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What else can I help you with?
What types of items do you not pay sales tax on?
Food items
Do you need to pay income tax on sold items on ebay?
Technically yes, but if sales are minimal, the IRS isn't going to notice. If you're making hundreds or even thousands of dollars in sales, then you definitely need to pay taxes.
If the creditors repossessed a car and then sold it at an auction can you be made to pay for the rest of the money that they didnt get out of the auction?
Yes, you will have to pay the deficiency plus repossession fees. Your obligation was the balance on the loan no matter what the car actually sold for. If you do not pay they will sue you and you will loose in court.
What could happen if you don't pay for your impounded car?
Eventually it will be sold at auction to pay the impound fees.
If you host an Internet auction and collect a listing fee and or commission when a user sells an item do you have to collect sales tax in New York?
Whoever sold the item is suposed to collect and pay the taxes on it.
Do you pay nys sales tax on goods shipped to South America?
If the items were purchased in NYS then yes you will have to pay sales tax on them when you purchase them. If you are a business who sells item purchased wholesale in NYS then you can apply for an get a Sales Tax Certificate. This means that you will not pay sales tax when you buy items wholesale but then you will have to pay sales tax on the items when you sell them at a higher price. This will also require you to file monthly reports to the Sales Tax Division and account for each item purchased for resale.
What happens if you win an auction and can't pay?
If you win an auction and can't pay, you may face consequences such as losing the item, being banned from future auctions, or legal action by the auction house or seller. It is important to only bid on items you can afford to pay for.
What sales tax do you pay for discounted items?
You pay sales tax on the actual amount you pay for the item, not some infalted price the store says they are discounting from.
Does auction King studio 63 charge a buyers premium?
Yes, Auction King Studio 63 typically charges a buyer's premium on items sold at auction. This premium is an additional percentage added to the final hammer price, which buyers must pay. The exact percentage can vary, so it's advisable to check their specific auction terms and conditions for details.
My Car was repossessed what do I owe the bank?
They will auction the car and you will have to pay the difference of what you owe and what the car sold for.
In New Jersey does the borrower have to pay any loan deficit after a repossessed car is sold at auction?
Yes.
Which term is defined as legal process in which mortgaged property is sold to pay the loan of the defaulting borrower?
Auction.
