Here's a question I could ask PCGS but I'll try it here first.

richardshipp · September 27, 2008 6:14AM

It's my understanding that PCGS is located in California.

When I send my coins in for grading I mail them to California.

The grading and slabbing if appropriate is done in California (I'm assuming)

And when my coins are returned via postage I paid for, they arrive to me in Texas from California.

With my understanding of the above I'm wondering why...

On my Collectors Club Member Renewal form which for all intensive purposes looks to be generic... under the pricing options it says:

"TX residents add 7% sales tax"

It doesn't say anything about any other state. Why would I have to pay Texas Sales tax for "services" done by a company in California ?

OK Flame away...

Unknown · September 27, 2008 6:19AM

This content has been removed.

rgCoinGuy · September 27, 2008 6:19AM

Part of the new Paulson Bailout plan I believe.

Bochiman · September 27, 2008 6:22AM

Californians HATE Texans

richardshipp · September 27, 2008 6:26AM

I don't remember having to pay tax on the collectors club in the past but if I did and would have noticed it then I'd of griped about it.

I also don't remember paying 7% sales tax on the coins that they grade ? So does PCGS pull the 7% tax out of the set grading fees and pay it to the State of Texas as well ?

doh · September 27, 2008 6:35AM

<< Because you live in Texas and when you buy something the sales tax in Texas must be 7%, if you lived in CA it would have been higher. >>

I live in Illinois. We have a sales tax. I don't pay any tax on my collector's club membership.

Barndog · September 27, 2008 6:42AM

<< I don't remember having to pay tax on the collectors club in the past but if I did and would have noticed it then I'd of griped about it.

I also don't remember paying 7% sales tax on the coins that they grade ? So does PCGS pull the 7% tax out of the set grading fees and pay it to the State of Texas as well ? >>

never paid TX sales tax on PCGS membership in the past, we'll see what the next renewal brings

grip · September 27, 2008 6:50AM

Just a guess but TX and CA have agreed to a mutual sales tax on purchases made in those two
states. Other states could be different.

Al

BECOKA · September 27, 2008 7:02AM

My guess is TX is much more strict on obtaining sales tax on items/services that it's residence purchase.

FatMan · September 27, 2008 7:02AM

Maybe PCGS owns more of Heritage than we thought.

ldhair · September 27, 2008 7:27AM

Could it be that Texas has no property tax and the make that up with sales tax?

Barndog · September 27, 2008 8:32AM

<< Could it be that Texas has no property tax and the make that up with sales tax? >>

unfortunately not

grip · September 27, 2008 10:24AM

<< 

<< Could it be that Texas has no property tax and the make that up with sales tax? >>

unfortunately not >>

Texas is ranked 38 in the nation for property tax's

.But it has no income tax.

Al

lathmach · September 27, 2008 10:31AM

Texas and California have a reciprocal sales tax agreement, as you have found out.

Ray

Steve27 · September 27, 2008 10:49AM

<< Texas and California have a reciprocal sales tax agreement, as you have found out.

Ray >>

That's what I was thinking. PCGS is still in Santa Ana, CA near the airport LINK. Although, they could have confused Santa Ana, CA with Santa Ana, TX (humor).

Barry · September 27, 2008 11:06AM

On my Collectors Club Member Renewal form which for all intensive purposes looks to be generic... under the pricing options it says:

I'm surprised none of the grammar/phrase experts have attacked this line yet. Anyone?

coinsarefun · September 27, 2008 11:14AM

<< Californians HATE Texans >>

Stefanie

notwilight · September 27, 2008 11:17AM

The California Board of Equalization hasn't told me to collect sales tax on sales to Texas. --Jerry

gecko109 · September 27, 2008 11:20AM

<< On my Collectors Club Member Renewal form which for all intensive purposes looks to be generic... under the pricing options it says:

I'm surprised none of the grammar/phrase experts have attacked this line yet. Anyone? >>

intents and purposes

BAJJERFAN · September 27, 2008 11:27AM

<< It's my understanding that PCGS is located in California.

When I send my coins in for grading I mail them to California.

The grading and slabbing if appropriate is done in California (I'm assuming)

And when my coins are returned via postage I paid for, they arrive to me in Texas from California.

With my understanding of the above I'm wondering why...

On my Collectors Club Member Renewal form which for all intensive purposes looks to be generic... under the pricing options it says:

"TX residents add 7% sales tax"

It doesn't say anything about any other state. Why would I have to pay Texas Sales tax for "services" done by a company in California ?

OK Flame away... >>

Just don't pay it.

Barry · September 27, 2008 10:22PM

<< 

<< On my Collectors Club Member Renewal form which for all intensive purposes looks to be generic... under the pricing options it says:

I'm surprised none of the grammar/phrase experts have attacked this line yet. Anyone? >>

intents and purposes >>

Thank you Gecko. It's like six and one half dozen (another butcher job I've heard used...)

