Questions About HipStamps

Randy, are you thinking of buying the Mongolia with cert on Hip?

Sales tax is a tax on purchases by state residents, which is usually collected and remitted to the State by the seller. No state would want to exempt purchases from out-of-state sellers, as that puts in-state sellers at a disadvantage.

In my state, and probably all US states that have sales taxes, if the tax is not collected by the seller, the buyer still owes the tax and should remit it to the State themselves. In that case it is called a "use tax".

In theory, anyway. Most of us small-time buyers can get away with not paying it when the seller does not collect it from us.

Thinking about it and going through the motions to be ready for the day but no not thinking about buying this stamp at this time. Need more info on pricing such as auction sale. A great stamp but price may be just too high. Maybe

My experience on the mint version at the Christopher Gaertner auction got me to dealing with money conversion and high auction percentage and taxes and shipping and even no Vat tax. Just continuing to expand my venue and overseas experience as Mongolia acquisition is taking me all over the world.

Thanks very much Geoff and CJ.

Tax-addicted states like California excel at assessing and collecting use tax on overseas shipments that pass through a customs broker at the US port. Buyers of large or high-dollar items from foreign sellers should determine exactly how the seller plans to ship, as it's possible for the seller or its carrier to route through a customs broker without advance notice to the buyer. Then the broker holds the shipment hostage until you pay the tax and their fee. Of course, the seller and carrier are only trying to adhere to the law. Budget for the use tax and presume you will pay it, or don't buy.