NH Auctioneer Practice Questions - New Hampshire Licensed Auctioneer Exam

In New Hampshire, what is the auctioneer's responsibility regarding sales tax collection at auction?

Auctioneers are exempt from collecting sales tax The buyer is solely responsible for paying sales tax directly to the state The auctioneer must collect applicable sales tax from the buyer at the time of sale Sales tax only applies to real estate auctions

Correct Answer:

The auctioneer must collect applicable sales tax from the buyer at the time of sale

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