Are auctioneers required to hold sales tax licenses?
A. If you are collecting sales tax, you need a sales tax license. The general rule of thumb on sales tax at auction is that real estate, going out of business, complete liquidation, and estate liquidations on site are all non-taxable. Inventory, consignment sales, estate liquidations that have been moved to a facility or another location are taxed. For more information, visit the Department of Treasury web address: http://www.michigan.gov/taxes/0,1607,7-238-43529—,00.html.
