The Checkout process creates an easier more stream-lined auction experience for our buyers. This process will automatically modify your Invoice for your tax exemption status and adjust sales tax for an out-of-state or foreign delivery destination.
There are two important pieces of information that you will need to complete your Checkout process successfully:
Your sales tax exemption number, if you believe your are exempt from sales tax.
Your City / State / Zip Code delivery address / equipment destination
Buyers exporting equipment will also be asked to declare their US port of export.
If your resale certificate is already on file for your equipment destination state, your resale exemption number will pop-up automatically during Checkout. If your resale certificate is not on file, you will need to provide a copy of your resale certificate using the bar-coded fax form provided for your convenience. You can print this fax form during Checkout and from the Post Sale page.
If you have your tax exemption status and equipment delivery address available before you start Checkout, the process should take you less than five (5) minutes.
You will be able to make changes to your Checkout information up to three (3) business days after the auction. However, if you have completed Checkout and made full payment, you will not be able to modify the Checkout information yourself. You will need to speak with one of our customer care agents to make any modifications to your Checkout.
During the Checkout process you will be asked if you want to receive transportation quotes for your purchase. You will receive an email notifying you when a carrier has provided a quote. You can view the quotes from your Post Sale page.
If you don't know your delivery destination immediately after the auction, you have up to three (3) business days to complete the Checkout process and make full payment. Equipment must be moved from the seller's yard eight (8) business days after the auction.
To be able to exempt your purchase from sales tax in the equipment pick-up location state, you must provide evidence that you have moved this equipment by common carrier to another state or exported it out of the US.
In the US, each state has their individual sales tax regulations. The domestic Bill of Lading (using a common carrier) exempts your purchase from being taxed in the pick-up location state. This Bill of Lading proves that you did not take possession of or use the equipment in the pick-up location state prior to transporting it to your port of export.
If you are unable to submit your Bill of Lading and proof of export within 60 days, you will be required to pay sales tax on any future purchases - until the outstanding documents are received. If future purchases are exported, IronPlanet will refund the sales tax within sixty (60) days of the auction sale. You will need to provide IronPlanet a domestic Bill of Lading showing the City / State equipment pick-up location and Export documents that include the US port of export and the final delivery destination. IronPlanet will not process refund requests received beyond (60) sixty-days after auction. After the sixty-day period, the buyer may request a sales tax refund directly from the State where taxes were paid. IronPlanet cannot apply for state sales tax refunds on behalf of buyers. Buyers must work directly with the relevant state.
Purchasing over the Internet does not exempt you from the payment of sales /use tax. If you have equipment transported to another state for personal use or for use in your business, this equipment may be subject to state and local sales/use tax based on the laws of your delivery destination state.
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