the California use tax even if they were not previously required to register. These retailers include retailers that sell tangible goods for delivery into California through the Internet, mail-order catalogs, telephone, or any other means.

    This guide contains information about the effect of the Wayfair decision on the California state, local and district use tax, and special taxes and fees collection requirements.

    O/P Article in "Internet Retailer" said "AND", but your source says "OR". Which do we think is right? I'll go with the CA tax dept. website.

    "CDTFA will require online retailers that do not have a physical presence in the state to collect sales tax if they generate more than $100,000 of gross sales or services and at least 200 transactions annually in the state. "- Internet Retailer

    Collector and dealer in obsolete currency. Always buying all obsolete bank notes and scrip.
  • AUandAGAUandAG Posts: 24,780 ✭✭✭✭✭

    I rather doubt that CA has enough auditors to achieve CA's goal.

    LOL

    bob :(

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    @sellitstore

    Went straight to the source, CA’s gov website: https://www.cdtfa.ca.gov/industry/wayfair.htm

    Bold added, “The retailer's sales into California exceed $100,000, or
    The retailer made sales into California in two hundred (200) or more separate transactions.”

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Tax audits are very fun.
    I had TWO the same year. Fed AND state.
    Passed both with notation, "Recommend accepted as filed"

    Whew.

    Funny incident though: auditor was in back room and called me back. He wanted to know why we were off $60 some thousand bucks on unreported sales.
    I reached over on the table HE was using and there, on top of the stack..... was the wayward 60 grand "discrepancy."
    I pointed at it and asked if he had seen it. :D;):p

    it was on the proper form, too.

    He went out, got in his car and we never heard from him again. Other than the report of ...okay. B)

  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭

    I would says don't sell the cheap stuff to those people in Calif.

  • jmlanzafjmlanzaf Posts: 34,549 ✭✭✭✭✭

    Just sell to them on ebay and let ebay collect the tax and pay it

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    edited March 30, 2019 10:42AM

    :)unclear on concept >:)

    :D

  • ARCOARCO Posts: 4,396 ✭✭✭✭✭

    @topstuf said:
    https://www.digitalcommerce360.com/2018/12/13/california-sets-its-online-sales-tax-enforcement-date/

    The California Department of Tax and Fee Administration (CDTFA) will begin requiring out-of-state sellers to start collecting California use taxes on their sales in California as of April 1.

    You have to generate 100K or more in sales or more than 200 sales to the state. Since an entity would have to register with the state, Ebay won't be collecting the tax - unless it acting as a passthrough, but since Ebay is not the corporate entity it could never accurately complete the sales tax forms. You would have to be audited by the state if you did not register and surpassed the taxing threshold.

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