• Why not take a moment to introduce yourself to our members?

coralfarmin

Advanced Reefer
Rating - 0%
0   0   0
I spoke with a revenue officer at the office where I got the sales and use permit

thats what I ment

there was some question as to the need of collection of sales tax for propagated coral

since propagated plants if propagated in the state do not have sales tax
 

coralfarmin

Advanced Reefer
Rating - 0%
0   0   0
he said yes collect it and give me his card..I think he was the head guy at that office

if the person buys in NC

since after explaining the process of gluing a frag to a rock it was unclear to him as to it being considerd manufactured

since it was glued to a rock

thats what he said
 

coralfarmin

Advanced Reefer
Rating - 0%
0   0   0
I am still a little confused, thats why I have to talk to the aquaculter guy and see what he says

no lic. is issued anymore for most business in NC to my knowledge

I checked and thats what I was told
 

dizzy

Advanced Reefer
Rating - 0%
0   0   0
In KY sales tax is collected on retail sales in state. If your bringing in corals and reselling it sounds different than an aquaculture outfit that is producing what they sell. I think you should consider changing your user name.
 

coralfarmin

Advanced Reefer
Rating - 0%
0   0   0
Nc has tax collected as well on sales in Nc

the aquaculture greenhouse is not constructed yet but we do have it already

so will be in aquaculture
 

JennM

Advanced Reefer
Rating - 0%
0   0   0
coralfarmin":16rm8w71 said:
I spoke with a revenue officer at the office where I got the sales and use permit

thats what I ment

there was some question as to the need of collection of sales tax for propagated coral

since propagated plants if propagated in the state do not have sales tax

What about propagated PUPPIES if propagated in the state? Is there sales tax on those if they are resold? Therein will lie your answer. Corals are animals, say it with me... "Corals are animals" they are NOT plants.

And please -- I know I'm being really picky here... but it's "agriculture" and "aquaculture". Maybe spelling doesn't count but I know we've had this conversation before. Good spelling and grammar will encourage people to take you more seriously than they may be doing now.

Jenn
 

coralfarmin

Advanced Reefer
Rating - 0%
0   0   0
the officer never heard of propagating coral and said yes collect it,I am calling the Aquaculture department in the moring to clarify the rest

I do not really do any aquaculter yet

I have just started

thats next
 

JennM

Advanced Reefer
Rating - 0%
0   0   0
Just reading these posts by CF I'm confused because they are getting more and more convoluted with each new posting.

So now it might not be taxable if it's 'manufactured'? Does one manufacture corals in the same way that puppy mills manufacture puppies?

Corals are animals, or colonies of animals - I've said that now so many times my face is turning blue.

If you aren't raising corals for growout/fragging/resale then you aren't "Coralfarmin' " You are "Coralsellin'" (or CoralPimpin' ") ;)

If you're buying them to resell then you should be charging your state or county tax on local or in-state buyers. Out of state buyers still have that loophole - although did you know when you buy something from out of state you are *supposed* to remit the tax due to your own state? (Has anyone ever actually done that?!).

Even if you were propping them (which clearly you are not at this point), if the mother colony is taxable, then frags would be taxable as well. Sell the mother dog and charge tax, sell her puppies and charge tax.

It's pretty simple, IMO.

OH and don't forget - you need to remit that tax to your state department of revenue too. I've know a few folks who were good at collecting the tax but rather forgetful at sending it in ;)

Jenn
 

JennM

Advanced Reefer
Rating - 0%
0   0   0
Make it simple for your inspector.

Tell him you are "breeding" corals.

No it's not sexual reproduction, it's fission, but it's still causing an animal to reproduce, and the definition is close enough for government work.

Jenn
 

coralfarmin

Advanced Reefer
Rating - 0%
0   0   0
NO he said it was unclear as to wether it was manufacturing
(to him) which does require tax

He said yes collect it

Another said it was unclear to him cause of the plant policy and directed me to the other guy

that is what happened

far as buying and selling wild stock and aquaculture gos I am clear that you DO collect
 
A

Anonymous

Guest
Rating - 0%
0   0   0
Actually Jen, it's mariculture. Aquaculture is all things freshwater, and mariculture is all things marine :D
 
A

Anonymous

Guest
Rating - 0%
0   0   0
Jenn: In North Carolina the Fish stores are pretty much unregulated compared to Georgia where you need all sorts of permits and inspections. Big things are TAX #, Resell License & watch out for that fire inspector. If you want to compare it to an animal compare it to a cow.

The guys with the revenue department are probably confused about the growing of corals. If a farmer grows something and slaughters it for food and sells it himself he does not have to collect any sales tax in NC. This includes plants and animals. Now if he grows cows for breeding and sells those cows to someone else himself he also collects no tax.

Now if he takes that cow and cooks the meat and then sells it he has to charge regular sales tax since its "prepared".
 

coralfarmin

Advanced Reefer
Rating - 0%
0   0   0
thank you Chris

I am not here trying to claim to be some sort of expert and am trying my best to learn..thats why we are taking it slow

this group is tuff
 

spawner

Advanced Reefer
Rating - 0%
0   0   0
Jenn,

I must say after a long day of staring into a microscope, reading your post sure does lighten the day up a bit.

CF: as a fellow NC boy, I must say that I can't spell four letter words most days, so no worries. Just hope you have all your teeth ;)

Jenn is 100% correct, even if the states are confused as to what to call corals, they are animals and it should be taxed the same way any pet would be if resold.


andy
 
A

Anonymous

Guest
Rating - 0%
0   0   0
coralfarmin":2jop3hg2 said:
thanks Gresh
you are always so polite

Your welcome I guess. :? I don't know how to take that, being that Jenn and I are friends (or at least I feel that way about her:D) and it was just a friendly barb about symantics :wink:
 

coralfarmin

Advanced Reefer
Rating - 0%
0   0   0
Jenn is Great to

I think she is VERY smart...just a little mean about it sometimes imo

I dont have a problem with her

sometimes it just takes me a little while to process ALL she says
 
A

Anonymous

Guest
Rating - 0%
0   0   0
Just to through another wrench in with the monkeys, I just got to bring this up.

The small building on my lot is zoned commercial. It was built to raise earthworms. I had to get a manufacturing lic. and also a sales and use lic. I live out in the boonies, so didn't have to have to be inspected for occupancy, but it was fire inspected, building inspected and as well as the electrical. But since I was "wholesaleing" the casting I didn't have to collect sales tax.

I know that this area is big into aquaculture, and if I remember right, there is a special lic. you need for that. We have a big USDA office here as well as Wildlife and Fisherys. If I was to do as cf, then I'd have to get the whole shabang involved, and make n o mistake, I'd call them before they called me. I think I'd even check with the EPA, because they're here too.
 

Sponsor Reefs

We're a FREE website, and we exist because of hobbyists like YOU who help us run this community.

Click here to sponsor $10:


Top