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S. Dakota v. Wayfair - 6/21/18

PostPosted: Fri Jun 22, 2018 8:12 pm
by Country
The U.S. Supreme Court has announced their decision on the S. Dakota v. Wayfair case, overturning the long-standing rule that states could not tax businesses or sellers outside of their borders. What will be the impact for buying coins on the net? Buying coins here? How quickly could it implemented? Could it be appealed?

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sat Jun 23, 2018 12:27 am
by Recyclersteve
How do you appeal something that has been decided by the Supreme Court? I thought they were the ultimate authority.

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sat Jun 23, 2018 10:39 am
by highroller4321

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sat Jun 23, 2018 1:12 pm
by aloneibreak
eBay sent me a message to sign their petition against it

as far as buying and selling on sites like this ?

most of you know me well enough to know what I’ll do

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sat Jun 23, 2018 2:30 pm
by Country
How would this effect EBAY? Would they have to take a calculation and collection of taxes for their sellers?

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sat Jun 23, 2018 3:13 pm
by Thogey
Country wrote:How would this effect EBAY? Would they have to take a calculation and collection of taxes for their sellers?


E-bay will collect and distribute the taxes. AZ residents were always required to declare and pay tax on internet purchases. I don't know who actually did it.

It's about time online sellers collected taxes. Not a big deal, just a matter of simple record keeping. :clap:

BTW There is no tax on US currency in AZ. It will be a good place to sell US coins into

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sat Jun 23, 2018 3:44 pm
by justoneguy
aloneibreak wrote:most of you know me well enough to know what I’ll do



Thumbs up symbol here

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sun Jun 24, 2018 11:10 am
by highroller4321
Country wrote:How would this effect EBAY? Would they have to take a calculation and collection of taxes for their sellers?


Ebay is already asking its members to sign a petition for congress to step in and act.

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sun Jun 24, 2018 12:00 pm
by Thogey
highroller4321 wrote:
Country wrote:How would this effect EBAY? Would they have to take a calculation and collection of taxes for their sellers?


Ebay is already asking its members to sign a petition for congress to step in and act.


Waste of effort. Ebay, and others better concentrate on 50+ schedules and more in the future when municipalities ask for theirs. I can travel 5 miles in each direction and pay three different combinations of sales tax.

Not a big deal. All legitimate online businesses should have their records in order anyway. Simple record keeping.

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Fri Aug 03, 2018 8:15 pm
by Recyclersteve
Thogey wrote: Simple record keeping.


Is that one of those oxymorons like "political intelligence" or "jumbo shrimp"? :)

Re: S. Dakota v. Wayfair - 6/21/18

PostPosted: Sat Aug 04, 2018 8:30 am
by Thogey
Recyclersteve wrote:
Thogey wrote: Simple record keeping.


Is that one of those oxymorons like "political intelligence" or "jumbo shrimp"? :)


Sorry, you were trapped in sarcasm meant for someone else. :oops: