Estate Sales – Regulations or Not – Sales Taxes or Not

Estate Sales News will be reviewing estate sale regulations by states over the next several weeks. This is with regard to state regulations or not. This will not be coverage of any possible county or municipal regulations.

California – Does not have state regulations for estate sales. Does require collection of sales tax.

Georgia – Does not have state regulations for estate sales. Does require collection of sales tax.

New Jersey – Does not have state regulations for estate sales and does not collect sales tax for estate sales.

Texas – Does not have state regulations for estate sales. Does require collection of sales tax.

Washington – Requires the collection of sales tax and the estate sales businesses have to pay a tax (Business & Occupation) under the retail sales category.

We will be continuing our review of the 50 states and when completed we will have a page dedicated to this information. In most states if the purchaser has a resale certificate, they usually don’t have to pay sales tax, however, in some states such as Maryland, the purchase must be over $200 or they have to pay the sales tax and then apply to the state for the reimbursement of the tax.

With so many states not having any regulations pertaining to estate sale companies, this is another excellent reason for having a written contract with the estate liquidator. Protection for all parties.

Share