“Tax on amount shown vs actual value of phone Will I be taxed on the amount shown with the 2 year agreement (e.g.,$399) or on the actual value amount? For example, Verizon store charges tax based on the full value so I would be paying tax on approximately $899 instead of the $399.”
Answer This Question
1-6 of 6 Answers
You will only be taxed on the 399.00
Sorry, there was a problem. Please try again later.AT&T charges tax for suggested retail value the same as Verizon.
Sorry, there was a problem. Please try again later.You are usually taxed on the amount you are paying. With a 2 yr contact you should only be taxed on the "$399" as the phone company subsidizes the rest. If you go with the AT&T Next plan you pay taxes on the entire amount, $899, as you are actually purchasing the phone out right.
Sorry, there was a problem. Please try again later.You will be taxed on the actual amount.
Sorry, there was a problem. Please try again later.We bought 4 iPhone on the AT&T next plan and had to pay the sales tax on the entire value of each phone.
Sorry, there was a problem. Please try again later.Taxed based on$399
Sorry, there was a problem. Please try again later.