Who Pays the Taxes on Consignment Sales? | Sapling
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Who Pays the Taxes on Consignment Sales? | Sapling
A consignment shop sells merchandise owned by others on “sale or return” status. The seller does not relinquish ownership and pays a percentage of the value to the shop owner for completing the sale. The shop owner takes his percentage from the total the buyer pays.
Oct 11, 2016
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