Ann Arbor, MI
Another reason it's good not to have to ship.
But 500-700 more might take a cut into premium sales you think?
(Topic ID: 233111)
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Quoted from Darcy:So you guys are stating that if a pin is sold on a private basis, that the seller has to charge the tax? How does the gov't collect it?
Just guessing the person must claim it as income on their taxes?
Quoted from DBLM:Show of hands of who here is really tapping out on NIB for an extra $500 of taxes?
Depends how much the actual OTD price is but $500 is a big bump. eXpecially when there was already sort of a $500 bump not too long ago.
Of course as long as the value holds up over time as it has been, it might still be OK.
Quoted from DBLM:Not picking on you at all Law but they will do what you just did and rationalize it. If a person can afford to buy a NIB, they will find a way to rationalize the extra taxes to scratch that itch.
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Believe me I understand my post is completely rationalizing it. 
The problem for them is I'm already on the bottom, and at a certain point I will drop out of their market all together. LE & premium buyers could at least go down to a pro.
1 week later
Quoted from dnapac:...I’ve never had my accountant ask, at tax time, if I made any out of state purchases this past year, and what the total was so I can pay my tax on it.
I do my own taxes and it's clearly right there...although I have found the language a bit confusing (Mich).
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