View Single Post
  #114  
Old 02-21-2018, 2:51 PM
KenLS KenLS is offline
Junior Member
 
Join Date: Mar 2017
Posts: 7
iTrader: 0 / 0%
Default

Hate to dig this back up, but seems relevant. This is regards to Blade Gunners post & relevance. Not bringing up the Income Tax aspect, just sales/use.

If you were to buy a gun that somehow didn't get taxed, you WOULD be required to report it on your 540 as well as other internet sales. Even though collected on the Income Tax return, it is USE tax being collected for the BOE by the FTB. I bring this up because we have to fill in this section of the return UNDER PENALTY OF FRAUD in order to be able to EFile the return.

Also, usually, if the sales tax is shown on the out-of-state sales invoive, then the buyer would only be subject to the difference between the CA sales tax (including local sales tax) & the amount actually billed.
Reply With Quote