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Tax on private sales at gun shows?


Guest wcaseyb

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As I said above, I may be totally wrong...I was looking at the TN code yesterday and couldn't find anything on point. What I did find is what I was already sure of which is that if you buy something from an actual business, including one out of state (such as internet sales), the Tennessee resident is supposed to pay the appropriate sales tax to the state of Tennessee on a voluntary basis (which of course never happens which is why most of the states want sales tax collected by sellers when selling on the internet).

When it comes to private parties and especially, something "used'; I couldn't find anything about it so it seems pretty likely that there is no "sales tax" on sales between private individuals.

I've lived in five different states over my life and, understandably, they all have slightly different laws regarding sales tax so I was likely just remembering another state's requirements!

You wont find anything there on taxes.

For tax info you need TN Dept of Revenue.

Internet

Gifting

Everything else

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Huh, wife is in there all the time, and she's the one who told me this. I assume I misunderstood what she was talking about.

Mac

There may be an exemption for used clothes, but I've only heard that on an eBay UseNet group, and that may vary by state.

Anyway, I buy books there now and then, once in a while something I think I might make a few bucks reselling on eBay, as it's on one of my walking routes, and thought of this thread today.

Spent 4.49 on books,

10% geezer discount

.37 sales tax.

Last weekend of the month, most everything is half price, helluva deal.

I still think most of the best stuff gets absconded with before it ever hits the floor, though.

- OS

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