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AmishDave

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Or take vids of all this stuff and put it up on the FCB Youtube account !!!
 
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Hey guys can someone please do me a huge favor? I'm looking for a 2012 Topps Gypsy Queen penny relic of Matt Holliday. If anyone spots on there can you please let me know or buy it and sell it to me thanks Dan

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rsmath

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How can breakers control the bandwidth ? Doesn't seem like a legit reason.

Probably wouldn't be a problem if the Ohio authorities would shut down the breakers pavailion for being an illegal operation. ;) If not a violation of gambling/lottery/raffle laws, how about a violation of not having the business permits, other permits, and remitting taxes to the state of Ohio for that activity?
 

fordman

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Probably wouldn't be a problem if the Ohio authorities would shut down the breakers pavailion for being an illegal operation. ;) If not a violation of gambling/lottery/raffle laws, how about a violation of not having the business permits, other permits, and remitting taxes to the state of Ohio for that activity?

Usually, in Ohio, when a convention is in progress, the convention promoter pays a guestimated taxation fee to the state, county, city for such sales or possibility thereof. These pre-paid taxes are then passed on to the convention attendees, whether they are participants of the convention or visitors through table, booth, signage, admission & possible concession fees. Basically, the convention promoter doesnt pay it, we do. Yes, the NSCC is going to pay more in the fee rather than a religious convention. They use the ticket number and turnstiles to help estimate the taxes.

Fordman
 

rsmath

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Usually, in Ohio, when a convention is in progress, the convention promoter pays a guestimated taxation fee to the state, county, city for such sales or possibility thereof.

wow, the state of Ohio is getting screwed by not having each vendor submit sales taxes to the state for their sales directly. You collect some estimated amount through the convention promoter, but it's probably well short of what Ohio could have collected if the individual vendor who sold that $5,000 historical baseball bat, glove, ball or top grade vintage graded card paid the sales taxes directly to Ohio.

Maybe Ohio figures they make up some of that major tax undercollection through lodgers taxes and spending the conventioneers do at restaurants and retail stores and entertainment events, etc.
 

fordman

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wow, the state of Ohio is getting screwed by not having each vendor submit sales taxes to the state for their sales directly. You collect some estimated amount through the convention promoter, but it's probably well short of what Ohio could have collected if the individual vendor who sold that $5,000 historical baseball bat, glove, ball or top grade vintage graded card paid the sales taxes directly to Ohio.

Maybe Ohio figures they make up some of that major tax undercollection through lodgers taxes and spending the conventioneers do at restaurants and retail stores and entertainment events, etc.

Yes and no. Taxes are collected up front because promoters know they cant get vendors to show up to their promotion let alone collect sales tax. The State also knows that each vendor would not make an accurate account for their sales either. Would you as a buyer pay sales tax on a $1,000 purchase then the purchase turns out to be $71.00 more than the agreed upon price? Same goes for the seller, they dont want to eat the taxation either. So, thats why to State agrees to the taxation be up front vs a per sales basis. This is kind of like how flea markets work as well. The taxation is on the table and space, not the goods being sold.

Fordman
 

rsmath

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Yes and no. Taxes are collected up front because promoters know they cant get vendors to show up to their promotion let alone collect sales tax. The State also knows that each vendor would not make an accurate account for their sales either. Would you as a buyer pay sales tax on a $1,000 purchase then the purchase turns out to be $71.00 more than the agreed upon price? Same goes for the seller, they dont want to eat the taxation either. So, thats why to State agrees to the taxation be up front vs a per sales basis.

As for a buyer complaining they have to pay $1,071 instead of $1,000 on a purchase, happens all the time. The buyer should have common sense that a sales or gross receipts tax may exist and that most sellers tack it on rather than eat it. The solution is for a seller to receive $1,071 and remit $71 to the state or receive $1,000 and eat the $71 tax given to the state.

The NSCC could have done what the state fair (and even the Balloon Fiesta IIRC) do here - if you set up to vend at those events, you need a state tax ID number to identify you and to use when making your gross receipts tax payments to the state. You also have to use a cash register that generates sales totals so that the state could quick-audit the total sales in order to verify the correct gross receipts taxes are being sent to the state and that the vendor is not underreporting sales. It's up to the vendor whether to add the gross receipts tax to the purchase (say $2.00 for a coke and 14 cents for tax) and send the 14 cents the buyer paid to the state or charge the fixed amount $2.00 to the buyer and the seller eats out of their pocket the 14 cents tax that they send to the state.

Considering my assumption that sellers at the NSCC are professional sellers and not just amateurs like I feel they are at flea markets, I don't think it's punitive to require a Ohio state tax ID and cash registers and the state of Ohio tax dept. have staff on-site to spot-check audit when so much cash flows through the NSCC. Of course it might mean proper taxation means there may not be a future NSCC Cleveland stop or some vendors may not set up at future NSCCs in Ohio.
 
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mchenrycards

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I am missing the live feed from the National as it has been fun those few years when the show wasn't in Chicago (when I could attend) to see what is happening there. I know the bandwidth is very limited this year but I am still disappointed. Not much anyone can do I guess.
 

Bootstraps9

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There is a guy with a national treasures button card. I think he wants 40 for it....

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I'm not a big fan of the non licensed cards, which I believe that is? Thanks for looking out though!
 

AmishDave

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I'd like to see a nightly Ustream. I was waiting til 10 PM CST last night and nothing.
 
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Anyone happen to come across that Holliday penny relic?

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CollectorsCorner

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I don't understand the tax debate. I am a licensed business in WA but when I do shows in OR I do not have to collect or pay sales tax. All of my WA sales in WA I pay tax on though. So if I was in Ohio at this National, why would I collect sales tax?
 

Musial Collector

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Wow what thrilling national coverage, not to mention the titalating tax convo in this thread.
 

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