I think I get it now, maybe. If a winning Heritage internet bidder in South Dakota doesn't have Heritage collect a sales tax, which only happens in states where they have a physical presence, he is still liable for it and needs to remit same to the state on a voluntary basis. Which I am sure rarely if ever happens. And I suppose their refusal to accept Pay Pal as a method of payment and making winning bidders "eat" the 3% credit card fee they should be paying, are simply business decisions and Heritage profit enhancers.
My only point when I initiated this thread is that, when trying, often failing, to calculate any kind of successful bidding strategy, I have to entertain costs that folks in other states don't need to. My hit ratio in their last auction was abysmal
|