Are You Up-to-Date with NC Sales Tax Requirements for Auctioneers?

<p>To collect and remit sales and use tax on the sales price of marketplace-facilitated sales that meet certain thresholds</p> Signup and view all the answers

<p>To collect and remit sales tax regardless of whether the marketplace seller meets certain conditions</p> Signup and view all the answers

<p>They can use the Department’s online business registration portal or submit a completed Form NC-BR</p> Signup and view all the answers

<p>No, they do not need to register again and must include any marketplace-facilitated sales on the Form E-500</p> Signup and view all the answers

<p>On the Department’s website</p> Signup and view all the answers

<p>The Department of Revenue in North Carolina</p> Signup and view all the answers

<p>A person that lists items for sale on a marketplace owned or operated by the marketplace facilitator</p> Signup and view all the answers

<p>The sale of an item by a marketplace facilitator on behalf of a marketplace seller that occurs through a marketplace</p> Signup and view all the answers

<p>A person that sells or offers to sell items through a marketplace regardless of physical presence or registration in North Carolina</p> Signup and view all the answers

<p>To collect and remit sales and use tax on the sales price of marketplace-facilitated sales that meet certain thresholds</p> Signup and view all the answers

<p>To collect and remit sales tax regardless of whether the marketplace seller meets certain conditions</p> Signup and view all the answers

<p>They can use the Department’s online business registration portal or submit a completed Form NC-BR</p> Signup and view all the answers

<p>No, they do not need to register again and must include any marketplace-facilitated sales on the Form E-500</p> Signup and view all the answers

<p>On the Department’s website</p> Signup and view all the answers

<p>The Department of Revenue in North Carolina</p> Signup and view all the answers

<p>A person who lists or makes available for sale a marketplace seller's items through a marketplace owned or operated by the marketplace facilitator and collects the sales price or purchase price of a marketplace seller's items or otherwise processes payment</p> Signup and view all the answers

<p>The sale of an item by a marketplace facilitator on behalf of a marketplace seller that occurs through a marketplace</p> Signup and view all the answers

<p>A person who sells items through a marketplace</p> Signup and view all the answers

<p>No, only auctioneers that meet the definition of a marketplace facilitator and either of the thresholds must collect and remit sales and use tax on the sales price of marketplace-facilitated sales in North Carolina</p> Signup and view all the answers

<p>An auctioneer that lists or makes available for sale a marketplace seller's items through a marketplace owned or operated by the auctioneer and collects the sales price or purchase price of a marketplace seller's items or otherwise processes payment</p> Signup and view all the answers

<p>The auctioneer</p> Signup and view all the answers

<p>The same requirements and procedures as all other retailers who are required to be registered to collect and remit North Carolina sales and use tax</p> Signup and view all the answers

<p>No, a marketplace facilitator is required to collect and remit sales tax as required by N.C. Gen. Stat. § 105-164.4J regardless of whether a marketplace seller for whom it makes a marketplace-facilitated sale meets certain conditions</p> Signup and view all the answers

<p>By submitting a completed Form NC-BR, Business Registration Application for Income Tax Withholding, Sales and Use Tax, and Other Taxes and Service Charge, available on the Department’s website, with no fee</p> Signup and view all the answers

<p>Auctioneers who meet the definition of a marketplace facilitator and meet certain thresholds</p> Signup and view all the answers

<p>A person that lists or otherwise makes available for sale a marketplace seller's items through a marketplace owned or operated by the marketplace facilitator and collects the sales price or purchase price of a marketplace seller's items or otherwise processes payment</p> Signup and view all the answers

<p>The sale of an item by a marketplace facilitator on behalf of a marketplace seller that occurs through a marketplace</p> Signup and view all the answers

<p>A person that sells or offers to sell items through a marketplace regardless of whether the person has a physical presence in North Carolina or is registered as a retailer in North Carolina</p> Signup and view all the answers

<p>No</p> Signup and view all the answers

<p>The auctioneer is considered the retailer of each marketplace-facilitated sale it makes and is liable for collecting and remitting the sales and use tax due on all such sales</p> Signup and view all the answers

<p>They are required to comply with the same requirements and procedures as all other retailers who are required to be registered to collect and remit North Carolina sales and use tax</p> Signup and view all the answers

<p>Yes</p> Signup and view all the answers

<p>They can use the Department’s online business registration portal or submit a completed Form NC-BR, Business Registration Application for Income Tax Withholding, Sales and Use Tax, and Other Taxes and Service Charge, available on the Department’s website, with no fee</p> Signup and view all the answers

<p>They are required to collect and remit sales and use tax on the sales price of marketplace-facilitated sales.</p> Signup and view all the answers

<p>A person that sells or offers to sell items through a marketplace regardless of whether the person has a physical presence in North Carolina or is registered as a retailer in North Carolina.</p> Signup and view all the answers

<p>To collect and remit sales and use tax on the sales price of only marketplace-facilitated sales made through the marketplace.</p> Signup and view all the answers

<p>The sale of an item by a marketplace facilitator on behalf of a marketplace seller that occurs through a marketplace.</p> Signup and view all the answers

<p>To collect and remit sales tax as required by N.C. Gen. Stat. § 105-164.4J regardless of whether a marketplace seller for whom it makes a marketplace-facilitated sale meets certain conditions.</p> Signup and view all the answers

<p>By using the Department’s online business registration portal or submitting a completed Form NC-BR with no fee.</p> Signup and view all the answers

<p>They do not need to register again if they are already registered to collect and remit sales and use tax.</p> Signup and view all the answers

<p>A person that lists or otherwise makes available for sale a marketplace seller's items through a marketplace owned or operated by the marketplace facilitator and collects the sales price or purchase price of a marketplace seller's items or otherwise processes payment.</p> Signup and view all the answers

<p>They are liable for collecting and remitting sales and use tax on the sales price of only marketplace-facilitated sales made through the marketplace.</p> Signup and view all the answers

<p>A person that lists or otherwise makes available for sale a marketplace seller's items through a marketplace owned or operated by the marketplace facilitator and collects the sales price or purchase price of a marketplace seller's items or otherwise processes payment</p> Signup and view all the answers

<p>The sale of an item by a marketplace facilitator on behalf of a marketplace seller that occurs through a marketplace</p> Signup and view all the answers

<p>A person that sells or offers to sell items through a marketplace</p> Signup and view all the answers

<p>To collect and remit sales and use tax on the sales price of marketplace-facilitated sales in North Carolina</p> Signup and view all the answers

<p>To collect and remit sales tax regardless of whether the marketplace seller for whom it makes a marketplace-facilitated sale meets certain conditions</p> Signup and view all the answers

<p>By submitting a completed Form NC-BR with no fee</p> Signup and view all the answers

<p>No, they do not need to register again</p> Signup and view all the answers

<p>On the Department of Revenue's website</p> Signup and view all the answers

<p>An auctioneer that does not meet the definition of a marketplace facilitator</p> Signup and view all the answers

<p>Yes, a marketplace facilitator is required to comply with the same requirements and procedures as all other retailers who are required to be registered to collect and remit North Carolina sales and use tax</p> Signup and view all the answers