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l'm 0ne PerCenter

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3 comments

  • Ricci.Wright

    I think GB collects that to help offset their cost of collecting the sales tax and then distributing it to the states.

    0
  • Rocky Raab

    In before the clearly stated rules are applied, LOL!

    0
  • mark christian

    We just spent four days covering this same subject:

    @...: https://forums.gunbroker.com/discussion/1903382/my-take-on-the-gunbroker-sales-tax-situation

    A buyer contacted me to finalize our deal, and he wanted to know why the sales tax was over 10%. I explained that the "compliance fee" is added into the sales tax figure and boosts that figure somewhat. He didn't like my explanation and said he may not be buying any more guns on Gunbroker.

    The government says Gunbroker must collect the sales tax for the various states, and then remit those amounts to the states. The government does not offer any "facilitator," and Gunbroker is a "facilitator," any help in getting this done. GB just has to do it. They probably even had to hire extra people to get this task accomplished. So, there is cost involved, and the "compliance fee" is an attempt to recoup some of that expense.

    If the "compliance fee," being added to the sales tax, pushes the "taxes and fees" on a sale to 10%, or even 12%, think of it as a buyer premium. Buyer premiums are common in live auctions, and even in internet auctions. I just participated in an internet auction, and the buyer premium was 18 %, and that's in addition to 8.25% sales tax. I kept those figures in mind when bidding, and I lost a few items, but I won a few too.

    Side note: If you are a dealer buying on Gunbroker for resale, you can submit your sales tax exemption forms to Gunbroker, and your purchases will be tax exempt.

    There's my 2 cents. Spend it wisely.

    I'd reading nothing new in this thread.

    3

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