Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.2 9/18/84; site bonnie.UUCP
Path: utzoo!watmath!clyde!bonnie!wjh
From: wjh@bonnie.UUCP (Bill Hery)
Newsgroups: net.audio,net.consumers
Subject: Re: NJ discount stereo components (summary)
Message-ID: <697@bonnie.UUCP>
Date: Tue, 21-Jan-86 09:38:16 EST
Article-I.D.: bonnie.697
Posted: Tue Jan 21 09:38:16 1986
Date-Received: Wed, 22-Jan-86 05:13:31 EST
References: <855@u1100a.UUCP>
Organization: AT&T Bell Laboratories, Whippany NJ
Lines: 12
Xref: watmath net.audio:7243 net.consumers:3959

> - If you buy in NYC, have it shipped to NJ to avoid NY sales taxes.

Not legally.  When you file your NJ income tax return, you will be asked
to pay the NJ (6%) sales tax to NJ for any merchandise purchased out of state
for use in NJ.  If you do this, you only save the difference (8.32-6=2.25%),
which is probably less than the cost of shipping and insuring.  And of course
all of you are going to pay that with your NJ income tax.

Even worse (for the tax beaters) is that because this is abused so much, NY and
NJ are in the process of passing cooperative legislation so that each will collect
taxes for the other:  if you buy in NY and ship to NJ, you will pay the NJ tax
at the time of purchase, and NY will forward the money to NJ.