CFOSnafu.com » Can’t sell your junk (or treasures) without a permit

Can’t sell your junk (or treasures) without a permit

September 8, 2008 by Shane Borer
Posted in: "They're saying WHAT is exempt??", Compliance, In this week's e-newsletter, Latest news & views, Sales and use tax missteps

Leave it to this state to take a perfectly harmless thing like a flea market and regulate it.

A recent press release from Connecticut’s Department of Revenue says the state’s not going to take Sunday afternoon activities lightly. Any vendors who sell at a flea market, trade show, craft show, antique market or fair in the state must obtain a sales and use tax permit from DOR.

What if a vendor only wants to sell on one day? No exceptions, claims the state. An individual, business or corporation needs to have the permit on hand before a sale is made, and it needs to be prominently displayed at the vendor’s table or booth.

In case you’re thinking the state’s blowing smoke, failure to obtain a tax permit will result in a $500, three months in prison, or both.

Patrons of the Antiques Roadshow — now’s the time to panic.

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One Response to “Can’t sell your junk (or treasures) without a permit”

  1. Mary Kaszonyi Says:

    Isn’t this yet another form of double taxation!!!

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