Quote:
Originally Posted by
xlr231 
Does anyone know if they charge sales tax on the whole $300? Or is it just on the balance after the trade in credits?
Quote:
Originally Posted by
tfoltz
I got charged tax on the full amount w/the 360s Gamestop deal. Pretty sure they made a mistake with you. Or I got screwed.
Quote:
Originally Posted by
aaronwt
On my 360 slim purchases from Gamestop, I did not get charged any taxes on the amount supplied from credit. So instead it costing me $315 with our 5% tax, it only cost me $300 from the gamestop credit.
I don't think it was a mistake either since this was the case for both my 360 slim purchases from Gamestop where I used the trade in credit.
It depends on whether your state allows for trade ins in calculating the amount of the retail sale subject to tax. Given that gamestop does a lot of trade ins, I am sure their software is up to date. Looking at a research tool, you three are in IN, CA, and VA. The answer is CA pay on gross, IN and VA pay on net.
Here is a table, exclude = taxed on net, include = taxed on gross (ignore the paragraph numbers eg 61-140)
Code:
Alabama Included Exclusion allowed for certain items, e.g. parts, vehicles, trailers, and agricultural machinery. 61-140
Arizona Excluded 61-140
Arkansas Included Exclusion allowed for certain items, e.g. vehicles, trailers, and aircraft. 61-140
California Included 61-140
Colorado Excluded 61-140
Connecticut Excluded 61-140
District of Columbia Included 61-140
Florida Excluded 61-140
Georgia Excluded 61-140
Hawaii Excluded 61-140
Idaho Excluded Exclusion not allowed on sale of a new manufactured home or a modular building. 61-140
Illinois Excluded 61-140
Indiana Excluded 61-140
Iowa Excluded 61-140
Kansas Excluded 61-140
Kentucky Excluded 61-140
Louisiana Excluded 61-140
Maine Included Exclusion allowed for certain items, e.g. vehicles, boats, aircraft, chain saws, and trailers. 61-140
Maryland Included 61-140
Massachusetts Included Exclusion allowed for certain items, e.g. vehicles, boats, and aircraft. 61-140
Michigan Included 61-140
Minnesota Excluded 61-140
Mississippi Excluded 61-140
Missouri Excluded Exclusion not applicable to certain manufactured home sales. 61-140
Nebraska Excluded 61-140
Nevada Excluded 61-140
New Jersey Included Excluded if separately stated. Exclusion not allowed on certain sales of manufactured or mobile homes. 61-140
New Mexico Excluded Exclusion not allowed on trade-in of manufactured home. 61-140
New York Excluded 61-140
North Carolina Included 61-140
North Dakota Excluded Exclusion not allowed on trade-in of used mobile home. 61-140
Ohio Included Exclusion allowed on sales of certain items, e.g. watercraft and new vehicles. 61-140
Oklahoma Included Exclusion allowed for certain used or trade-in parts. 61-140
Pennsylvania Excluded 61-140
Rhode Island Included Exclusion allowed on sales of certain items, e.g. private passenger vehicles. 61-140
South Carolina Excluded 61-140
South Dakota Excluded 61-140
Tennessee Excluded 61-140
Texas Excluded 61-140
Utah Excluded 61-140
Vermont Excluded 61-140
Virginia Excluded 61-140
Washington Excluded 61-140
West Virginia Excluded 61-140
Wisconsin Excluded Exclusion not allowed on sale of manufactured building. 61-140
Wyoming Excluded 61-140
