Thread: Margin on guns?
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Old November 22, 2012, 06:16 PM   #40
Senior Member
Join Date: February 19, 2005
Location: Tennessee
Posts: 5,277
I suspect the sales tax in FL thing is pure profit for the dealer making the transfer.

Sales tax in TN runs about 9 > 9.5% depending on city and county increment. But there is no income tax. I would rather pay the sales tax any day than an income tax.

I have not done many transfers, but there was no sales tax charged on the transfer (or in other words, the price paid out of state).
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