What taxes am I subject to?

The province/state sale tax is applied to all the purchases and 10% buyers premium on our website as it is required by the government. However, there are two circumstances when the sale tax is not applied:

(1) When you have a tax exempt certificate and it was approved by our accounting department.

If you can provide evidence that you have an exemption certificate for a business and complete the MaxSold exemption form prior to auction closing, MaxSold will not charge tax. Note that you have the burden of proving that a sale in the State/Province is not subject to sales and use tax. If in doubt, do not bid.

(2) Gift certificates (with nominal values) are not charged sale tax. The tax is only charged directly to the user when they redeem it.

For example, $50 cash-value certificate that you could spend in the restaurant and we do not charge sale tax on that (but only the buyer's premium is taxed). However, if it is a $240 gift certificate to two show tickets or spa treatment, you have to pay sale tax because it is offering service and goods.

Please let us know if you have any other questions by contacting MaxSold Support (support@maxsold.com or 877-257-7799 ext 1). 

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