From: hhoffmann@govliquidation.com
Date: Wed Sep 24 2003 - 08:29:31 PDT
Mr. Young:
I appreciate your concern about sales tax on MV purchases and below is the
sales tax information from our website. GL is regularly audited by leading
account firms and representatives from individual states regarding the
collection of sales tax. Yes, the states make sure they get their funds.
Buyers can apply for exemption if they are eligible, but GL must collect
the tax.
Sales/Excise Tax Policies and Procedures:
GL is obligated to collect sales, use or excise tax from ALL Buyers. It is
the Buyer's responsibility to provide the required documentation when
submitting a bid to claim an exemption. Buyers must submit
re-sale/tax-exemption documentation from the state in which they are doing
business as well as the state(s) where they are purchasing property. GL is
not obligated to refund sales tax due to late submission of sales tax
exemption documentation. Submission of all appropriate tax exemption
form(s) must be received by GL before 5:00 p.m. ET on the date the sales
event in which the Buyer is participating closes. Re-sale certificates may
be faxed to Government Liquidation at (480) 367-1450.
The Buyer will be liable for all taxes, surcharges or other charges
imposed on the sale of goods by any taxing authority if tax forms are not
received by close time of the sales event in which they are participating.
Buyer will need to contact the appropriate taxing authority directly for
refunds.
**Note: All property sold in the state of Hawaii is subject to an excise
tax. There are no exemptions to the Hawaii excise tax.
Best regards,
Hunter
Hunter Hoffmann
Public Relations and Communications Manager
Government Liquidation, LLC, a subsidiary of Liquidity Services, Inc.
Phone: 480-609-3281
MVTrucker@aol.
com To: "Military Vehicles Mailing List"
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Vehicles Subject: Re: [MV] Titling gripes
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<mil-veh@mil-v
eh.org>
09/24/2003
05:05 AM
Joe,
The price paid that is shown on the Form 97 is the
amount that GL paid for the truck. It's my understanding
that the Feds get 80% of whatever GL sells the truck for.
GL compensates for this a little by adding the Buyers
Fee and no doubt pocketing the "sales tax" they collect.
The latter is mentioned because the GL invoices do not
show that the tax was paid to a particular state, only
that it was collected.
Joe Young
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