"Use" Tax Tips for Large Overseas Purchases"Use" Tax Tips for Large Overseas Purchases
Overseas purchases can get you in hot water with tax authorities.
September 20, 2022
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If you have purchased goods from overseas vendors and had them imported to the U.S., you may have a use tax liability. Purchases from domestic sellers can also trigger a use tax liability if they fail to charge the proper rate of tax, or you transport the item to a state with a higher tax rate than the one you purchased it in.
Registrants will learn:
Circumstances under which they will likely owe use taxes when they purchase goods from overseas or domestic sellers.
How they can avoid interest and penalties on unpaid use taxes.
What to do when making purchases (especially of higher dollar-value items) that will be shipped from the seller to another state that may have a higher use tax.
Download the white paper to learn more.