TwoSides2aCoin · September 27, 2008 10:35PM

I can answer your question, but then I will be guilty of telling too much truth and it deals with politics, so just move from Texas or go to a place where FEMA is set up and get your free

On the other hand, maybe it was a "Mechanical Error" and someone at PCGS misspelled teXas

BlackBeard · September 27, 2008 10:47PM

I just received a renewal form in Florida and the form only mentioned taxes for Texas as the OP stated. Which is odd because normally businesses only collect sales tax in the state or states where they have a physical office from what I understand.

jnd1955 · September 27, 2008 10:50PM

dont want to paid the taxes. well its easey. go down to your local L&I office and fill out a buss lic. form, pay the 25.00 bucks
and get your self a tax number. send a copy to pcgs ristering you co. and then at the end of each quarter when filling your taxes
log no activety. ((be sure to log your co. as INC. this seperates your presonal from your buss.

gecko109 · September 30, 2008 12:03AM

<< 

<< 

<< On my Collectors Club Member Renewal form which for all intensive purposes looks to be generic... under the pricing options it says:

I'm surprised none of the grammar/phrase experts have attacked this line yet. Anyone? >>

intents and purposes >>

Thank you Gecko. It's like six and one half dozen (another butcher job I've heard used...) >>

Or how about "French benefits"?

MadMarty · September 30, 2008 12:20AM

OK I know BJ (the registry goddess) lives and works out of Texas. If she is claiming her office there as a PCGS office, PCGS has offices in CA and TX. So Sales Tax must be collected in Texas as well as CA.

19Lyds · September 30, 2008 12:37AM

<< 

<< Texas and California have a reciprocal sales tax agreement, as you have found out.

Ray >>

That's what I was thinking. PCGS is still in Santa Ana, CA near the airport LINK. Although, they could have confused Santa Ana, CA with Santa Ana, TX (humor). >>

Uhhh in the same building as "Good Rockin Tonight"?

Well there you go!

robkool · September 30, 2008 12:38AM

<< 

<< Texas and California have a reciprocal sales tax agreement, as you have found out.

Ray >>

That's what I was thinking. PCGS is still in Santa Ana, CA near the airport LINK. Although, they could have confused Santa Ana, CA with Santa Ana, TX (humor). >>

Their just down the street from my house...

lkeigwin · September 30, 2008 8:28AM

I don't think there's any reciprocal sales tax agreement between CA and TX.

There is, however, a multi-state push to get retailers to collect sales tax on out of state purchases. Called SSUTA (Streamlined Sales and Use Tax Agreement ), it is pretty young and focused today on a simple sales tax agreement to deal with state's differing sales tax rates -- one common rate, in other words. It is also impotent since only congress can force businesses to collect sales tax on out-of-state purchase. But it is counting on momentum and some big retailers are signing on because of amnesty offers.

As of today, businesses are not required to collect out-of-state sales tax unless they have a physical presence. And it can be quite small. Does PCGS have offices, a warehouse, etc. in TX? Even if it doesn't have a presence in TX it still may collect sales tax if it cares to. I can't imagine why it would want to so I'm guessing there is a satellite PCGS building somewhere in TX.

Remember too that even if you aren't charged sales tax you are still required to pay it. It goes on your annual tax return and is called a "use tax". Some states (particularly NY & CA) are getting pushy. How silly...I'm sure we're all complying and paying our "use taxes" when we didn't pay sales tax, right?

With the economy as it is I'll bet we hear a lot more about this. I'll also bet that within five years we'll pay sales tax on all out of state purchases unless you live in one of the five (?) states that don't have sales tax...Oregon, Delaware, Montana, Alasksa, New Hampshire (others?).

grip · September 30, 2008 9:18AM

<< I don't think there's any reciprocal sales tax agreement between CA and TX.

There is, however, a multi-state push to get retailers to collect sales tax on out of state purchases. Called SSUTA (Streamlined Sales and Use Tax Agreement ), it is pretty young and focused today on a simple sales tax agreement to deal with state's differing sales tax rates -- one common rate, in other words. It is also impotent since only congress can force businesses to collect sales tax on out-of-state purchase. But it is counting on momentum and some big retailers are signing on because of amnesty offers.

As of today, businesses are not required to collect out-of-state sales tax unless they have a physical presence. And it can be quite small. Does PCGS have offices, a warehouse, etc. in TX? Even if it doesn't have a presence in TX it still may collect sales tax if it cares to. I can't imagine why it would want to so I'm guessing there is a satellite PCGS building somewhere in TX.

Remember too that even if you aren't charged sales tax you are still required to pay it. It goes on your annual tax return and is called a "use tax". Some states (particularly NY & CA) are getting pushy. How silly...I'm sure we're all complying and paying our "use taxes" when we didn't pay sales tax, right?

With the economy as it is I'll bet we hear a lot more about this. I'll also bet that within five years we'll pay sales tax on all out of state purchases unless you live in one of the five (?) states that don't have sales tax...Oregon, Delaware, Montana, Alasksa, New Hampshire (others?). >>

Good post.
Al

BAJJERFAN · September 30, 2008 10:01PM

So what was the official explanation from PCGS if any?

Here's a question I could ask PCGS but I'll try it here first.

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