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While there are some US states that have considered taxing legal fees, this is certainly not the norm. Services are typically exempt from sales tax. From page 1
by skue 14y ago
While there are some US states that have considered taxing legal fees, this is certainly not the norm. Services are typically exempt from sales tax. From page 19 of California's guide to sales/use tax exemptions:
> SERVICES—The sale of services where no tangible personal property is transferred or where the transfer of property is incidental, are not subject to sales and use taxes.
Source: http://www.boe.ca.gov/pdf/pub61.pdf http://www.boe.ca.gov/pdf/pub61.pdf
- jacquesm 14y agoThe world is a LOT larger than just California. I love it how HN lumps every VC and every lawyer into the same pile as though we all live in Silicon Valley.
- skue 13y agoAnd I love it how you lump every HN poster into the same pile as though we all live in Silicon Valley. It's probably too late for you to read this, but you're jumping to your own conclusions... I've been on HN long enough to recognize your nick and I was well aware that you live in Europe. You jumped into a discussion about a US-based VC firm and claimed it was motivated by sales tax. Please don't get irate just because "HN" tried to be helpful by explaining why sales tax wouldn't apply here. And for the record, I live 5,000+ kilometers from the VCs on Sand Hill Road.