As thousands of collectors and dealers have flocked to Florida this week for the FUN Show,
let’s take a look at Florida’s economic nexus requirements!
Only retail sales subject to sales tax count toward the threshold of $100,000.
Most coins are exempt from sales tax,
so this is a pretty small portion of sales for most dealers. However, the laws in Florida are very nuanced, and we encourage you to look more deeply if you’re based in the state.
Our “Sales-Tax Status & Economic Nexus Requirements by State” PDF also offers more information for NCBA members!
#Coins #CoinDealer #Florida #Info As thousands of collectors and dealers have flocked to Florida this week for the FUN Show, π΄β¨ let’s take a look at Florida’s economic nexus requirements! π°π Only retail sales subject to sales tax count toward the threshold of $100,000. β
Most coins are exempt from sales tax, πͺβ so this is a pretty small portion of sales for most dealers. However, the laws in Florida are very nuanced, and we encourage you to look more deeply if you’re based in the state. ππ Our “Sales-Tax Status & Economic Nexus Requirements by State” PDF also offers more information for NCBA members! ππ‘οΈ #Coins #CoinDealer #Florida #Info