eBay Sales Tax Collection Roll-Out Is a Huge Mess For Bullion Purchases
I can't be the only person that thinks the eBay roll-out of sales tax collection has been a huge mess. I can only speak for myself living in California, but there is no consistency among sellers and just about no one is collecting as per the law. I can name at least 1 seller in 4 different categories of collecting correctly and incorrectly now. They are:
- Out of State Seller who collects correctly, i.e. collects for purchase under $1500, does not collect for purchase over $1500: APMEX looks to me to be collecting correctly.
- In State Seller who collects correctly, i.e. collects for purchase under $1500, does not collect for purchase over $1500: Liberty Coin looks to collect correctly. They collect for over $1500 but immediately refund the sales tax they shouldn't have collected.
- Out of State Seller who collects incorrectly, i.e. collects for all purchases even over $1500: I won't name a name but it's a big company, I just sent them an eBay message - shame too cause I wanted to make a purchase from them.
- Out of State Seller who is not collecting at all, i.e. not collecting even for purchases under $1500: I won't name a name but there is at least one.
All the sellers I am thinking of are pretty big sellers on eBay. None of them are joe small guy coin physicist like me. And everyone is collecting differently and very few people are collecting correctly. APMEX is the only seller I have seen that automatically has everything correct from the start and Liberty Coin will make it right. But besides that, this sales tax collection has become a big freaking mess.
EDIT: The law as I understand it is that bullion/coin purchases under $1500 should have sales tax collected, and over $1500 should be exempt.
Successful transactions with: wondercoin, Tetromibi, PerryHall, PlatinumDuck, JohnMaben/Pegasus Coin & Jewelry, CoinFlip, and coinlieutenant.