coins sell tax in wisc ?

Comments

• USAFRETWI Posts: 464 ✭✭✭

  April 18, 2010 11:10PM

  Yes they do tax coins and currency in this lovely state (WI)

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• notwilight Posts: 12,864 ✭✭✭

  April 18, 2010 11:23PM

  At what rate?
  
  Does that apply to bidders from CA? --Jerry

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• USAFRETWI Posts: 464 ✭✭✭

  April 19, 2010 12:05AM

  A little over 8%, most people I come across on Ebay for instance don’t charge the tax if selling outside the state.

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• USAFRETWI Posts: 464 ✭✭✭

  April 19, 2010 12:07AM

  They've tried numerous times to get the law changed but it's failed.

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• johnny9434 Posts: 29,323 ✭✭✭✭✭

  April 19, 2010 3:04AM

  so wheres this list of tax on coins/currency? as the op has asked

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• divecchia Posts: 6,688 ✭✭✭✭✭

  April 19, 2010 3:44AM

  
  
  << <i>so wheres this list of tax on coins/currency? as the op has asked >>
  
  
  
  I believe the tax rate would be whatever the state charges on sales tax if the purchase is made in the same state that you reside in.
  
  Here's a link to the states and their sales tax rates...Scroll down to find the different states and an explanation of how each state applies their sales tax.
  Link
  
  Hope it helps...Donato

  Hobbyist & Collector (not an investor).
  Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set
  
  Successful transactions: Shrub68 (Jim), MWallace (Mike)

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• fastfreddie Posts: 2,905 ✭✭✭✭✭

  April 20, 2010 6:48AM

  
  
  << <i>
  
  << <i>so wheres this list of tax on coins/currency? as the op has asked >>
  
  
  
  I believe the tax rate would be whatever the state charges on sales tax if the purchase is made in the same state that you reside in.
  
  Here's a link to the states and their sales tax rates...Scroll down to find the different states and an explanation of how each state applies their sales tax.
  Link
  
  Hope it helps...Donato >>
  
  
  
  If you don't pay a sales tax at the point of sale then it's called USE tax and is owed at the end of the year on your tax return to the state you reside unless coins are specifically exempted or limited by dollar value on purchases.

  It is not that life is short, but that you are dead for so very long.

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• PTVETTER Posts: 6,028 ✭✭✭✭✭

  April 20, 2010 6:52AM

  PA has no sales tax on coins or bullion!

  Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211
  
  
  

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