(Topic ID: 233111)

2019 New Pinball purchase will be taxed.

By mnpinball

5 years ago


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  • Latest reply 4 years ago by SadSack
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    Topic index (key posts)

    8 key posts have been marked in this topic

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    Post #297 Comments from a distributor. Posted by KingPinGames (5 years ago)

    Post #304 More info from a distributor. Posted by KingPinGames (5 years ago)

    Post #355 Economic nexus test, uses Louisiana as an example. Posted by iceman44 (5 years ago)

    Post #415 Comment from distributor. Posted by Gexchange (5 years ago)

    Post #465 State by state tracker. Posted by flynnibus (5 years ago)

    Post #505 Some expierence for 2019 and suggestions. Posted by Pinzap (5 years ago)

    Post #513 Break down of thresholds state by state Posted by Hemispheres (5 years ago)


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    #49 5 years ago

    Think also of the implications of tax free states (like mine - NH) surrounded by taxable states and how it can impact the 2nd hand market.

    Typically newer Stern HUO's are only going for $200-300 less than NIB. If a buyer in a state with a higher sales tax (like RI for instance which I think is 7.0%) wants a NIB Stern Pro, they're probably looking at $5700 + $399 = $6,099, and yes I'm assuming a price hike for Munsters onward, ignoring shipping.

    Meanwhile that same Pro in NH costs us only $5700.

    So when seller in RI wants to sell, they may think that they can get $200-300 less and sell for $5800-5900, and they may, but not to NH buyers anymore. Conversely, for NH NIB buyers want to eventually sell, they can then ignore potential NH buyers and in theory could list the same game for $5800 (more than purchase price) and be on the low end of the RI market.

    Just saying it can have an effect at areas near borders of tax-free states.

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    #53 5 years ago
    Quoted from Luckydogg420:

    I wonder if stern will reduce their price to alleviate some of this added cost.

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    #87 5 years ago
    Quoted from AFM95:

    I'm curious to what everyone's thoughts are about what will happen with the pricing in the secondary market?

    As I mentioned in Post #49, I think that's one of the most interesting angles. In the Northeast FS thread, a lot of transactions go down between states like NH and RI. NH = 0% Tax. RI = 7% Tax. That means we're buying NIB at different prices, and the 2nd hand market will also certainly reflect it.

    When NH sellers go to sell a HUO game, target prices will be what attracts taxed states like RI, and may even mean NH sellers can charge $100 over NIB pricing while still offering a deal to RI buyers. Meanwhile any RI seller will try to pass the tax they paid to the next buyer and every NH person will laugh at the idea of paying $100-200 over our own NIB price. It shakes things up.

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