Reason why FFL doesn't want p/u date to roll into 2013

[socalblue]

Read the info from the state: If you do not pass title .... Title is passed when the DROS/4473 is completed AND payment in full in received.

[Zedrek]

The real question is why you would want to wait longer than necessary to pick up your new toy?

[ke6guj]

Read the info from the state: If you do not pass title .... Title is passed when the DROS/4473 is completed AND payment in full in received.

this.


the 4473 isn't completed until you sign the 4473 at pickup.

[kemasa]

The problem is that you have different departments and each have their own view. The BOE has a view with respect to sales tax, the DOJ has its view with respect to sales and the BATF has their own view. The views can conflict.

[NytWolf]

Let me guess, you don't own a gun shop let alone use a point of sale program? I know because ...

... merchandise is delivered.

So what I am going to do is tell my customers if they are paid in full at pick up and want nothing else, I will pay their .25% tax increase. If they still have a balance, they can pay the increase. When I change my sales tax rate On January 1st, the POS (point of sale) shows the customer still owes money.

My POS takes care of all of this so it doesn't matter to me whether a guy picks up before or after 1/1/13. However, per the BOE, the sales tax and my POS won't count it until you pick up.

Sounds similar to what the Sportsman's Warehouse does. For them, they actually require the full payment minus one penny to be paid. It's practically sold to the customer, but it's not paid in full until that penny is taken off, which occurs at the time of pick up. They don't usually charge for that penny, but that's how their system works to keep track of inventory.

For OP, it's probably something that has to do with inventory. It's probably still considered to be in inventory until picked up. They don't want the inventory to roll over into the 2013 calendar year (business tax purposes, not sales tax).